SCHEDULE: Goldman Sachs Amends Cross Country Healthcare Stake
Beneficial Ownership Report
Goldman Sachs Group and its affiliate updated their beneficial ownership in Cross Country Healthcare, Inc., reporting a 5.8% stake.
Summary
- The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC filed an Amendment No. 1 to their Schedule 13G.
- Beneficial ownership of 1,887,473.57 shares of Cross Country Healthcare, Inc. Common Stock is reported.
- This stake represents 5.8% of the issuer's class of securities.
- Shares are held with shared voting power of 1,887,051.57 and shared dispositive power of 1,887,473.57.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a neutral, factual disclosure of beneficial ownership, explicitly stating the shares are held in the ordinary course of business without intent to influence control.
Positives
- NA
Negatives
- NA
Risks
- The reporting persons explicitly state that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Future Outlook
NA
Management Comments
- 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 §§ 240.14a-11.
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming it is for investment purposes rather than control.
Key Dates
| Date | Description |
|---|---|
| 2024-07-29 | Superseded Power of Attorney granted by The Goldman Sachs Group, Inc. |
| 2024-10-01 | Superseded Power of Attorney granted by Goldman Sachs & Co. LLC. |
| 2025-06-30 | Date of event which requires filing of this statement. |
| 2025-07-16 | Date of new Power of Attorney issuance by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC, effective until July 16, 2026. |
| 2025-07-17 | Date of filing of this Schedule 13G Amendment No. 1. |
| 2026-07-16 | Expiration date of the current Power of Attorney. |
Keywords
Cross Country Healthcare, Goldman Sachs, Beneficial Ownership, Schedule 13G, Healthcare Staffing, Investment, Institutional Ownership, Common Stock
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