Earnest Partners files 6.6% ownership filing for Daktronics (DAKT)
Rhea-AI Filing Summary
Daktronics Inc. (DAKT) Schedule 13G: investment adviser Earnest Partners, LLC reports beneficial ownership of 3,190,377 shares, representing 6.6% of the outstanding common stock as of the filing. The filing lists sole voting power of 2,044,850 shares and shared voting power of 310,237.
The filing is signed by Chief Compliance Officer James M. Wilson on 05/13/2026 and states Earnest Partners is filing as an investment adviser under the applicable rule.
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Insights
Earnest Partners reports a 6.6% stake in Daktronics, showing a meaningful institutional holding.
Earnest Partners, filing as an investment adviser, discloses 3,190,377 shares (6.6%) beneficially owned. The filing also specifies voting breakdown: 2,044,850 sole votes and 310,237 shared votes, which clarifies control dynamics.
Timing is anchored by the signature date of 05/13/2026. Subsequent filings would show any change; cash‑flow treatment and client identities are not disclosed in this excerpt.
The Schedule 13G indicates passive/investment‑adviser reporting rather than an activist intent.
The filer states it is filing under the investment adviser provision; the schedule does not assert control or an intent to influence management. The form lists disclosure items required for beneficial ownership and voting power.
Because the filing notes no single client holds >5%, the stake is shown as aggregated adviser holdings. Future Section 13 filings would be required if the holder changes intent or ownership thresholds.