Alta Fox trims Daktronics stake below 5% threshold
Alta Fox-related entities filed Amendment No. 7 to their Schedule 13D on Daktronics Inc., updating their ownership position.
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Rhea-AI Filing Summary
Alta Fox-related entities filed Amendment No. 7 to their Schedule 13D on Daktronics Inc., updating their ownership position. Alta Fox Opportunities Fund and its related general partners, investment manager, and Connor Haley collectively report beneficial ownership of 2,130,324 common shares, representing approximately 4.41% of Daktronics’ outstanding common stock. This percentage is based on 48,305,826 shares outstanding as of July 20, 2026, as reported in Daktronics’ 2026 definitive proxy statement. The aggregate purchase price for the 2,130,324 shares is approximately $13,206,579, funded from working capital, which may include margin loans, through open-market purchases. As of August 7, 2026, the reporting persons ceased to be beneficial owners of more than 5% of Daktronics’ common stock, so this amendment is characterized as an exit filing and is intended to be the final amendment to their Schedule 13D.
Filing Explained
Alta Fox remains a 4.41% holder but is below the five-percent threshold, making this its final Schedule 13D amendment.
Alta Fox reports that, on
A Schedule 13D discloses ownership above
Key Figures
Key Terms
beneficial owner financial
Schedule 13D regulatory
exit filing regulatory
working capital financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in Daktronics (DAKT) does Alta Fox now report?
Why is this Daktronics (DAKT) Schedule 13D amendment called an exit filing?
Which entities are included in Alta Fox’s Daktronics (DAKT) Schedule 13D group?
AI-generated analysis. How Rhea-AI works. Not financial advice.