SCHEDULE 13G/A: Wasatch Advisors LP Discloses 6.9% Stake in Addus HomeCare Corp

Wasatch Advisors LP has filed an amended Schedule 13G, reporting a beneficial ownership of 6.9% of Addus HomeCare Corp's common stock as of March 31, 2025.

Summary

• Wasatch Advisors LP, an investment adviser, reported beneficial ownership of 1,245,535 shares of Addus HomeCare Corp common stock.
• This stake represents 6.9% of the total outstanding common stock of Addus HomeCare Corp.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported beneficial ownership.
• Wasatch Advisors LP holds sole voting power over 925,333 shares and sole dispositive power over all 1,245,535 shares.
• The reporting person certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: The disclosure of a significant institutional stake by an investment adviser is generally viewed as a positive signal of confidence in the company's prospects, although the filing itself is purely factual and not a performance report.

Positives

• The disclosure of a significant institutional stake by an investment adviser like Wasatch Advisors LP can be viewed positively by the market, signaling confidence in the company's prospects.
• The certification that shares are held in the ordinary course of business suggests a long-term investment perspective rather than an activist or control-oriented stance.

Future Outlook

NA

Industry Context

This filing reflects an institutional investor's position in the home healthcare services sector, a growing segment within the broader healthcare industry driven by an aging population and preference for in-home care. Increased institutional interest can signal perceived stability or growth potential within this specific market.

Stakeholder Impact

• Shareholders may view the increased institutional ownership as a positive indicator of investor confidence and potential stability in the stock.

Key Dates

Recommendation

Keywords

Addus HomeCare Corp, Wasatch Advisors LP, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Investment Adviser, Healthcare Services, Home Care