Published on 28 Aug 2023 on Simply Wall St. via Yahoo Finance
Owning 45% shares,institutional owners seem interested in Preformed Line Products Company...
Key Insights
Given the large stake in the stock by institutions, Preformed Line Products' stock price might be vulnerable to their trading decisionsA total of 6 investors have a majority stake in the company with 53% ownership 12% of Preformed Line Products is held by insiders
Every investor in Preformed Line Products Company (NASDAQ:PLPC) should be aware of the most powerful shareholder groups. With 45% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.