Artisan Partners discloses 5.8% Kornit Digital (KRNT) ownership stake
Rhea-AI Filing Summary
Artisan Partners has disclosed a significant holding in Kornit Digital Ltd. ordinary shares. The Artisan entities report beneficial ownership of 2,647,804 shares, representing 5.8% of the class, based on 45,327,503 shares outstanding as of 02/28/2025.
They report shared voting power over 2,345,989 shares and shared dispositive power over 2,647,804 shares, with no sole voting or dispositive power. The shares were acquired on behalf of discretionary clients of Artisan Partners Limited Partnership, and the filers state they hold the position in the ordinary course of business without any intent to influence control of Kornit Digital.
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FAQ
What stake does Artisan Partners report in Kornit Digital (KRNT)?
Artisan entities report beneficial ownership of 2,647,804 Kornit Digital ordinary shares, representing 5.8% of the outstanding class. This percentage is based on 45,327,503 shares outstanding as of 02/28/2025 as disclosed in the ownership filing.
Who are the reporting persons in the Kornit Digital (KRNT) Schedule 13G?
The filing lists Artisan Partners Asset Management Inc., Artisan Partners Holdings LP, Artisan Investments GP LLC, and Artisan Partners Limited Partnership as reporting persons, all organized in Delaware and related through a parent holding and general partner structure.
How much voting and dispositive power does Artisan have over Kornit Digital (KRNT) shares?
The reporting group has no sole voting or dispositive power. They disclose shared voting power over 2,345,989 shares and shared dispositive power over 2,647,804 shares, reflecting coordinated control across the related Artisan entities.
Are Artisan Partners’ Kornit Digital (KRNT) shares held for clients or the firm itself?
The filing states the reported shares were acquired on behalf of discretionary clients of Artisan Partners Limited Partnership. Those clients receive dividends and sale proceeds, and, to the filers’ knowledge, none holds more than 5% of the class.
Is Artisan Partners seeking control of Kornit Digital (KRNT) with this 5.8% position?
No. The certification explains the shares were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Kornit Digital, consistent with a passive Schedule 13G filing.
What type of filer is Artisan Partners in this Kornit Digital (KRNT) 13G?
Artisan Partners Limited Partnership is identified as an investment adviser registered under the Investment Advisers Act of 1940, while the other Artisan entities are described as parent holding and control persons in the ownership chain.