Stocks

Analog Devices Inc (ADI) Activist Update – Activist Investor (13D/13G) Filings for January 16, 2018

There were 30 notable investor filings today. Analog Devices Inc (NASDAQ:ADI) is the largest company of interest.

Get Our Activist Investing Case Study!

Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign up below!

Analog Devices Inc Citrix Systems Inc LyondellBasell Industries NV
Broadmark / Pixabay

JP Morgan Chase & Co has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 18,572,818 shares of Analog Devices, Inc. (NASDAQ:ADI). This represents 5.0 percent ownership of the company. Previously, JP Morgan Chase & Co had reported owning 18,356,510 shares, indicating an increase of 1.18 percent. Analog Devices, Inc. has declared a standard industrial code (sic) of 3674 which is the "Semiconductors and Related Devices" industry.

When a person or group of persons acquires beneficial ownership of more than 5% of a company’s equity securities, they are required to file a Schedule 13D or 13G with the SEC. If these groups intend to influence management into changing the business strategy, they are considered "activist" investors. There is considerable academic research that suggest activist investors contribute to excess returns in equities in the subsequent twelve months after the event.

Investors that acquire 10% or more of a company's shares, or that gain a board seat, are considered insiders by the SEC and are subject to stricter insider trading filing requirements.

New Activist Investor Filings

Investors that acquire more than 5% of the shares of a company and intend to influence management are considered activist investors and must file a 13D.

Skyline Corp. (SKY) - Champion Enterprises Holdings, Llc has filed a new SC 13D, reporting a 17.80% ownership stake in Skyline.

Genesco Inc. (GCO) - Legion Partners Asset Management, LLC has filed a new SC 13D, reporting a 5.19% ownership stake in Genesco.

Inotek Pharmaceuticals Corporation (ITEK) - Rtw Investments, Llc has filed a new SC 13D, reporting a 46.68% ownership stake in Inotek Pharmaceuticals.

New Passive Investor Filings

Investors that acquire more than 5% of the shares of a company but have no intention of influencing management are considered passive investors and must file a 13G.

Celsion Corp. (CLSN) - Intracoastal Capital, Llc has filed a new SC 13G, reporting a 0.40% ownership stake in Celsion. This is an increase of 1,233.33% from their previous filing.

Inotek Pharmaceuticals Corporation (ITEK) - Tang Capital Partners Lp has filed a new SC 13G, reporting a 8.10% ownership stake in Inotek Pharmaceuticals.

BridgePoint Education, Inc. (BPI) - Calm Waters Partnership has filed a new SC 13G, reporting a 5.90% ownership stake in BridgePoint Education.

Ampliphi Biosciences Corp. (APHB) - Empery Asset Management, LP has filed a new SC 13G, reporting a 7.50% ownership stake in Ampliphi Biosciences. This is an increase of 50.30% from their previous filing.

Amended Activist Investor Filings

CRISPR Therapeutics AG (CRSP) - Abingworth LLP has filed an amended Schedule 13D/A, reporting a 4.00% ownership stake in CRISPR Therapeutics. This is a decrease of 24.53% from their previous filing.

Net Element, Inc. (NETE) - Rakishev Kenges has filed an amended Schedule 13D/A, reporting a 7.90% ownership stake in Net Element. This is a decrease of 56.83% from their previous filing.

Kadmon Holdings, Inc. (KDMN) - Goldentree Asset Management Lp has filed an amended Schedule 13D/A, reporting a 6.10% ownership stake in Kadmon Holdings. This is a decrease of 15.28% from their previous filing.

WSI Industries, Inc. (WSCI) - Digital Power Corp has filed an amended Schedule 13D/A, reporting a 8.40% ownership stake in WSI Industries. This is an increase of 8.25% from their previous filing.

Farmer Brothers Co. (FARM) - Farmer Richard F has filed an amended Schedule 13D/A, reporting a 8.10% ownership stake in Farmer Brothers Co.. This is a decrease of 51.79% from their previous filing.

Steven Madden Ltd. (SHOO) - Madden Steven has filed an amended Schedule 13D/A, reporting a 7.52% ownership stake in Steven Madden. This is a decrease of 15.32% from their previous filing.

