With 83% ownership, Waste Management, Inc. (NYSE:WM) boasts of strong institutional backing

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Key Insights

  • Given the large stake in the stock by institutions, Waste Management’s stock price might be vulnerable to their trading decisions

  • 50% of the business is held by the top 25 shareholders

  • Insiders have been selling lately

A look at the shareholders of Waste Management, Inc. (NYSE:WM) can tell us which group is most powerful. The group holding the most number of shares in the company, around 83% 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).

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. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.

Let’s delve deeper into each type of owner of Waste Management, beginning with the chart below.

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