Published on 6 May 2024 on Simply Wall St. via Yahoo Finance
With 86% ownership of the shares, Palomar Holdings, Inc. (NASDAQ:PLMR) is heavily dominated by...
Key Insights
Significantly high institutional ownership implies Palomar Holdings' stock price is sensitive to their trading actions51% of the business is held by the top 9 shareholders Insiders have sold recently
If you want to know who really controls Palomar Holdings, Inc. (NASDAQ:PLMR), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 86% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).