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Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.
Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.
About 72.42% of RELL shares are held by financial institutions. BANK OF NEW YORK MELLON CORP is the top corporate investor, holding 127.06K shares valued at $1.17M. A 0.9% stake in Richardson Electronics, Ltd. is owned by the company. ESSEX INVESTMENT MANAGEMENT CO LLC owns 52.52K shares valued at $483.72K, which translates its holding of 0.37% of the stake in the company.
Among the RELL insiders holding of 3.34% of the stake in company, RICHARDSON EDWARD J, Chairman & CEO, holds the largest shares of 2.16M. DIDDELL WENDY, COO, is the second largest RELL insider with ownership of 103.66K shares. BEN ROBERT J, CFO, CAO, Corporate Secretary, stands third with possession of 54.53K shares of that stake.