With 79% ownership of the shares, Palo Alto Networks, Inc. (NASDAQPANW) is heavily dominated by institutional owners
News Source : Yahoo Entertainment
News Summary
- A total of 25 investors have a majority stake in Palo Alto Networks, Inc
- (NASDAQ:PANW) The group that holds the biggest piece of the pie are institutions with 79% ownership
- This can indicate that the company has a certain degree of credibility in the investment community
- However, it is best to be wary of relying on the supposed validation that comes with institutional investors
- If multiple institutions change their view on a stock at the same time, you could see the share price drop fast
- The company's largest shareholder is The Vanguard Group, Inc
- , with ownership of 9
- 5%
- BlackRock, Inc is the second largest shareholder owning 8
- 0%
Significantly high institutional ownership implies Palo Alto Networks stock price is sensitive to their trading actionsA total of 25 investors have a majority stake in the company [+5502 chars]