Hood River holds 6.76% stake in Lovesac Co
Hood River Capital Management LLC filed an amended beneficial ownership report on Lovesac Co., disclosing holdings of 987,744 shares of common stock.
Rhea-AI Filing Summary
Hood River Capital Management LLC filed an amended beneficial ownership report on Lovesac Co., disclosing holdings of 987,744 shares of common stock. This represents 6.76% of the outstanding class as of the reporting date. Hood River reports no voting power over these shares but has sole power to dispose of them.
The firm certifies that the shares were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Lovesac. The filing is signed by Robert Schmaltz as CCO and COO, reflecting an institutional investment position above the 5% threshold that triggers disclosure.
Positive
- None.
Negative
- None.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Hood River Capital disclose about Lovesac Co (LOVE)?
How large is Hood River Capital’s ownership stake in Lovesac Co (LOVE)?
Why is Hood River Capital’s Lovesac (LOVE) position reported on a Schedule 13G/A?
What is the significance of the 6.76% ownership in Lovesac Co (LOVE)?
Who signed the Hood River Capital ownership report for Lovesac (LOVE)?
AI-generated analysis. How Rhea-AI works. Not financial advice.