There were 30 notable investor filings today. HTG Molecular Diagnostics, Inc. (NYSE:HTGM) is the most notable.
Stonepine Capital Management, LLC has filed an SC 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 1,450,000 shares of HTG Molecular Diagnostics, Inc. (NASDAQ:HTGM). This represents 5.6 percent ownership of the company. HTG Molecular Diagnostics, Inc. has declared a standard industrial code (sic) of 3826 which is the “Laboratory Analytical Instruments” 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.
Novan, Inc. (NOVN) – Reedy Creek Investments Llc has filed a new SC 13D, reporting a 26.40% ownership stake in Novan.
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.
Klondex Mines Ltd. (KLDX) – Waterton Mining Parallel Fund Offshore Master, Lp has filed a new SC 13G, reporting a 8.48% ownership stake in Klondex Mines.
National American University Holdings, Inc. (NAUH) – Camden Partners Iii Spv, L.p. has filed a new SC 13G, reporting a 9.00% ownership stake in National American University Holdings.
HTG Molecular Diagnostics, Inc. (HTGM) – Stonepine Capital Management, LLC has filed a new SC 13G, reporting a 5.60% ownership stake in HTG Molecular Diagnostics.
Kulicke and Soffa Industries Inc. (KLIC) – Royce & Associates LLC has filed a new SC 13G, reporting a 5.14% ownership stake in Kulicke and Soffa Industries.
Libbey, Inc. (LBY) – Royce & Associates LLC has filed a new SC 13G, reporting a 5.02% ownership stake in Libbey.
Mirati Therapeutics, Inc. (MRTX) – Cormorant Asset Management, LLC has filed a new SC 13G, reporting a 5.12% ownership stake in Mirati Therapeutics.
Aldeyra Therapeutics,Inc. (ALDX) – 683 Capital Management, LLC has filed a new SC 13G, reporting a 5.20% ownership stake in Aldeyra Therapeutics.
MidWestOne Financial Group, Inc. (MOFG) – Royce & Associates LLC has filed a new SC 13G, reporting a 5.36% ownership stake in MidWestOne Financial Group.
NII Holdings, Inc. (NIHD) – Exile Advantage Fund Lp has filed a new SC 13G, reporting a 9.85% ownership stake in NII Holdings.
Gencor Industries, Inc. (GENC) – Royce & Associates LLC has filed a new SC 13G, reporting a 7.37% ownership stake in Gencor Industries.
Oil States International, Inc. (OIS) – Geodynamics B.v. has filed a new SC 13G, reporting a 14.50% ownership stake in Oil States International.
Independence Contract Drilling Inc (ICD) – Royce & Associates LLC has filed a new SC 13G, reporting a 5.11% ownership stake in Independence Contract Drilling.
Cooper Tire & Rubber Co. (CTB) – Royce & Associates LLC has filed a new SC 13G, reporting a 5.14% ownership stake in Cooper Tire & Rubber Co..
CyberOptics Corp. (CYBE) – Royce & Associates LLC has filed a new SC 13G, reporting a 9.64% ownership stake in CyberOptics.
IRIDEX Corp. (IRIX) – Blueline Partners, L.l.c. has filed a new SC 13G, reporting a 8.50% ownership stake in IRIDEX.
Summit Materials, Inc. (SUM) – Prudential Financial Inc has filed a new SC 13G, reporting a 5.30% ownership stake in Summit Materials. This is an increase of 6.00% from their previous filing.
Celladon Corporation (CLDN) – Prudential Financial Inc has filed a new SC 13G, reporting a 5.80% ownership stake in Celladon.
Marinus Pharmaceuticals, Inc. (MRNS) – Prudential Financial Inc has filed a new SC 13G, reporting a 6.70% ownership stake in Marinus Pharmaceuticals.
Ormat Technologies, Inc. (ORA) – Migdal Insurance & Financial Holdings Ltd. has filed a new SC 13G, reporting a 8.13% ownership stake in Ormat Technologies. This is a decrease of 17.80% from their previous filing.
Amended Activist Investor Filings
BeiGene, Ltd. (BGNE) – Baker Brothers Advisors LP has filed an amended Schedule 13D/A, reporting a 22.40% ownership stake in BeiGene. This is a decrease of 5.08% from their previous filing.
SunLink Health Systems, Inc. (SSY) – Thornton Robert M Jr has filed an amended Schedule 13D/A, reporting a 10.00% ownership stake in SunLink Health Systems.
Eclipse Resources Corp. (ECR) – Encap Energy Capital Fund VIII, L.P. has filed an amended Schedule 13D/A, reporting a 70.10% ownership stake in Eclipse Resources.
United States Diesel Heating Oil Fund (UHN) – Counsel Portfolio Services Inc. has filed an amended Schedule 13D/A, reporting a 38.62% ownership stake in United States Diesel Heating Oil Fund. This is an increase of 4.42% from their previous filing.
Insignia Systems, Inc. (ISIG) – Air T Inc has filed an amended Schedule 13D/A, reporting a 26.27% ownership stake in Insignia Systems. This is an increase of 61.17% from their previous filing.
Spectra Energy Partners LP (SEP) – Enbridge Inc has filed an amended Schedule 13D/A, reporting a 83.11% ownership stake in Spectra Energy Partners. This is an increase of 12.46% from their previous filing.
National American University Holdings, Inc. (NAUH) – Warnock David L has filed an amended Schedule 13D/A, reporting a 9.00% ownership stake in National American University Holdings.
I.D. Systems, Inc. (IDSY) – Emancipation Management LLC has filed an amended Schedule 13D/A, reporting an updated ownership stake in I.D. Systems.
Tile Shop Holdings, Inc. (TTS) – Nabron International Inc. has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in Tile Shop Holdings. This is a decrease of 100.00% from their previous filing.
Liberty Media Corporation (BATRA) – Gamco Investors, Inc. Et Al has filed an amended Schedule 13D/A, reporting a 8.62% ownership stake in Liberty Media. This is an increase of 10.09% 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.
