Private Capital Management Holds 10.7% Stake in ISG

TL;DR

**Private Capital Management still owns 10.7% of ISG, a big institutional vote of confidence.**

AI Summary

Private Capital Management, LLC, a Delaware-based investment firm, filed an amended Schedule 13G/A on February 5, 2024, disclosing its ownership in Information Services Group Inc. As of December 31, 2023, the firm beneficially owned an aggregate of 5,361,805 shares of Common Stock, representing 10.7% of the company's outstanding shares. This filing indicates a significant, albeit slightly reduced, passive stake, which could influence investor perception of the stock's stability and institutional interest.

Why It Matters

This filing shows a major institutional investor, Private Capital Management, LLC, maintains a substantial stake in Information Services Group Inc., signaling continued confidence or strategic interest in the company.

Risk Assessment

Risk Level: low — The filing indicates a passive investment by a large institutional holder, which generally poses low risk to the company's operations or stock price.

Analyst Insight

Investors should note the continued significant institutional ownership by Private Capital Management, LLC, which could indicate long-term stability or value, but this filing alone doesn't suggest immediate price catalysts.

Key Numbers

• 5,361,805 — Aggregate Shares Beneficially Owned (Total shares of Information Services Group Inc. held by Private Capital Management, LLC as of December 31, 2023.)
• 10.7% — Percentage of Class Outstanding (The percentage of Information Services Group Inc.'s Common Stock owned by Private Capital Management, LLC.)
• 1,894,309 — Sole Voting Power Shares (Shares over which Private Capital Management, LLC has sole voting and dispositive power.)
• 3,467,496 — Shared Voting Power Shares (Shares over which Private Capital Management, LLC has shared voting and dispositive power.)

Key Players & Entities

• Private Capital Management, LLC (company) — the reporting person and institutional investor
• Information Services Group Inc. (company) — the subject company in which shares are held
• Delaware (company) — place of organization for Private Capital Management, LLC
• December 31, 2023 (date) — date of event requiring the filing
• February 5, 2024 (date) — date the SC 13G/A was filed

Forward-Looking Statements

• Private Capital Management, LLC will maintain a significant, passive stake in Information Services Group Inc. for the foreseeable future. (Private Capital Management, LLC) — medium confidence, target: December 31, 2024

FAQ

Filing Documents

• o25240sc13ga7.htm (SC 13G/A) — 43KB
• 0001214659-24-001932.txt ( ) — 44KB

(a)

Item 1(a). Name of Issuer: Information Services Group, Inc.

(b)

Item 1(b). Address of Issuer’s Principal Executive Offices: 2187 Atlantic Street, Stamford, CT 06902

(a)

Item 2(a). Name of Person Filing: Private Capital Management, LLC

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: 8889 Pelican Bay Boulevard, Suite 500, Naples, Florida 34108

(c)

Item 2(c). Citizenship: USA

(d)

Item 2(d). Title of Class of Securities: Common Stock

(e)

Item 2(e). CUSIP Number: 45675Y104 Page 3 of 6 pages 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) o Broker or dealer registered under Section 15 of the Act; (b) o Bank as defined in Section 3(a)(6) of the Act; (c) o Insurance company as defined in Section 3(a)(19) of the Act; (d) x Investment company registered under Section 8 of the Investment Company Act of 1940; (e) o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E) ; (f) o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F) ; (g) o A parent holding company or control person in accordance with Rule 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 of 1940; (j) o A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J) ; (k) o Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K) . If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: 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**: 5,361,805 (b) Percent of Class: 10.97% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 1,894,309 (ii) shared power to vote or to direct the vote*: 3,467,496 (iii) sole power to dispose or to direct the disposition of: 1,894,309 (iv) shared power to dispose or to direct the disposition of: 3,467,496 Page 4 of 6 pages Item 5. If this statement is being filed to report the fact that as of the d

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View this SC 13G/A filing on SEC EDGAR