Cranswick plc's Institutional Ownership: A Closer Look

Cranswick plc's institutional owners, who hold 51% of the company, are likely to benefit from the stock's recent 4.3% increase. The top 17 shareholders own the majority of the company, with The Vanguard Group, Inc. being the largest shareholder at 5.3%. CEO Adam Couch owns 0.5% of the shares. Insiders have been selling shares lately.

Cranswick PLC has reported a significant increase in its institutional ownership, with BlackRock, Inc. now holding 5% of the company's voting rights. This development comes as the stock has experienced a 4.3% rise in recent weeks. The top 17 shareholders collectively own the majority of Cranswick's shares, with The Vanguard Group, Inc. being the largest shareholder at 5.3%.

BlackRock, Inc. has crossed the 5% threshold, which triggers regulatory notifications under the UK's Financial Conduct Authority (FCA) guidelines. The company's regulatory threshold reporting team, led by Jana Blumenstein, has provided detailed information about BlackRock's holdings and the chain of controlled undertakings through which the voting rights are effectively held [1].

Adam Couch, the CEO of Cranswick PLC, holds 0.5% of the shares, while insiders have been observed selling shares recently. The recent stock increase is likely to benefit institutional owners, particularly those with significant stakes like BlackRock and The Vanguard Group, Inc.

References:
[1] https://www.investegate.co.uk/announcement/rns/cranswick--cwk/holding-s-in-company/8863695