Published on 11 Nov 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Significantly high institutional ownership implies Phoenix Group Holdings' stock price is sensitive to their trading actions50% of the business is held by the top 8 shareholders Insiders have been buying lately
Every investor in Phoenix Group Holdings plc (LON:PHNX) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 84% ownership. Put another way, the group faces the maximum upside potential (or downside risk).