Published on 31 May 2023 on Simply Wall St. via Yahoo Finance
Performant Financial Corporation (NASDAQ:PFMT) has caught the attention of institutional investors...
Key Insights
Institutions' substantial holdings in Performant Financial implies that they have significant influence over the company's share priceA total of 6 investors have a majority stake in the company with 51% ownershipUsing data from company's past performance alongside ownership research, one can better assess the future performance of a company
If you want to know who really controls Performant Financial Corporation (NASDAQ:PFMT), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 48% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).