William Blair Amends Harte Hanks Stake, Files SC 13G/A
Ticker: HHS · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 45919
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, stake-update
TL;DR
**William Blair updated their Harte Hanks stake, showing continued institutional interest.**
AI Summary
William Blair & Company, L.L.C. filed an Amendment No. 4 to their SC 13G/A for Harte Hanks Inc. on February 12, 2024, indicating their ownership of Common Stock as of December 31, 2023. This filing, under Rule 13d-1(b), updates their previous disclosures regarding their stake in Harte Hanks. For investors, this matters because it provides transparency into significant institutional holdings, which can influence stock stability and investor confidence.
Why It Matters
This filing updates the public record on a significant institutional investor's position in Harte Hanks, offering insight into their continued interest or changes in their investment strategy.
Risk Assessment
Risk Level: low — This is a routine update on an institutional holding and does not inherently signal a significant risk or opportunity.
Analyst Insight
An investor should note that a significant institutional holder like William Blair & Company, L.L.C. is maintaining or adjusting their position, and consider reviewing the full filing for specific share count changes if available in subsequent pages, as this could signal their ongoing confidence or concerns about Harte Hanks Inc.
Key Players & Entities
- William Blair & Company, L.L.C. (company) — the reporting person filing the SC 13G/A
- Harte Hanks Inc (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 12, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No. 4' in the filing.
Who is the reporting person in this filing?
The reporting person is William Blair & Company, L.L.C., as stated under '1. NAME OF REPORTING PERSONS William Blair & Company, L.L.C.'.
What is the name of the issuer whose securities are being reported?
The issuer is Harte Hanks Inc, as identified under 'Name of Issuer) Harte Hanks Inc'.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of Harte Hanks Inc is 416196202, as listed in the filing.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified in the filing.
Filing Stats: 1,052 words · 4 min read · ~4 pages · Grade level 7.9 · Accepted 2024-02-12 15:51:40
Filing Documents
- tm245781d2_sc13ga.htm (SC 13G/A) — 52KB
- 0001104659-24-014588.txt ( ) — 54KB
(a)
Item 1(a). Name of Issuer: Harte Hanks, Inc.
(b)
Item 1(b). Address of Issuer’s Principal Executive Offices: 1 Executive Drive, Suite 303, Chelmsford, MA 01824
(a)
Item 2(a). Name of Person Filing: William Blair & Company, L.L.C.
(b)
Item 2(b). Address of Principal Business Office or, if none, Residence: 150 North Riverside Plaza, Chicago, IL 60606
(c)
Item 2(c). Citizenship: Delaware
(d)
Item 2(d). Title of Class of Securities: Common Stock
(e)
Item 2(e). CUSIP Number: 416196202 Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) x Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) o Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) o Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) o Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) o A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) o Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________. CUSIP: 416196202 Page 4 Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 660,845 (b) Percent of class: 9.2% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 660,845 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 660,845 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5.