Needham reports 1,670,550 Precision Optics shares
Needham Aggressive Growth Fund, an investment advisory client of Needham Investment Management LLC, reported ownership of 1,670,550 shares of Precision Optics Corporation common stock as of March 27, 2026.
Rhea-AI Filing Summary
Needham Aggressive Growth Fund, an investment advisory client of Needham Investment Management LLC, reported ownership of 1,670,550 shares of Precision Optics Corporation common stock as of March 27, 2026. The shares may be deemed indirectly beneficially owned by Needham Investment Management LLC and its President and CEO, George A. Needham, who each disclaim beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
NEEDHAM INVESTMENT MANAGEMENT LLC, Needham Aggressive Growth Fund
Role
10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 1,670,550 shares (Direct);
Common Stock, par value $0.01 per share — 1,670,550 shares (Indirect, By: Needham Investment Management L.L.C.)
Footnotes (1)
- F1. The reported securities are directly owned by Needham Aggressive Growth Fund, an investment advisory client of Needham Investment Management, L.L.C. ("NIM"), a Delaware limited liability company that is registered as an investment adviser with the Securities and Exchange Commission, and may be deemed to be indirectly beneficially owned by: (i) NIM; and (ii) George A. Needham as President and CEO of NIM. NIM and George A. Needham disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission that either of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose.
Key Figures
Common stock holdings: 1,670,550 shares
1 metrics
Common stock holdings
1,670,550 shares
Precision Optics common stock as of March 27, 2026
Key Terms
beneficial ownership, pecuniary interests, investment adviser, Section 16, +1 more
5 terms
beneficial ownership financial
"may be deemed to be indirectly beneficially owned by: (i) NIM; and (ii) George A. Needham"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interests financial
"disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein"
investment adviser financial
"a Delaware limited liability company that is registered as an investment adviser with the Securities and Exchange Commission"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
ten percent owner regulatory
"is_ten_percent_owner": 1"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the POCI Form 3 filing by Needham Aggressive Growth Fund disclose?
The Form 3 shows Needham Aggressive Growth Fund holding 1,670,550 shares of Precision Optics common stock. These shares are advisory client assets of Needham Investment Management LLC and establish the fund as a significant, over‑ten‑percent shareholder in the company.
Why is Needham Investment Management LLC a ten percent owner of POCI?
Needham Investment Management LLC is treated as a ten percent owner because its advisory client, Needham Aggressive Growth Fund, holds 1,670,550 Precision Optics shares. This level of ownership triggers Section 16 reporting, requiring the initial Form 3 disclosure of the position.
What does it mean that Needham and George A. Needham disclaim beneficial ownership?
The disclaimer states that Needham Investment Management LLC and George A. Needham do not admit full beneficial ownership of the shares. They acknowledge only their pecuniary interests, clarifying that the securities are primarily owned by the Needham Aggressive Growth Fund client account.
AI-generated analysis. How Rhea-AI works. Not financial advice.
