SCHEDULE: Needham Entities Update Comtech Stake Below 5% Threshold

Needham Investment Management and related entities have filed an amended Schedule 13G, reporting their beneficial ownership in Comtech Telecommunications Corp. common stock is now below the 5% threshold.

Summary

• Needham Investment Management L.L.C., Needham Asset Management, LLC, Needham Aggressive Growth Fund, and George A. Needham jointly filed an Amendment No. 2 to Schedule 13G regarding their beneficial ownership of Comtech Telecommunications Corp. common stock.
• As of December 31, 2025, Needham Investment Management L.L.C., Needham Asset Management, LLC, and George A. Needham each beneficially owned 1,174,300 shares, representing 4.0% of the class.
• Needham Aggressive Growth Fund beneficially owned 1,019,500 shares, representing 3.4% of the class.
• All reported shares for each entity have shared voting and shared dispositive power.
• The securities are directly owned by advisory clients of Needham Investment Management L.L.C., and none of these advisory clients individually beneficially own more than 5% of the Common Stock.
• Needham Investment Management L.L.C. is identified as the relevant entity for which Needham Asset Management, LLC and George A. Needham may be considered control persons.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a standard regulatory disclosure of beneficial ownership and does not contain information related to company performance, strategy, or financial health.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding the issuer's future performance or outlook.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by passive investors who own between 5% and 20% of a company's stock, or who previously held such a stake and are updating their position. This amendment indicates a reduction in individual beneficial ownership below the 5% threshold for the reporting entities, which is a common occurrence as investment positions are adjusted.

Stakeholder Impact

• Shareholders: Provides transparency regarding the ownership structure and changes in significant passive investor positions, confirming that Needham entities now hold less than 5% individually.

Key Dates

Keywords

Comtech Telecommunications, Needham Investment Management, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Management, Asset Management