Diana Shipping Inc.’s (NYSE:DSX) stock price dropped 13% last week; retail investors would not be happy
Key Insights
- The considerable ownership by retail investors in Diana Shipping indicates that they collectively have a greater say in management and business strategy
- The top 6 shareholders own 51% of the company
- 26% of Diana Shipping is held by insiders
To get a sense of who is truly in control of Diana Shipping Inc. (NYSE:DSX), it is important to understand the ownership structure of the business. We can see that retail investors own the lion’s share in the company with 43% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
While insiders who own 26% came under pressure after market cap dropped to US$255m last week,retail investors took the most losses. …
