SCHEDULE 13G/A: Alex Cushner Discloses 10.12% Stake in Pixelworks Inc. via Schedule 13G Filing
Ownership Disclosure
Alex Cushner, an investment adviser, has disclosed beneficial ownership of 10.12% of Pixelworks Inc.'s common stock as of December 31, 2024, through a Schedule 13G amendment.
Summary
- Alex Cushner, an investment adviser, has filed an Amendment No. 2 to Schedule 13G regarding his beneficial ownership in Pixelworks Inc.
- As of December 31, 2024, Mr. Cushner beneficially owns an aggregate of 5,967,454 shares of Pixelworks Inc. Common Stock.
- This ownership represents 10.12% of the total class of securities.
- Mr. Cushner holds sole voting and sole dispositive power over 172,300 shares.
- He holds shared voting and shared dispositive power over 5,795,154 shares, which are held in client accounts where he has discretionary authority.
- These shared shares are also reported as beneficially owned by Robert W. Baird & Co. Incorporated, Mr. Cushner's employer.
- The filing certifies 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 ownership, indicating a neutral sentiment. It does not contain positive or negative operational or financial news, nor does it suggest an activist stake.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of a significant ownership stake by an investment adviser, common in the financial industry for transparency regarding institutional holdings in publicly traded companies. It reflects a passive investment rather than an activist position.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder (Alex Cushner and Robert W. Baird & Co. Incorporated) and their stake in Pixelworks Inc., which can influence market perception of institutional interest.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (ownership stake calculation date). |
| 02/11/2025 | Date Robert W. Baird & Co. Incorporated filed its Schedule 13G regarding shared beneficial ownership. |
| 02/14/2025 | Date Alex Cushner signed and filed this Schedule 13G Amendment No. 2. |
Keywords
Pixelworks Inc., Alex Cushner, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Shareholder Disclosure, PWHR
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