SCHEDULE: Wasatch Advisors Discloses 8.6% Stake in Limbach Holdings

Wasatch Advisors LP has reported a beneficial ownership of 8.6% in Limbach Holdings Inc., holding 997,394 shares as an investment adviser.

Summary

• Wasatch Advisors LP, an investment adviser, filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in Limbach Holdings Inc.
• The firm beneficially owns an aggregate of 997,394 shares of Limbach Holdings Inc. common stock.
• This ownership represents 8.6% of the class of securities.
• Wasatch Advisors LP holds sole voting power over 735,563 shares.
• Wasatch Advisors LP holds sole dispositive power over all 997,394 beneficially owned shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine disclosure of beneficial ownership by an investment adviser, providing transparency without indicating specific positive or negative operational developments for the issuer.

Positives

• A significant institutional investor, Wasatch Advisors LP, holds an 8.6% stake in Limbach Holdings Inc., potentially signaling confidence in the company.
• The filing indicates the shares were acquired in the ordinary course of business, not for control-influencing purposes, suggesting a long-term investment perspective.

Negatives

• No specific negative information is contained within this beneficial ownership report.

Risks

• No specific risks related to Limbach Holdings Inc. are detailed in this beneficial ownership report.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that institutional ownership disclosures like this Schedule 13G provide transparency into significant holdings by investment firms, which can sometimes influence market perception of a company's stability and investment appeal.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by Wasatch Advisors LP could be perceived positively, potentially increasing investor confidence and liquidity.

Key Dates

Keywords

Limbach Holdings Inc, Wasatch Advisors LP, Schedule 13G, beneficial ownership, investment adviser, common stock, institutional ownership, SEC filing