It’s worth keeping an eye on the split between institutions, which can include fund management houses and hedge funds retail shareholders and company insiders. Most companies will have a variety of investors, ranging from individuals buying a few shares to global institutions with multi-million dollar stakes. It’s very important to know who owns a company’s shares as this can influence how it is run and the performance of its stock price. Lumen has 1,450 institutional owners and shareholders that have filed 13D/G or 13F forms with the US Securities Exchange Commission ( SEC), according to Fintel.īut does it matter who are Lumen shareholders? Well, yes. The company is 78.95% owned by institutional shareholders, 12.15% by insiders and 8.89% retail investors, according to WallStreetZen. Let’s look at who the shareholders of Lumen are. It has not been a great year for Lumen shareholders, with the stock price down 54% year-to-date ( YTD), from $12.70 in early January to $5.88 as market close on 23 November 2022.Īs of 24 November, the company’s trailing returns over the past three years stand at -15.98, compared to the -2.19 for the telecom services industry, according to Morningstar data. Try demo How has the share price performed? It then changed to CenturyTel and CenturyLink before being renamed Lumen in September 2020. It was called Century Telephone when it listed on the New York Stock Exchange ( NYSE) on 24 October 1978. The company, whose origins date back to 1930, is one of the largest telecommunications carriers in the US, having undergone various mergers and acquisitions ( M&As) over the years. These include colocation and data centre services, and data transportation, as well as broadband and phone services across 37 states. Lumen is a multinational technology company that helps businesses capitalise on emerging applications and power the so-called fourth industrial revolution. The US firm’s third quarter results were also disappointing, with stock market analysts highlighting how revenue declines remained steep.īut what does this mean for LUMN shareholders? Will better days be ahead for the business or are these challenging times set to continue? In this piece we examine the company’s background, reveal what analysts are expecting, and look at who are the current shareholders of Lumen.

Should i buy lumen technologies stock