SCHEDULE 13G/A: Renaissance Technologies Discloses 6.69% Stake in Coffee Holding Co., Inc.
Beneficial Ownership Report
Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation have filed an amended Schedule 13G, reporting a beneficial ownership of 6.69% in Coffee Holding Co., Inc. as of December 31, 2024.
Summary
- Renaissance Technologies LLC and its parent, Renaissance Technologies Holdings Corporation, collectively hold 381,964 shares of Coffee Holding Co., Inc. common stock.
- This ownership represents 6.69% of the outstanding common stock of Coffee Holding Co., Inc.
- The filing is an Amendment No. 5 to a Schedule 13G, indicating an update to their previously reported beneficial ownership.
- Both entities, organized in Delaware, exercise sole voting and sole dispositive power over all 381,964 shares.
- 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: 5
Explanation: The document is a factual, routine regulatory filing (Schedule 13G) disclosing beneficial ownership. It does not contain qualitative information that would indicate a positive or negative sentiment regarding the company's performance or prospects.
Positives
- NA
Negatives
- NA
Risks
- The document does not detail specific risks related to Coffee Holding Co., Inc. beyond the inherent risks associated with equity ownership.
Future Outlook
The document is a beneficial ownership disclosure and does not contain any forward-looking statements or guidance regarding Coffee Holding Co., Inc.'s future outlook.
Industry Context
This filing is a routine disclosure of an institutional investor's stake in a publicly traded company. It reflects an investment decision by Renaissance Technologies, a prominent quantitative hedge fund, to maintain or adjust its position in Coffee Holding Co., Inc. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional investor's stake can influence market perception and potentially liquidity for Coffee Holding Co., Inc. shares.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the event which requires the filing of this statement, representing the beneficial ownership reporting date. |
| 02/13/2025 | Date the Schedule 13G Amendment No. 5 was signed and filed by Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation. |
Keywords
Coffee Holding Co. Inc., Renaissance Technologies, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Equity Stake, Investment Adviser
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