Published on 2 Apr 2024 on Simply Wall St. via Yahoo Finance
MannKind Corporation (NASDAQ:MNKD) down to US$1.2b market cap, but institutional owners may not be...
Key Insights
Given the large stake in the stock by institutions, MannKind's stock price might be vulnerable to their trading decisionsA total of 25 investors have a majority stake in the company with 42% ownershipOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
Every investor in MannKind Corporation (NASDAQ:MNKD) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 49% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.