Wasatch Advisors takes 10.9% position in CTS Corp (CTS) — 3.12M shares
Rhea-AI Filing Summary
CTS Corp ownership filing: institutional investor Wasatch Advisors reports beneficial ownership of 3,121,898 shares of Common Stock, representing 10.9% of the class. The filing states sole voting power for 2,109,334 shares and sole dispositive power for 3,121,898 shares. The amendment is signed on 06/02/2026.
Positive
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Negative
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Insights
Wasatch Advisors reports a >10% stake in CTS Corp.
Wasatch Advisors is disclosed as beneficial owner of 3,121,898 shares, equal to 10.9% of common stock. The filing lists sole dispositive power for the full holding and sole voting power for 2,109,334 shares.
The immediate effect depends on Wasatch's trading or engagement decisions; subsequent filings would show activity or intent. Regulatory thresholds around >10% require disclosure but do not by themselves indicate control.