Insignia Systems, Inc. (ISIG) - Air T Inc has filed an amended Schedule 13D/A, reporting a 16.30% ownership stake in Insignia Systems. This is an increase of 7.59% from their previous filing.

Blackhawk Network Holdings, Inc. (HAWK) - P2 Capital Partners, LLC has filed an amended Schedule 13D/A, reporting a 5.40% ownership stake in Blackhawk Network Holdings. This is an increase of 1.89% from their previous filing.

Arbutus Biopharma Corporation (ABUS) - Svf Investments (uk) Ltd has filed an amended Schedule 13D/A, reporting an updated ownership stake in Arbutus Biopharma.

Arbutus Biopharma Corporation (ABUS) - QVT Financial LP has filed an amended Schedule 13D/A, reporting an updated ownership stake in Arbutus Biopharma.

Chefs' Warehouse, Inc. (CHEF) - Legion Partners Asset Management, LLC has filed an amended Schedule 13D/A, reporting a 6.00% ownership stake in Chefs' Warehouse. This is an increase of 1.69% from their previous filing.

InfraREIT, Inc. (HIFR) - Hunt Consolidated, Inc. has filed an amended Schedule 13D/A, reporting a 26.40% ownership stake in InfraREIT. This is a decrease of 0.38% from their previous filing.

Iteris, Inc. (ITI) - Fundamental Global Investors, LLC has filed an amended Schedule 13D/A, reporting a 2.80% ownership stake in Iteris. This is a decrease of 48.15% from their previous filing.

Amended Passive Investor Filings

Sears Holdings Corp. (SHLD) - Fairholme Capital Management Llc has filed an amended Schedule 13D/A, reporting a 19.80% ownership stake in Sears Holdings. This is a decrease of 2.46% from their previous filing.

Flanigan's Enterprises, Inc. (BDL) - Politano Jonathan has filed an amended Schedule 13D/A, reporting a 8.40% ownership stake in Flanigan's Enterprises. This is an increase of 2.44% from their previous filing.

AMC Entertainment Holdings, Inc. (AMC) - Monterey Capital III S.a r.l. has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in AMC Entertainment Holdings. This is a decrease of 100.00% from their previous filing.

NewLink Genetics Corp (NLNK) - Integrated Core Strategies (us) Llc has filed an amended Schedule 13D/A, reporting a 4.80% ownership stake in NewLink Genetics. This is a decrease of 17.24% from their previous filing.

Bellicum Pharmaceuticals, Inc. (BLCM) - JP Morgan Chase & Co has filed an amended Schedule 13D/A, reporting a 7.00% ownership stake in Bellicum Pharmaceuticals. This is a decrease of 10.26% from their previous filing.

Barrett Business Services, Inc. (BBSI) - JP Morgan Chase & Co has filed an amended Schedule 13D/A, reporting a 8.40% ownership stake in Barrett Business Services. This is a decrease of 17.65% from their previous filing.

Analog Devices, Inc. (ADI) - JP Morgan Chase & Co has filed an amended Schedule 13D/A, reporting a 5.00% ownership stake in Analog Devices. This is a decrease of 15.25% from their previous filing.

ArcBest Corp, (ARCB) - JP Morgan Chase & Co has filed an amended Schedule 13D/A, reporting a 7.00% ownership stake in ArcBest Corp. This is a decrease of 7.89% from their previous filing.

Arrow Electronics, Inc. (ARW) - JP Morgan Chase & Co has filed an amended Schedule 13D/A, reporting a 6.10% ownership stake in Arrow Electronics. This is a decrease of 18.67% from their previous filing.

Axsome Therapeutics, Inc. (AXSM) - JP Morgan Chase & Co has filed an amended Schedule 13D/A, reporting a 5.60% ownership stake in Axsome Therapeutics. This is a decrease of 31.71% from their previous filing.

Fintel provides free investor tools for data driven investors. See all new activist filings at Fintel.io/activists and new 13F filings at Fintel.io/latest-13f-filings.