SCHEDULE: Cooper Creek Partners Reports 5.6% Stake in CoreCivic

Cooper Creek Partners Management LLC has disclosed a 5.6% beneficial ownership stake in CoreCivic, Inc. common stock.

Summary

• Cooper Creek Partners Management LLC, a Delaware-organized investment adviser, reported beneficial ownership of 5,896,605 shares of CoreCivic, Inc. common stock.
• This represents 5.6% of the total class of securities.
• The reporting person holds sole voting power and sole dispositive power over all 5,896,605 shares.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating a previous disclosure of ownership.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of CoreCivic, Inc.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine disclosure of beneficial ownership by an institutional investor with a stated passive intent, providing no new information about the issuer's operational or financial performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance from CoreCivic, Inc. or Cooper Creek Partners Management LLC regarding the issuer's future performance.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard disclosures by institutional investors who acquire more than 5% of a company's stock with a passive investment intent. This filing indicates Cooper Creek Partners Management LLC's continued significant, but passive, interest in CoreCivic, Inc., a company operating in the corrections and detention facilities sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a passive investment approach.

Key Dates

Keywords

CoreCivic, CXW, Cooper Creek Partners Management, Schedule 13G, Beneficial Ownership, Investment Adviser, Common Stock, Institutional Ownership