Investors report 1.83% PetMed Express (PETS) stake in new Schedule 13D filing
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D
Rhea-AI Filing Summary
PetMed Express, Inc. received a Schedule 13D from Diveroli Investment Group LLC and Kingbird Ventures LLC disclosing a stake in its common stock. The reporting persons beneficially own 391,757 shares, representing 1.83% of PetMed’s outstanding common stock, based on 21,400,495 shares outstanding as of January 30, 2026.
The shares are held in the name of Kingbird Ventures LLC, with Diveroli Investment Group LLC acting as its authorized representative. The investors describe their principal business as investing in public and private companies and state they may buy more or sell shares over time depending on market and company factors, but do not currently have specific plans for corporate changes at PetMed.
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FAQ
What stake in PetMed Express (PETS) is reported in this Schedule 13D?
The filing reports beneficial ownership of 391,757 PetMed Express shares, equal to 1.83% of the company’s common stock. This percentage is calculated using 21,400,495 shares outstanding as of January 30, 2026, as disclosed in PetMed’s Form 10-Q.
Who are the reporting persons in the PetMed Express (PETS) Schedule 13D?
The reporting persons are Diveroli Investment Group LLC and Kingbird Ventures LLC. The shares are held in the name of Kingbird Ventures LLC, while Diveroli Investment Group LLC is identified as its authorized representative. Both entities describe their primary business as investing in public and private companies.
What influence might the reporting persons have on PetMed Express (PETS)?
The filing notes the investors, as significant holders, may have influence over PetMed’s corporate activities. They state they may review their investment and could buy more or sell shares, but currently have no specific plans for mergers, board changes, or other major corporate actions.
How was the 1.83% ownership in PetMed Express (PETS) calculated?
The 1.83% figure is based on 21,400,495 PetMed common shares outstanding as of January 30, 2026. That outstanding share count comes from PetMed’s Form 10-Q for the quarter ended December 31, 2025, filed with the SEC on February 5, 2026.
What is the purpose of the PetMed Express (PETS) Schedule 13D filing?
The Schedule 13D discloses the investors’ ownership and intentions regarding PetMed Express stock. The reporting persons describe using their investment funds to acquire shares and state they may buy more or sell shares depending on company performance, market conditions, and other opportunities.