Form 4: Q Global Capital Management Increases Stake in ModivCare Inc (MODV) with Recent Stock Purchases

Q Global Capital Management, L.P. reports purchasing additional shares of ModivCare Inc (MODV) common stock, increasing its holdings to over 1.7 million shares.

Summary

• Q Global Capital Management, L.P. has reported the acquisition of additional shares of ModivCare Inc (MODV) common stock.
• On November 4, 2024, Q Global Capital Management purchased 20,927 shares at a weighted average price of $16.13, with prices ranging from $16.00 to $16.25.
• On November 5, 2024, an additional 11,990 shares were purchased at a weighted average price of $16.22, with prices ranging from $16.085 to $16.25.
• Following these transactions, Q Global Capital Management's direct holdings in ModivCare Inc amount to 1,754,534 shares.
• Q Global Advisors, LLC is the sole general partner of Q Global Capital Management, L.P.
• Renegade Swish, LLC is the sole manager of Q Global Advisors, LLC and is controlled by Geoffrey P. Raynor.
• Each of Q Global Capital Management, Q Global Advisors, Renegade Swish, and Geoffrey P. Raynor disclaims beneficial ownership of these shares except to the extent of their respective direct or indirect interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a report of stock purchases, indicating confidence but not necessarily overwhelmingly positive news.

Positives

• Q Global Capital Management increased its investment in ModivCare, signaling confidence in the company.

Industry Context

This filing reflects ongoing investment activity in ModivCare, a company in the healthcare services sector. Monitoring such transactions can provide insights into investor sentiment and potential future performance.

Stakeholder Impact

• The increased stake by Q Global Capital Management could positively influence shareholder confidence.

Key Dates