SCHEDULE 13G/A: Caldwell Sutter Capital and President Joseph Helmer Disclose Significant Stakes in Electro Sensors Inc.
Beneficial Ownership Report
Caldwell Sutter Capital, Inc. and its President, Joseph F. Helmer, have disclosed beneficial ownership of 6.8% and 7.3% respectively, of Electro Sensors Inc.'s common stock as of December 31, 2024.
Summary
- Caldwell Sutter Capital, Inc., a registered broker-dealer and investment advisor, reported beneficial ownership of 232,097 shares of Electro Sensors Inc. common stock, representing 6.8% of the class.
- Joseph F. Helmer, President of Caldwell Sutter Capital, Inc., reported beneficial ownership of 249,025 shares of Electro Sensors Inc. common stock, representing 7.3% of the class.
- Caldwell Sutter's reported shares are primarily held in client advisory accounts, where it has shared dispositive power but no voting power.
- Mr. Helmer's reported shares include 16,928 shares held directly with sole voting and dispositive power, 9,664 shares held by the John & Jinx Helmer Revocable Trust (where he has sole voting and shared dispositive power), and 222,433 shares held in client accounts managed by Caldwell Sutter.
- The ownership percentages are calculated based on 3,428,021 shares of Electro Sensors Inc. Common Stock outstanding as of November 12, 2024, as reported in the Issuer's Quarterly Report on Form 10-Q filed November 13, 2024.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would typically influence sentiment positively or negatively regarding company performance or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of significant ownership by an investment advisor and its president provides transparency regarding institutional interest in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 11/12/2024 | Date as of which 3,428,021 shares of Common Stock outstanding were reported in the Issuer's Quarterly Report on Form 10-Q. |
| 11/13/2024 | Date the Issuer's Quarterly Report on Form 10-Q was filed, reporting shares outstanding. |
| 12/31/2024 | Date of event which requires the filing of this Schedule 13G statement. |
| 02/11/2025 | Date of filing and signature for the Schedule 13G Amendment No. 2. |
Keywords
Electro Sensors Inc., Common Stock, Schedule 13G, Beneficial Ownership, Caldwell Sutter Capital, Joseph F. Helmer, Investment Advisor, Broker Dealer, SEC Filing, Shareholding
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