SCHEDULE 13G/A: Hood River Capital Management Discloses 3.16% Passive Stake in i3 Verticals, Inc.

Hood River Capital Management LLC has filed an amended Schedule 13G, reporting a 3.16% beneficial ownership stake in i3 Verticals, Inc. common stock as of December 31, 2024.

Summary

• Hood River Capital Management LLC, an investment adviser based in Palm Beach Gardens, FL, has filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in i3 Verticals, Inc.
• As of December 31, 2024, Hood River Capital Management LLC beneficially owns 743,705 shares of i3 Verticals, Inc. Common Stock.
• This ownership represents 3.16% of the total class of securities.
• The filing indicates that Hood River Capital Management LLC holds sole dispositive power over all 743,705 shares, with no sole or shared voting power.
• 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 routine regulatory filing disclosing beneficial ownership and does not contain information that would inherently suggest positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a routine disclosure by an institutional investment manager, Hood River Capital Management LLC, indicating its passive ownership stake in i3 Verticals, Inc. within the financial technology and payment processing industry. Such filings provide transparency regarding significant institutional holdings but do not typically reflect strategic industry shifts or competitive positioning.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and liquidity.

Key Dates

Keywords

i3 Verticals Inc., Hood River Capital Management LLC, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Passive Investment, SEC Filing