SCHEDULE 13G/A: Tieton Capital Management Discloses 6.9% Stake in Geospace Technologies
Beneficial Ownership Report
Tieton Capital Management, LLC has filed an amended Schedule 13G, reporting a 6.9% beneficial ownership stake in Geospace Technologies Corporation as of December 31, 2024.
Summary
- Tieton Capital Management, LLC reported beneficial ownership of 885,687 shares of Geospace Technologies Corporation common stock.
- This ownership represents 6.9% of the total class of securities.
- Tieton Capital Management, LLC holds shared voting power and shared dispositive power over all 885,687 shares.
- The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to a previously reported beneficial ownership.
- 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 Geospace Technologies Corporation.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently suggest a positive or negative sentiment beyond the routine nature of such a filing.
Future Outlook
NA
Industry Context
This Schedule 13G filing indicates a significant, passive investment by an investment adviser in Geospace Technologies Corporation. Such disclosures are routine for institutional investors crossing certain ownership thresholds and provide transparency regarding major shareholders within the industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, which can be viewed as a vote of confidence or interest from a professional investment firm.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership calculation date) |
| 02/11/2025 | Date of filing of this statement |
Keywords
Geospace Technologies Corporation, Tieton Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing
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