Can onyone comment on the high institutional ownership....pros and cons
Total Number of Holders 139
% of Shares Outstanding 95.82%
Total Shares Held 71,020,919
Total Value of Holdings 356,525,013
Net Activity 14,324,693
Note that as of 3/31, Black Rock has acquired significant number of shares. Black Rock is the world's largest manager of investment funds.
According IBD, an Important statistic is the number of Institutions holding and whether it is increasing (good) or decreasing (bad).
Hemmerjohn9..what do you think would happen to the outstanding shares when it reaches 100%.? How would they figure a % for individual investors like myself?