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Paradigm Capital reports 2.51M shares of Cerence (CRNC) on behalf of clients

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Cerence Inc. ownership disclosure: Paradigm Capital Management, Inc. reports beneficial ownership of 2,507,276 shares of Cerence common stock, representing 5.55% of the class as of 03/31/2026. The filing states the shares are owned by advisory clients and Paradigm has sole voting and dispositive power over these shares. The report was signed on 05/15/2026.

Positive

  • None.

Negative

  • None.

Insights

Large advisory holding crosses the 5% reporting threshold.

Paradigm Capital Management reports 2,507,276 shares or 5.55% of Cerence common stock as beneficially owned as of 03/31/2026. The filing attributes sole voting and sole dispositive power to the adviser.

Because the filing notes the securities are owned by advisory clients, voting and disposition reflect client-directed advisory mandates; cash‑flow treatment and specific client identities are not disclosed in the excerpt. Subsequent filings may update holdings.

Disclosure aligns with Schedule 13G passive/investor reporting conventions.

The form lists issuer CUSIP 156727109 and includes the reporting person’s address and citizenship. The statement in Item 6 clarifies the shares are owned by advisory clients, consistent with passive reporting for institutional investors.

Watch for any amended filings if Paradigm’s percentage rises above reporting thresholds or if the firm switches to active reporting status; no such change is stated here.

Shares beneficially owned 2,507,276 shares Amount beneficially owned reported in Item 4
Percent of class 5.55% Percent of class reported in Item 4 as of 03/31/2026
CUSIP 156727109 Issuer CUSIP for Cerence common stock
Report signature date 05/15/2026 Signature date by CCO Richard Gimon
Schedule 13G regulatory
"Item 1: Name of issuer: Cerence Inc."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Item 4: Amount beneficially owned: 2507276"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Item 4: (iii) Sole power to dispose or to direct the disposition of: 2507276"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.





156727109

(CUSIP Number)
03/31/2026

(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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



PARADIGM CAPITAL MANAGEMENT INC/NY
Signature:Richard Gimon
Name/Title:CCO
Date:05/15/2026

FAQ

What stake does Paradigm Capital Management report in Cerence (CRNC)?

Paradigm reports beneficial ownership of 2,507,276 shares, equal to 5.55% of Cerence common stock as of 03/31/2026. The filing shows sole voting and dispositive power over these shares.

Are the Cerence shares held directly by Paradigm or on behalf of clients?

The filing states all securities reported are owned by advisory clients of Paradigm Capital Management. Paradigm reports sole voting and dispositive power but indicates ownership is for client accounts.

What CUSIP and filing date are shown in the Schedule 13G for Cerence?

The Schedule 13G lists CUSIP 156727109 and reports holdings "as of" 03/31/2026. The signature on the filing is dated 05/15/2026 by the reporting person’s CCO.

Does the filing show any shared voting power or shared dispositive power?

No. Item 4 reports 0 shares of shared voting power and 0 shares of shared dispositive power; Paradigm reports sole voting and dispositive power for the 2,507,276 shares.

Will this Schedule 13G trigger further disclosure if Paradigm’s stake changes?

If Paradigm’s ownership crosses other regulatory thresholds or the firm’s status changes, amended filings are required. The excerpt does not state any planned amendments or changes in reporting status.