Published on 21 Oct 2022 on Simply Wall St. via Yahoo Finance

Community Bank System, Inc.'s (NYSE:CBU) recent 4.7% pullback adds to one-year year losses,...

To get a sense of who is truly in control of Community Bank System, Inc. (NYSE:CBU), it is important to understand the ownership structure of the business. With 72% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).

And institutional investors endured the highest losses after the company's share price fell by 4.7% last week. The recent loss, which adds to a one-year loss of 15% for stockholders, may not sit well with this group of investors. Often called “market makers”, institutions wield significant power in influencing the price dynamics of any stock. Hence, if weakness in Community Bank System's share price continues, institutional investors may feel compelled to sell the stock, which might not be ideal for individual investors.

In the chart below, we zoom in on the different ownership groups of Community Bank System.