SCHEDULE: American Century Discloses 4.9% Stake in Titan Machinery

American Century Investment Management, Inc. and its affiliates reported a passive 4.9% beneficial ownership stake in Titan Machinery Inc. as of September 30, 2025.

Summary

• American Century Investment Management, Inc., American Century Companies, Inc., and Stowers Institute for Medical Research collectively reported beneficial ownership of 1,157,179 shares of Titan Machinery Inc. Common Stock.
• This ownership represents 4.9% of the class of securities, indicating a passive investment stance below the 5% threshold for more active reporting.
• The filing is an Amendment No. 1 to a Schedule 13G, signifying an update to a previously reported passive stake.
• The reporting entities hold sole voting power over 1,131,431 shares and sole dispositive power over 1,157,179 shares.
• The securities were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing the control of Titan Machinery Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A large, reputable institutional investor maintaining a significant, passive stake (4.9%) suggests continued confidence in the company without indicating any intent to influence control, which generally signals stability.

Positives

• A significant institutional investor, American Century Investment Management, Inc., maintains a substantial, albeit passive, stake in Titan Machinery Inc., which can be viewed as a vote of confidence in the company's long-term prospects.

Negatives

• The filing itself does not contain information that would be considered negative regarding Titan Machinery Inc.'s operations or financial health.

Risks

• The filing does not detail specific risks related to Titan Machinery Inc.'s business operations or financial performance, as it is a disclosure of beneficial ownership.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance from Titan Machinery Inc. or the reporting persons regarding the issuer's future performance.

Industry Context

This filing is a standard disclosure of institutional ownership and does not provide specific insights into broader industry trends or competitive landscape for Titan Machinery Inc. It indicates continued institutional interest in the company.

Stakeholder Impact

• Shareholders may view the continued significant, passive ownership by American Century as a positive signal of institutional confidence in Titan Machinery Inc.'s value and stability.

Key Dates

Keywords

Titan Machinery Inc., American Century Investment Management, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing