ALYAF.OTC.PinkAlithya Group INC

SCHEDULE: Claret Asset Management Discloses 3.89% Stake in Alithya

Sentiment:

Beneficial Ownership Report (Amendment)


Claret Asset Management Corporation has filed an Amendment No. 8 to Schedule 13G, disclosing a 3.89% beneficial ownership in Alithya Group inc's Class A subordinate voting stock as of December 31, 2025.

Summary

  • Claret Asset Management Corporation (CAMC) reported beneficial ownership of 3,589,055 shares of Alithya Group inc's Class A subordinate voting stock.
  • This ownership represents 3.89% of the Class A subordinate voting stock, based on 92,363,474 shares outstanding as of November 12, 2025.
  • CAMC, an investment adviser based in Quebec, Canada, holds sole voting and dispositive power over all reported shares.
  • The filing is an Amendment No. 8 to a previous Schedule 13G, indicating an update to their ownership position.
  • CAMC certifies 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 Alithya Group inc.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a standard compliance disclosure of a passive ownership stake below the 5% threshold, indicating no intent to influence control, and thus carries no inherent positive or negative sentiment for the issuer.

Positives

  • NA

Negatives

  • NA

Risks

  • NA

Future Outlook

This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance from the issuer or the reporting person regarding future performance or strategy.

Management Comments

  • Claret Asset Management Corporation's Chief Operating Officer / Chief Compliance Officer, Brian Kwok, certified that 'the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ยงยง 240.14a-11.'

Industry Context

StockSavvy.ai notes that this filing is a routine disclosure of an investment adviser's passive stake in a publicly traded company. It does not provide insights into broader industry trends or competitive dynamics, focusing solely on the ownership structure of Alithya Group inc by Claret Asset Management Corporation.

Comparison to Industry Standards

  • NA

Management Changes

RolePrevious PersonNew PersonEffective DateReason

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment

Legal Proceedings

  • NA

Related Party Transactions

  • NA

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant institutional investor's stake, confirming a passive investment approach.
  • Management: Confirms that a notable institutional investor holds a stake without intent to influence control, which can be a sign of confidence in current management.

Next Steps

  • NA

Key Dates

DateDescription
2025-11-12Date as of which the issuer reported 92,363,474 Subordinated Voting Shares issued and outstanding in its Form 6-K.
2025-12-31Date of event which requires the filing of this statement, representing the beneficial ownership reporting date.
2026-02-10Date the Schedule 13G Amendment No. 8 was signed and filed.

Keywords

Alithya Group inc, Claret Asset Management Corporation, Schedule 13G, Beneficial Ownership, Class A subordinate voting stock, Investment Adviser, SEC Filing, Equity Stake

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