SCHEDULE 13G/A: Cooper Creek Partners Management Discloses 6.3% Stake in CoreCivic, Inc. via Amended SEC Filing

Cooper Creek Partners Management LLC has filed an amended Schedule 13G, revealing a 6.3% beneficial ownership stake in CoreCivic, Inc., held for passive investment purposes.

Summary

• Cooper Creek Partners Management LLC, a Delaware-based investment adviser, has filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in CoreCivic, Inc.
• The filing indicates that Cooper Creek Partners Management LLC beneficially owns 6,841,185 shares of CoreCivic, Inc.'s Common Stock.
• This ownership represents 6.3% of the outstanding class of CoreCivic, Inc. securities.
• The reporting person holds sole voting power and sole dispositive power over all 6,841,185 shares.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of CoreCivic, Inc., as certified under Rule 13d-1(b).

Sentiment

Score: 5

Explanation: The document is a factual, regulatory disclosure of beneficial ownership and does not contain subjective language or forward-looking statements that would indicate a positive or negative sentiment. It is neutral in tone.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of a significant ownership stake by an investment adviser in a company operating in the corrections and detention facilities industry. Such disclosures provide transparency regarding institutional investor positions but do not inherently reflect broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, potentially influencing market perception of institutional interest.

Key Dates

Keywords

CoreCivic Inc., Cooper Creek Partners Management LLC, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Passive Investment, Correctional Facilities, Real Estate