Cognyte (CGNT) filing shows Topline fund holding 9.9% stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Cognyte Software Ltd. received a Schedule 13G/A reporting that Topline Capital Partners, LP, advised by Topline Capital Management, LLC, beneficially owns 7,238,153 shares of Cognyte common stock, representing 9.9% of the class as of February 13, 2026.
Topline Capital Management, LLC and individual manager Collin McBirney may be deemed to share voting and dispositive power over these shares through their roles with the fund, but each expressly disclaims beneficial ownership beyond any pecuniary interest. The filing states the position was acquired and is held in the ordinary course of business, not for the purpose of changing or influencing control of Cognyte.
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FAQ
What stake in Cognyte Software Ltd. (CGNT) does Topline report?
Topline Capital Partners, LP reports beneficial ownership of 7,238,153 Cognyte common shares, equal to 9.9% of the outstanding class. This position is disclosed under Schedule 13G/A, indicating a sizable but non-controlling stake held through an investment fund structure.
Who are the reporting persons in this Cognyte (CGNT) Schedule 13G/A?
The reporting persons are Topline Capital Management, LLC, Topline Capital Partners, LP, and individual manager Collin McBirney. The shares are held by the fund, while the management entity and McBirney may be deemed beneficial owners because they can direct voting and disposition of the securities.
Is Topline’s Cognyte (CGNT) position intended to influence control of the company?
The filing states the securities were acquired and are held in the ordinary course of business, not to change or influence control of Cognyte. It also states they are not held in connection with any control-related transaction, other than activities solely tied to a nomination under Rule 240.14a-11.
When does the Topline fund’s 9.9% Cognyte (CGNT) ownership apply?
As of February 13, 2026, the Topline fund beneficially owns 7,238,153 Cognyte common shares, representing 9.9% of the class. The Schedule 13G/A uses this date for the ownership figures disclosed in the detailed beneficial ownership and voting power breakdown.