AllianceBernstein (PRCT) discloses 147,327 shares; 0.3% stake reported
Rhea-AI Filing Summary
AllianceBernstein L.P. amended its Schedule 13G to report 147,327 shares of PROCEPT BioRobotics Corp Common Stock held in discretionary client accounts. The filing states AllianceBernstein has sole voting power for 146,027 shares and sole dispositive power for 147,327 shares, representing 0.3% of the class. The amendment is signed on 05/15/2026.
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Insights
Large asset manager reports a small passive stake in PROCEPT (0.3%).
AllianceBernstein discloses 147,327 shares held for discretionary client accounts, with 146,027 shares subject to sole voting power. The filing is an amended Schedule 13G/A, indicating a passive investor reporting change rather than an active strategic stake.
Cash‑flow treatment and intent beyond passive investment are not stated; subsequent filings would show any material change in ownership or voting intent.
Amendment clarifies beneficial ownership and voting/dispositive authorities.
The filing attributes beneficial ownership to AllianceBernstein L.P. and notes its corporate relationship to Equitable Holdings, Inc.; AllianceBernstein reports independent management and separate beneficial‑ownership reporting. The Schedule 13G/A form and the signatures comply with passive investor disclosure rules.
Materiality is limited by the 0.3% stake; any change above the 5% threshold would trigger different reporting obligations.