SCHEDULE 13G/A: Frontier Capital Management Reports Zero Beneficial Ownership in Stoneridge, Inc.

Sentiment:

Schedule 13G Amendment


Frontier Capital Management Co., LLC has filed an Amendment No. 3 to Schedule 13G, disclosing that it no longer beneficially owns any common shares of Stoneridge, Inc. as of December 31, 2024.

Summary

  • Frontier Capital Management Co., LLC filed an Amendment No. 3 to Schedule 13G regarding its beneficial ownership in Stoneridge, Inc.
  • The filing indicates that as of December 31, 2024, Frontier Capital Management Co., LLC beneficially owns 0 shares of Stoneridge, Inc.'s common stock.
  • This represents 0% of the class of securities.
  • The reporting person, Frontier Capital Management Co., LLC, is classified as an Investment Adviser (IA).
  • The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing reporting a change in beneficial ownership to zero. It contains no forward-looking statements, financial performance data, or qualitative assessments that would indicate a positive or negative sentiment regarding the issuer's operations or prospects. The sentiment is neutral as it is purely a disclosure of a change in an investor's holding.

Future Outlook

NA

Industry Context

This filing is a standard regulatory disclosure required when an institutional investor's beneficial ownership in a public company changes significantly, specifically dropping below the 5% threshold or to zero. It does not provide broader industry trends but reflects a specific investment decision by Frontier Capital Management Co., LLC regarding Stoneridge, Inc.

Stakeholder Impact

  • Shareholders: Provides transparency regarding the beneficial ownership structure of Stoneridge, Inc., specifically noting the complete divestment by Frontier Capital Management Co., LLC. This information can be used by other investors to assess institutional interest in the company.

Key Dates

DateDescription
12/31/2024Date of event which requires the filing of this statement, indicating the reporting person's beneficial ownership became 0%.
01/21/2025Date the Schedule 13G Amendment No. 3 was signed by Frontier Capital Management Co., LLC.

Keywords

SEC filing, Schedule 13G, beneficial ownership, Stoneridge Inc., Frontier Capital Management, common shares, investment adviser, divestment

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