The term activist investor has been floating around Bloomberg and the Wall Street Journal for a while now. Activist investors are turning up the heat in companies all over the market, including Saks Fifth Avenue and Buffalo Wild Wings. What exactly is an activist investor? What do they do and how do they impact your business?
According to Investopedia, "An activist investor is an individual or group that purchases large numbers of a public company's shares and/or tries to obtain seats on the company's board with the goal of effecting a major change in the company."