Published on 30 May 2024 on Simply Wall St. via Yahoo Finance
Key Insights
Given the large stake in the stock by institutions, Atlantic Union Bankshares' stock price might be vulnerable to their trading decisions50% of the business is held by the top 19 shareholders Insiders have bought recently
Every investor in Atlantic Union Bankshares Corporation (NYSE:AUB) should be aware of the most powerful shareholder groups. With 66% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).