Who Owns Paramount? Biggest Paramount Stockholders in 2023
The post Who Owns Paramount? Biggest Paramount Stockholders in 2023 appeared on BitcoinEthereumNews.com.
The largest stockholders of Paramount are major media and investment firms, including Berkshire Hathaway, Inc., with a 15.36% stake in the company, and external investors like Vanguard Group, which controls 9.28%, while BlackRock has about 4.42% of Paramount’s shares. The largest individual shareholders include the present CEO, Robert Bakish, with a 0.1108% stake in the company, and the serving Chair of the Board of Directors, who has 0.098% of all Paramount’s shares. The former ViacomCBS, now known as Paramount Global, is a major entertainment and multimedia company based in New York. They are associated with networks such as CBS, Nickelodeon, MTV, and others. In 2022, they changed their name to Paramount Global. In March 2021, after Paramount’s stock reached a high of $97.35, its stock has been on a downward trend to date. Over the past three years, Paramount’s stock price has declined from $97.35 to $11.92. In this article, we are going to examine who owns Paramount Global, who the largest institutional and individual Paramount investors are, and more. Who owns Paramount? A Quick Look at the Top Shareholders The largest share of Paramount stocks is controlled by the largest financial whales, like Berkshire Hathaway, Vanguard, and Blackrock. Another significant portion of Paramount stock is controlled by various mutual funds, with Vanguard’s Total Stock Market Index Fund accounting for the largest share. According to Yahoo Finance, 85.01% of shares are held by institutions, while 5.83% of shares are held by all insiders. In total, there are 610.4 million outstanding Paramount shares, with a combined market value of $7.886 billion (as of November 3, 2023). In the following sections, we are going to examine Paramount’s ownership structure and list the largest Paramount stockholders. Top 10 institutional Owners of Paramount The largest institutions that own Paramount stock control over 85% of…
Filed under: News - @ November 7, 2023 2:24 pm