Posted 12/17/2023, 12:51:38 PM
Private Companies and Institutions Control Majority Stake in Ferroglobe, While Hedge Funds Look to Influence Share Price
- Private companies own the largest stake (41%) in Ferroglobe PLC and stand to gain or lose the most from changes in the share price
- Institutional investors own 34% of the company, indicating it has some credibility and inclusion in major indices
- The top 3 shareholders (private companies & institutions) own a majority 54% stake and can influence business decisions
- Hedge funds own a notable 13% share and may look for catalysts to drive the share price up
- Insider ownership is low at under 1%, but board members have a small stake worth $4 million