AltraVue Capital Discloses 3.5M Share Stake in AerSale Corp (ASLE)
Ticker: ASLE · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 1754170
| Field | Detail |
|---|---|
| Company | Aersale Corp (ASLE) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, equity-stake
TL;DR
**AltraVue Capital owns 3.5M shares of AerSale, signaling institutional confidence.**
AI Summary
AltraVue Capital, LLC, an investment firm based in Bellevue, WA, filed an amended SC 13G/A on January 23, 2024, disclosing its ownership in AerSale Corp (ASLE) as of December 31, 2023. The filing shows AltraVue beneficially owns 3,539,618 shares, representing a significant stake in the company. This matters to investors because large institutional holdings can signal confidence in the company's future, potentially influencing stock stability and liquidity.
Why It Matters
This filing updates AltraVue Capital's ownership in AerSale, providing transparency on a major institutional investor's position, which can impact market perception and trading activity.
Risk Assessment
Risk Level: low — This filing is a routine update on institutional ownership and does not inherently introduce new risks to the company or its investors.
Analyst Insight
Investors should note AltraVue Capital's substantial holding as a data point for institutional interest in AerSale Corp, but this filing alone doesn't suggest immediate action. It's a routine disclosure of a past position.
Key Numbers
- 3,539,618 — Aggregate Amount Beneficially Owned (total shares AltraVue Capital, LLC owns in AerSale Corp)
- 2,309,024 — Sole Voting Power (shares AltraVue Capital, LLC can vote independently)
- 1,230,594 — Shared Voting Power (shares AltraVue Capital, LLC shares voting power over)
- 00810F106 — CUSIP Number (unique identifier for AerSale Corp's common stock)
- December 31st, 2023 — Date of Event (the date as of which the ownership data is reported)
Key Players & Entities
- AltraVue Capital, LLC (company) — the reporting person and investment firm
- AerSale Corp (company) — the subject company whose shares are being reported
- Delaware, US (company) — place of organization for AltraVue Capital, LLC
- Bellevue, WA (company) — business address for AltraVue Capital, LLC
- Coral Gables, FL (company) — business address for AerSale Corp
Forward-Looking Statements
- AltraVue Capital will maintain a significant stake in AerSale Corp for the foreseeable future. (AltraVue Capital, LLC) — medium confidence, target: 2025-01-23
FAQ
What is the total number of AerSale Corp shares beneficially owned by AltraVue Capital, LLC as reported in this filing?
AltraVue Capital, LLC beneficially owns an aggregate of 3,539,618 shares of AerSale Corp, as stated on the cover page of the SC 13G/A filing.
What is the date of the event that required this SC 13G/A filing?
The date of the event which required the filing of this statement is December 31st, 2023, as indicated on the first page of the Schedule 13G.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as designated by the 'X' in the appropriate box on the first page of the filing.
What is the CUSIP number for AerSale Corp's securities mentioned in this filing?
The CUSIP number for AerSale Corp's common stock is 00810F106, as listed on the first page of the Schedule 13G.
What is the state of incorporation for AltraVue Capital, LLC?
AltraVue Capital, LLC is organized in Delaware, US, as stated in item 4 of the Schedule 13G cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding AerSale Corp (ASLE).