Independent Bank Corp. (NASDAQ:INDB) is favoured by institutional owners who hold 82% of the company

By Yahoo! Finance | Jun 13, 2024 at 12:49 PM EST

High institutional ownership in Independent Bank Corp. means their stock price is influenced by institutional trading. Institutional investors hold 82% ownership, impacting stock performance. Different shareholder groups, like BlackRock, Inc., play a significant role in the company's decisions.

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