Wasatch Advisors holds 8.8% of Kadant (NYSE: KAI) in Amendment No.10
Rhea-AI Filing Summary
Wasatch Advisors filed Amendment No. 10 to Schedule 13G/A reporting beneficial ownership of 1,038,548 shares of Kadant Inc. Common Stock, representing 8.8% of the class. The filing states Wasatch has sole voting power for 692,850 shares and sole dispositive power for 1,038,548 shares.
The filing is signed by Wasatch's CEO and updates ownership figures as reported on the amendment.
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Insights
Wasatch Advisors reports an 8.8% stake in Kadant, showing a significant passive ownership position.
Wasatch Advisors is disclosed as beneficial owner of 1,038,548 shares with sole dispositive power over that amount. The filing is an ownership disclosure amendment and does not indicate a transaction direction or trading instruction.
Actions to watch include subsequent Schedule 13 filings or amendments for changes in percentage or voting power; timing and any planned dispositions are not stated in the excerpt.