FMR LLC trims Cavco Industries (CVCO) stake to 3.4% in amended 13G
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson report beneficial ownership of Cavco Industries common stock on an amended Schedule 13G. They disclose beneficial ownership of 263,321.40 shares, representing 3.4% of Cavco’s common stock. FMR LLC reports sole voting power over 262,189 shares and sole dispositive power over 263,321.40 shares. Abigail P. Johnson reports sole dispositive power over the same 263,321.40 shares, with no voting power. The securities are stated to be held in the ordinary course of business and not for the purpose of changing or influencing control of Cavco.
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FAQ
What ownership stake in Cavco Industries (CVCO) does FMR LLC report?
FMR LLC reports beneficial ownership of 263,321.40 shares of Cavco Industries common stock, representing 3.4% of the outstanding class. The firm has sole voting power over 262,189 shares and sole dispositive power over 263,321.40 shares, with no shared powers disclosed.
Is FMR LLC seeking to influence control of Cavco Industries (CVCO)?
The filing states the Cavco Industries securities were acquired and are held in the ordinary course of business. It further certifies they were not acquired and are not held for the purpose or effect of changing or influencing control of Cavco Industries.
Why does FMR LLC file a Schedule 13G/A for Cavco Industries (CVCO)?
FMR LLC files an amended Schedule 13G because it is a reporting person with more than 5 percent or previously higher ownership that now stands at 3.4% beneficial ownership. The form updates Cavco Industries common stock holdings and related voting and dispositive power information.
Who signs the Cavco Industries (CVCO) Schedule 13G/A on behalf of FMR LLC and Abigail Johnson?
The amended Schedule 13G is signed by Stephanie J. Brown on behalf of both FMR LLC and Abigail P. Johnson. She signs as duly authorized under powers of attorney dated January 3, 2023 for FMR LLC and January 26, 2023 for Abigail P. Johnson.