Royce & Associates Amends Aviat Networks Stake (13G/A)
Ticker: AVNW · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 1377789
| Field | Detail |
|---|---|
| Company | Aviat Networks, Inc. (AVNW) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, portfolio-change
TL;DR
**Royce & Associates just updated their Aviat Networks holdings, signaling a portfolio adjustment.**
AI Summary
Royce & Associates, LP, a New York-based investment firm, filed an amended Schedule 13G/A on January 30, 2024, indicating a change in their beneficial ownership of Aviat Networks Inc. common stock as of December 31, 2023. This filing, Amendment No. 10, updates their previous disclosures regarding their stake in the radio and TV broadcasting equipment company. This matters to investors because it signals that a significant institutional holder has adjusted its position, which could reflect their updated outlook on Aviat Networks' future performance.
Why It Matters
Changes in significant institutional ownership can influence stock price and reflect a major investor's confidence (or lack thereof) in the company's prospects.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership changes and does not inherently indicate high risk.
Analyst Insight
Investors should monitor subsequent filings from Royce & Associates, LP to understand the full extent of their position change and consider if this aligns with their own investment thesis for Aviat Networks Inc.
Key Players & Entities
- Royce & Associates, LP (company) — the reporting person filing the SC 13G/A
- Aviat Networks Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event which required the filing
- January 30, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 10 (number) — the specific amendment number of this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Rule 13d-102)' sections.
Who is the subject company whose securities are being reported?
The subject company is Aviat Networks Inc., as indicated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AVIAT NETWORKS, INC.' and 'Aviat Networks Inc. (Name of Issuer)'.
Who is the entity filing this report?
The entity filing this report is Royce & Associates, LP, as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ROYCE & ASSOCIATES LP' and 'NAME OF REPORTING PERSON Royce & Associates, LP'.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of Aviat Networks Inc. is 05366Y201, as listed under 'CUSIP Number' and 'CUSIP No. 05366Y201'.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified under 'Date of Event Which Requires Filing of this Statement: December 31, 2023'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding AVIAT NETWORKS, INC. (AVNW).