Published on 12 Oct 2023 on Simply Wall St. via Yahoo Finance
IDT Corporation (NYSE:IDT) has caught the attention of institutional investors who hold a sizeable...
Key Insights
Significantly high institutional ownership implies IDT's stock price is sensitive to their trading actionsA total of 12 investors have a majority stake in the company with 51% ownership Insiders have been selling lately
A look at the shareholders of IDT Corporation (NYSE:IDT) can tell us which group is most powerful. The group holding the most number of shares in the company, around 46% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).