SCHEDULE: Granahan Investment Management Adjusts Digital Turbine Stake

Granahan Investment Management LLC has filed an amendment to its Schedule 13G, reporting a change in its beneficial ownership of Digital Turbine, Inc. common stock.

Summary

• Granahan Investment Management LLC has filed an amendment (Amendment No. 1) to its Schedule 13G filing.
• The filing reports on the beneficial ownership of Digital Turbine, Inc. common stock.
• As of June 30, 2026, Granahan Investment Management LLC beneficially owns 3,494,200 shares of Digital Turbine, Inc. common stock.
• This represents 2.9% of the class of securities.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports a change in beneficial ownership percentage and does not contain operational or financial performance updates.

Positives

• Granahan Investment Management LLC continues to hold a significant stake in Digital Turbine, Inc., indicating ongoing confidence.
• The filing confirms that the shares are held in the ordinary course of business, suggesting a standard investment approach rather than a hostile takeover attempt.

Negatives

• The filing does not provide specific details on the exact nature of the change in beneficial ownership (e.g., increase or decrease) from a previous filing, only the current state.
• No operational or financial performance data is included in this filing.

Risks

• The filing does not explicitly mention any new risks. However, any investment carries inherent market risks.
• Changes in beneficial ownership, even if routine, can sometimes precede shifts in company strategy or influence, which could be a future risk if not managed transparently.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding future performance or strategy.

Management Comments

• "All of the Shares set forth in Item 4 are owned by various investment advisory clients of Granahan Investment Management LLC, which is deemed to be a beneficial owner of those shares pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, due to its discretionary power to make investment decisions over such shares and/or its ability to vote such shares."
• "By signing below I certify that, to the best of my knowledge and belief, 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."
• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and indicate changes in significant shareholdings. This filing by Granahan Investment Management LLC is a routine disclosure within the technology sector where Digital Turbine operates, reflecting typical investor activity.

Stakeholder Impact

• Shareholders: The change in beneficial ownership percentage, while minor, may be of interest to other shareholders as it indicates continued institutional investment.
• Management: The filing confirms that the investment is not intended to influence control, which is a standard assurance for institutional investors.
• Regulators: The filing ensures compliance with SEC disclosure requirements.

Next Steps

• Granahan Investment Management LLC will continue to monitor its investment in Digital Turbine, Inc. and may adjust its holdings based on market conditions and investment strategy.
• Future filings will be made as required by SEC regulations if beneficial ownership changes significantly.

Key Dates

Keywords

Digital Turbine, Granahan Investment Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management