Junk Nuke Company Entergy: 86% of Stocks Owned By Institutional Investers

Is this a sign of weakness or strength?

Entergy Corporation (NYSE:ETR)’s stock has been a favorite of “smart money” aka institutions, as of late.  Institutions are currently holders of 86.20% of the shares.  On the other hand, company insiders are holding 0.10%.  Entergy Corporation’s stock price currently sits at $79.25.