Raymond James reports 5.6% stake in Energous Corp
Energous Corp ownership disclosure: Raymond James Financial Services Advisors reports beneficial ownership of 122,068 shares of Energous Corp common stock, representing 5.6% of the class as reported.
Rhea-AI Filing Summary
Energous Corp ownership disclosure: Raymond James Financial Services Advisors reports beneficial ownership of 122,068 shares of Energous Corp common stock, representing 5.6% of the class as reported. The filer states sole dispositive power for 122,068 shares and no voting power. The filing is signed by an operations manager.
Positive
- None.
Negative
- None.
Insights
Passive holder reports a 5.6% stake with dispositive control but no voting power.
Raymond James Financial Services Advisors reports beneficial ownership of 122,068 shares (5.6%) and indicates sole dispositive power while reporting zero sole or shared voting power. This pattern is consistent with an investment adviser holding shares on behalf of clients where voting authority may be retained by clients or delegated elsewhere.
Impact is routine: this filing notifies markets of a mid‑single‑digit stake. Subsequent filings could clarify voting arrangements or changes in percentage; timing and cash‑flow treatment are not specified in the excerpt.
Key Figures
Key Terms
Schedule 13G regulatory
beneficially owned financial
sole dispositive power financial
CUSIP technical
FAQ
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What stake does Raymond James report in Energous Corp (WATT)?
Who filed the Schedule 13G for WATT and when was it signed?
What does 5.6% ownership of WATT imply for investors?
AI-generated analysis. How Rhea-AI works. Not financial advice.