Published on 17 Jul 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Given the large stake in the stock by institutions, Despegar.com's stock price might be vulnerable to their trading decisionsThe top 8 shareholders own 53% of the companyUsing data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
A look at the shareholders of Despegar.com, Corp. (NYSE:DESP) can tell us which group is most powerful. We can see that institutions own the lion's share in the company with 59% ownership. Put another way, the group faces the maximum upside potential (or downside risk).