SCHEDULE 13G/A: Caldwell Sutter Capital and Joseph Helmer Disclose Significant Stake in Natural Alternatives International

Caldwell Sutter Capital, Inc. and Joseph F. Helmer have filed an amended Schedule 13G, reporting a combined beneficial ownership of 7.8% of Natural Alternatives International Inc.'s common stock.

Summary

• Caldwell Sutter Capital, Inc. and Joseph F. Helmer, collectively referred to as the 'Reporting Persons,' have filed an Amendment No. 2 to Schedule 13G.
• The filing discloses their beneficial ownership in Natural Alternatives International Inc. (NAI), a company with common stock of $0.01 par value per share.
• Caldwell Sutter Capital, Inc., a registered broker-dealer and investment advisor, beneficially owns 460,638 shares, representing 7.4% of the class.
• Joseph F. Helmer, President of Caldwell Sutter and an investment advisor, beneficially owns an aggregate of 480,449 shares, representing 7.8% of the class.
• Mr. Helmer's ownership includes 19,811 shares with sole voting and dispositive power, and 460,638 shares with shared dispositive power through client accounts managed by Caldwell Sutter.
• The percentages are calculated based on 6,198,778 shares of Common Stock outstanding as of November 13, 2024, as reported in NAI's Quarterly Report on Form 10-Q.
• The Reporting Persons certify that 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 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.

Positives

• The disclosure of significant beneficial ownership by an investment advisor and broker-dealer like Caldwell Sutter Capital, Inc. can signal institutional confidence in Natural Alternatives International Inc.
• The explicit statement that shares are held in the ordinary course of business and not for control purposes may alleviate concerns about potential activist investor actions.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by an investment firm and its principal, indicating their significant stake in Natural Alternatives International Inc. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and trading activity.

Key Dates

Keywords

Natural Alternatives International Inc., NAI, Caldwell Sutter Capital, Joseph F. Helmer, Beneficial Ownership, Schedule 13G, SEC Filing, Investment Advisor, Broker Dealer, Common Stock, Shareholder Disclosure