Wasatch Advisors reports 7.8% stake in CTS Corp
Wasatch Advisors filed an amended Schedule 13G reporting its beneficial ownership in CTS Corp. It reports holding 2,262,448 shares, representing 7.8% of the company’s common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Wasatch Advisors filed an amended Schedule 13G reporting its beneficial ownership in CTS Corp. It reports holding 2,262,448 shares, representing 7.8% of the company’s common stock. Wasatch has sole voting power over 1,538,275 shares and sole dispositive power over all 2,262,448 shares.
The firm states the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of CTS Corp.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Is Wasatch Advisors seeking to influence control of CTS Corp with this stake?
What type of filing did Wasatch Advisors submit for its CTS Corp holdings?
Who signed the Wasatch Advisors Schedule 13G/A for CTS Corp?
AI-generated analysis. How Rhea-AI works. Not financial advice.