Culp (CULP): Ameriprise reports 6.8% stake, 859,145 shares owned
Ameriprise Financial, Inc. and its subsidiary Columbia Management Investment Advisers, LLC filed an amended Schedule 13G reporting beneficial ownership of 6.8% of Culp, Inc. common stock.
Rhea-AI Filing Summary
Ameriprise Financial, Inc. and its subsidiary Columbia Management Investment Advisers, LLC filed an amended Schedule 13G reporting beneficial ownership of 6.8% of Culp, Inc. common stock.
Ameriprise reports 859,145 shares beneficially owned with 859,122 shares shared voting power and 859,145 shares shared dispositive power. Columbia reports 859,122 shares beneficially owned with shared voting and dispositive power over the same amount. The filing states the securities were acquired and are held in the ordinary course of business and not to influence control. The event date is September 30, 2025.
Positive
- None.
Negative
- None.
Insights
Routine 13G/A disclosing a 6.8% passive stake in CULP.
Ameriprise (parent) and Columbia Management (adviser) report beneficial ownership in Culp via a Schedule 13G/A, indicating a passive intent. Ameriprise lists 859,145 shares beneficially owned, with shared voting power over 859,122 and shared dispositive power over 859,145. Columbia reports 859,122 shares with shared voting and dispositive power.
The certification states the holdings are in the ordinary course and not for the purpose of changing or influencing control. Actual market impact depends on portfolio and holder decisions; the filing does not specify any transaction beyond ownership disclosure tied to September 30, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Culp (CULP) does Ameriprise report in the Schedule 13G/A?
What does Columbia Management Investment Advisers report for CULP?
Is the CULP position held to influence control?
What is the event date for this CULP ownership disclosure?
Who signed the Schedule 13G/A filing for Ameriprise/Columbia?
AI-generated analysis. How Rhea-AI works. Not financial advice.