SCHEDULE: Royce & Associates Reports 4.69% Stake in Identiv

Royce & Associates LP has disclosed a 4.69% beneficial ownership in Identiv, Inc. common stock, holding 1,111,476 shares as an investment adviser.

Summary

• Royce & Associates LP, an investment adviser, reported beneficial ownership of 1,111,476 shares of Identiv, Inc. common stock.
• This ownership represents 4.69% of the class of securities.
• The reporting person, Royce & Associates LP, holds sole voting and sole dispositive power over all 1,111,476 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Identiv, Inc.
• Royce & Associates LP is an indirect majority-owned subsidiary of Franklin Resources, Inc. (FRI) and exercises investment discretion and voting authority independently from FRI affiliates.
• Royce & Associates LP disclaims any pecuniary interest in the reported securities and denies being part of a 'group' with FRI affiliates or Principal Shareholders.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership by an investment adviser, indicating a passive stake below the 5% threshold. It does not contain information that would significantly alter the company's perceived value or operational outlook, thus maintaining a neutral sentiment.

Positives

• A significant institutional investor, Royce & Associates LP, maintains a notable stake in Identiv, Inc., potentially signaling confidence in the company's long-term prospects.
• The investment is stated to be in the ordinary course of business, indicating a passive, investment-oriented holding rather than an activist stance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Identiv, Inc.'s future performance or operations.

Management Comments

• Daniel A. O'Byrne, Vice President of Royce & Associates LP, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Industry Context

This filing represents a routine disclosure of beneficial ownership by an institutional asset manager, Royce & Associates LP, in a publicly traded company, Identiv, Inc. Such passive investments are common across the industry, reflecting portfolio allocation decisions by investment advisers.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holdings, confirming continued interest from a notable investment firm.
• Company Management: Acknowledges the presence of a substantial, passive institutional investor on the shareholder register.

Key Dates

Keywords

Identiv Inc, Royce & Associates LP, Common Stock, Beneficial Ownership, Investment Adviser, SEC Filing, Schedule 13G, Institutional Investor