Wasatch Advisors discloses 4.9% ADUS stake in amended Schedule 13G
Rhea-AI Filing Summary
Wasatch Advisors filed an amended Schedule 13G reporting its beneficial ownership in Addus HomeCare Corp. The firm reports beneficial ownership of 907,501 shares, representing 4.9% of the common stock class.
Wasatch Advisors has sole voting power over 619,613 shares and sole dispositive power over all 907,501 shares. The filing states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Addus HomeCare Corp.
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FAQ
What stake does Wasatch Advisors report in Addus HomeCare Corp (ADUS)?
Wasatch Advisors reports beneficial ownership of 907,501 Addus HomeCare Corp shares, representing 4.9% of the class. This level of ownership makes Wasatch a significant institutional holder while remaining below the 5% threshold often watched for larger influence.
Is Wasatch Advisors seeking to influence control of Addus HomeCare Corp (ADUS)?
The filing states the securities were acquired and are held in the ordinary course of business and not for changing or influencing control of Addus HomeCare Corp. It also notes they are not held in connection with any transaction intended to have that effect.
Why is this Schedule 13G/A filing for ADUS labeled Amendment No. 3?
The document is marked Amendment No. 3, indicating it updates prior Schedule 13G reports for Addus HomeCare Corp. Amendments are typically filed when ownership levels or other required disclosure details change from earlier reported positions.