Renaissance Tech Amends Lifevantage (LFVN) Stake, Passive Holding
Ticker: LFVN · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 849146
| Field | Detail |
|---|---|
| Company | Lifevantage Corp (LFVN) |
| Form Type | SC 13G/A |
| Filed Date | Feb 13, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Renaissance Technologies just updated their passive stake in Lifevantage.**
AI Summary
Renaissance Technologies LLC, a prominent quantitative hedge fund, filed an amended SC 13G/A on February 13, 2024, indicating a change in their ownership of Lifevantage Corporation (LFVN) common stock as of December 29, 2023. This filing, an amendment number 5, signals that Renaissance Technologies LLC continues to hold a significant, though potentially altered, passive stake in Lifevantage. For investors, this matters because large institutional holdings can influence stock stability and signal confidence (or lack thereof) from sophisticated market players.
Why It Matters
This filing shows that a major institutional investor, Renaissance Technologies LLC, is still involved with Lifevantage, which can provide a degree of stability or draw attention to the stock.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a passive investor, indicating no immediate high-risk actions or significant negative news.
Analyst Insight
An investor should note that a sophisticated quantitative fund like Renaissance Technologies still holds a position, suggesting some underlying value, but this filing alone doesn't indicate a new buying opportunity or a reason to sell. Further research into Lifevantage's fundamentals and Renaissance's specific holding percentage (which isn't detailed in this snippet) would be prudent.
Key Numbers
- 5 — Amendment Number (This is the 5th amendment to the SC 13G filing by Renaissance Technologies LLC for Lifevantage Corporation.)
- 20240213 — Filing Date (The date the SC 13G/A was filed with the SEC.)
- 20231229 — Date of Event (The date of the event that triggered the requirement for this filing.)
- 0000849146 — Lifevantage CIK (The Central Index Key for Lifevantage Corp.)
- 0001037389 — Renaissance Technologies CIK (The Central Index Key for Renaissance Technologies LLC.)
Key Players & Entities
- Renaissance Technologies LLC (company) — the institutional investor filing the SC 13G/A
- Lifevantage Corporation (company) — the subject company whose stock is being reported
- December 29, 2023 (date) — the date of the event requiring the filing
- February 13, 2024 (date) — the filing date of the SC 13G/A
- $0.0001 (dollar_amount) — par value of Lifevantage common stock
Forward-Looking Statements
- Renaissance Technologies LLC will maintain a passive investment strategy in Lifevantage Corporation. (Renaissance Technologies LLC) — high confidence, target: Next 12 months
- Lifevantage Corporation's stock price will not experience significant volatility directly due to this specific filing. (Lifevantage Corporation) — high confidence, target: Next 30 days
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 5, filed under Rule 13d-1(b).
Who is the reporting person in this filing?
The reporting person, or the entity filing this statement, is Renaissance Technologies LLC, located at 800 Third Ave, New York, NY 10022.
What is the subject company whose shares are being reported?
The subject company, also known as the Issuer, is Lifevantage Corporation, with its business address at 3300 Triumph Blvd, Suite 700, Lehi, UT 84043.
What is the specific date of the event that required this filing?
The date of the event which required the filing of this statement was December 29, 2023.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock, par value $0.0001, of Lifevantage Corporation is 53222K205.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 13, 2024 regarding Lifevantage Corp (LFVN).