Published on 29 Aug 2022 on Simply Wall St. via Yahoo Finance
A look at the shareholders of Astronics Corporation (NASDAQ:ATRO) can tell us which group is most powerful. With 58% 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.
As a result, institutional investors endured the highest losses last week after market cap fell by US$46m. Needless to say, the recent loss which further adds to the one-year loss to shareholders of 28% might not go down well especially with this category of shareholders. Institutions or "liquidity providers" control large sums of money and therefore, these types of investors usually have a lot of influence over stock price movements. As a result, if the decline continues, institutional investors may be pressured to sell Astronics which might hurt individual investors.
Let's delve deeper into each type of owner of Astronics, beginning with the chart below.