SCHEDULE 13G: Conestoga Capital Advisors Discloses 11.95% Passive Stake in Simulations Plus, Inc.
Beneficial Ownership Disclosure
Conestoga Capital Advisors and its affiliated funds have disclosed a significant passive beneficial ownership stake of 11.95% in Simulations Plus, Inc. common stock as of December 31, 2024.
Summary
- Conestoga Capital Advisors, an investment adviser, reported beneficial ownership of 2,398,875 shares of Simulations Plus, Inc. common stock, representing 11.95% of the class.
- CONESTOGA FUNDS, an investment company, reported beneficial ownership of 1,579,380 shares of Simulations Plus, Inc. common stock, representing 7.87% of the class.
- Conestoga Capital Advisors holds sole voting power over 2,226,261 shares and sole dispositive power over 2,398,875 shares.
- CONESTOGA FUNDS holds sole voting power and sole dispositive power over 1,579,380 shares.
- The filing is a Schedule 13G, indicating 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 Simulations Plus, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing (Schedule 13G) disclosing beneficial ownership. It is neutral in tone and content, providing factual information without expressing positive or negative sentiment about the issuer's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of a significant passive ownership stake by institutional investors in a publicly traded company. It reflects an investment decision by Conestoga Capital Advisors and its funds, rather than an operational or strategic update from Simulations Plus, Inc. itself. Such disclosures are common in the investment management industry as funds cross beneficial ownership thresholds.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, which can be viewed positively as a vote of confidence from a large investor, though the filing explicitly states a passive investment intent.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement (beneficial ownership threshold crossed or reported). |
| 01/09/2025 | Date the Schedule 13G statement was signed by Duane R. D'Orazio, Managing Partner for both Conestoga Capital Advisors and CONESTOGA FUNDS. |
Keywords
Simulations Plus Inc., Conestoga Capital Advisors, CONESTOGA FUNDS, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Investment Adviser, Investment Company, Passive Investment
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