A look at the shareholders of Clean Energy Fuels Corp. (NASDAQ:CLNE) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 46% ownership. Put another way, the group faces the maximum upside potential (or downside risk). As a result, institutional investors endured the highest losses last week after market cap fell by US$213m. The recent loss, which adds to a one-year loss of 35% for stockholders, may not sit well with this group of investors. Also referred to as “smart money”, institutions have a lot of sway over how a stock’s price moves. Hence, if weakness in Clean Energy Fuels’ share price continues, institutional investors may feel compelled to sell the stock, which might not be ideal for individual investors. Let’s take a closer look to see what the different types of shareholders can tell us about…
In the wake of Clean Energy Fuels Corp.’s (NASDAQ:CLNE) latest US$213m market cap drop, institutional owners may be forced to take severe actions
