[SCHEDULE 13G] CEVA Inc. SEC Filing

Rhea-AI Filing Summary

Morgan Stanley has filed a Schedule 13G reporting a 6.7 % beneficial ownership in CEVA Inc. (NASDAQ: CEVA) as of 30 June 2025. The firm holds 1,609,575 common shares (CUSIP 157210105). Voting and dispositive authority are entirely shared—0 shares are held with sole power, while 1,607,146 shares carry shared voting rights and 1,609,575 have shared dispositive rights. The filing is made under Rule 13d-1(b), classifying Morgan Stanley as a parent holding company/control person and indicating the stake is passive and acquired in the ordinary course of business.

Issuer headquarters: 15245 Shady Grove Rd., Rockville, MD. Reporting person headquarters: 1585 Broadway, New York, NY. Certification confirms no intent to influence control, nominate directors, or pursue activist activity. The disclosure primarily enhances transparency into CEVA’s shareholder base rather than signaling operational or strategic changes.

Positive

• Institutional validation: A major global financial institution now discloses a 6.7 % stake, underscoring professional investor interest in CEVA.

Negative

• Limited catalyst: Filing is passive (13G), providing no indication of strategic initiatives or activism that could immediately unlock value.

Insights

Equity Analyst

TL;DR: 6.7 % Morgan Stanley stake shows institutional confidence but is passive, so price impact should be modest.

The filing reveals Morgan Stanley holds 1.61 m CEVA shares, crossing the 5 % threshold that mandates disclosure. Because the Schedule 13G (not 13D) is filed under Rule 13d-1(b), the bank signals no activist intent. Passive institutional holdings can improve liquidity, broaden analyst coverage, and support valuation multiples, yet they rarely drive immediate catalysts. With no earnings data or guidance included, the filing does not alter the fundamental thesis on CEVA; it simply updates the ownership ledger.

Corporate Governance Specialist

TL;DR: Ownership transparency increases, governance impact minimal—stake is passive and lacks control intent.

By certifying ordinary-course acquisition and shared voting/dispositive powers, Morgan Stanley distances itself from influencing board composition or strategic direction. Such filings help investors assess potential voting blocs ahead of proxy season, but a 6.7 % passive stake typically does not sway outcomes unless aligned with other large holders. Therefore, governance risk or opportunity remains largely unchanged.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

CEVA INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

157210105

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 157210105

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,607,146.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,609,575.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,609,575.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.7 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CEVA INC
(b)	Address of issuer's principal executive offices: 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE, MD, 20850
Item 2.
(a)	Name of person filing: Morgan Stanley
(b)	Address or principal business office or, if none, residence: 1585 Broadway, New York, NY 10036
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 157210105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 6.7 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Christopher O'Hara
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	08/07/2025

FAQ

How many CEVA shares does Morgan Stanley own?

Morgan Stanley reports beneficial ownership of 1,609,575 CEVA common shares.

What percentage of CEVA's outstanding stock does this represent?

The stake represents 6.7 % of CEVA’s outstanding common shares.

Is Morgan Stanley seeking control of CEVA?

No. The Schedule 13G and accompanying certification state the shares were acquired in the ordinary course, without intent to influence control.

Does Morgan Stanley have sole voting power over the shares?

No. The firm reports 0 shares with sole voting power; all voting authority is shared on 1,607,146 shares.

Why was the filing required?

SEC rules require a Schedule 13G when any holder acquires more than 5 % of a class of registered equity securities.