With 50% ownership, Endeavour Mining plc (TSE:EDV) boasts of strong institutional backing

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Key Insights

  • Significantly high institutional ownership implies Endeavour Mining’s stock price is sensitive to their trading actions
  • A total of 6 investors have a majority stake in the company with 52% ownership
  • Recent purchases by insiders

To get a sense of who is truly in control of Endeavour Mining plc (TSE:EDV), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 50% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait.

Let’s delve deeper into each type of…

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