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Las Vegas Sands sees significant institutional and insider ownership

EditorAmbhini Aishwarya
Published 16/11/2023, 09:50 pm
Updated 16/11/2023, 09:50 pm
© Reuters.

Institutional investors hold a substantial portion of Las Vegas Sands Corp. (NYSE:LVS), with 38% of the company's shares, indicating their notable sway in corporate decisions. The top three shareholders, comprising Miriam Adelson, Sheldon G Adelson Family Trust, and The Vanguard Group, Inc., collectively own a majority stake of 54%. Miriam Adelson alone commands 32% of shares, while the family trust holds 18%, and The Vanguard Group possesses 4.3%.

This considerable stake by institutional investors suggests they play a pivotal role in the company's direction and are deeply invested in the stock's performance. Their market moves are closely watched by retail investors, as institutions have access to significant capital resources. Nevertheless, there's always a risk that if institutions concurrently shift their stance on a stock, it could lead to a swift decline in share price.

Insider ownership also paints an interesting picture for Las Vegas Sands, with insiders holding 32% of the company. This level of ownership can be double-edged; it may indicate confidence from leadership who view themselves as true owners, but it also concentrates power within a small group, potentially leading to negative outcomes under certain conditions.

The general public has a stake in the company as well, albeit smaller at 10%, which still gives individual investors some influence. Additionally, private companies own 20% of Las Vegas Sands' stock, which could include related parties or insiders connected to public companies through private entities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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