Published on 3 Jul 2023 on Simply Wall St. via Yahoo Finance
With 73% institutional ownership, First Merchants Corporation (NASDAQ:FRME) is a favorite amongst...
Key Insights
Institutions' substantial holdings in First Merchants implies that they have significant influence over the company's share priceThe top 18 shareholders own 51% of the companyOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
A look at the shareholders of First Merchants Corporation (NASDAQ:FRME) can tell us which group is most powerful. The group holding the most number of shares in the company, around 73% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).