Turtle Beach CORP Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
An amendment to a Schedule 13D filing reveals that DC VGA LLC and affiliated entities have sold a substantial number of Turtle Beach Corporation shares in recent open market transactions.
SCHEDULE: Hoak Entities Exit Turtle Beach Stake
Hoak Public Equities, L.P. and associated entities have filed an exit statement, reporting beneficial ownership of less than 5% of Turtle Beach Corp. common stock.
A group of investors led by J. Hale Hoak has disclosed a 5.17% beneficial ownership in Turtle Beach Corp, expressing concerns over the company's persistent undervaluation and stock performance.
A major investor, DC VGA LLC, reduced its stake in Turtle Beach Corporation by selling 1.39 million shares, including a significant buyback by the company.