Royce & Associates LP Amends Limbach Holdings Stake
Ticker: LMB · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 1606163
| Field | Detail |
|---|---|
| Company | Limbach Holdings, INC. (LMB) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, shareholder-update
TL;DR
**Royce & Associates still holds 262,500 shares of Limbach Holdings, showing continued institutional interest.**
AI Summary
Royce & Associates, LP, an investment firm, filed an amended SC 13G/A on January 30, 2024, indicating their beneficial ownership of Limbach Holdings Inc. common stock as of December 31, 2023. The filing shows Royce & Associates, LP holds sole voting power over 262,500 shares. This matters to investors because it provides transparency into significant institutional holdings, which can influence stock stability and investor confidence in Limbach Holdings Inc.
Why It Matters
This filing shows that a major institutional investor, Royce & Associates, LP, maintains a significant position in Limbach Holdings Inc., which can signal confidence to other investors and potentially influence the stock's stability.
Risk Assessment
Risk Level: low — This filing is an amendment to an existing disclosure and does not indicate a new, volatile, or negative event for the company.
Analyst Insight
Investors should note the continued institutional interest from Royce & Associates, LP, but this filing alone doesn't suggest immediate action. It's a data point for long-term holders or those considering an investment, indicating a stable institutional presence.
Key Numbers
- 262,500 — Shares with Sole Voting Power (Represents the number of Limbach Holdings Inc. common shares Royce & Associates, LP can vote.)
Key Players & Entities
- Royce & Associates, LP (company) — the reporting person and institutional investor
- Limbach Holdings, Inc. (company) — the subject company whose securities are being reported
- 262,500 (dollar_amount) — number of shares with sole voting power held by Royce & Associates, LP
- December 31, 2023 (date) — date of the event which requires the filing of this statement
- January 30, 2024 (date) — date the SC 13G/A amendment was filed
Forward-Looking Statements
- Royce & Associates, LP will maintain a significant stake in Limbach Holdings Inc. for the foreseeable future. (Royce & Associates, LP) — medium confidence, target: December 31, 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is Royce & Associates, LP, as stated in the 'NAME OF REPORTING PERSON' section of the filing.
What is the subject company whose securities are being reported?
The subject company is Limbach Holdings Inc., as indicated under 'Name of Issuer' and 'COMPANY CONFORMED NAME' in the filing.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of Limbach Holdings Inc. is 53263P105, as listed in the filing.
As of what date did the event requiring this filing occur?
The date of the event which requires the filing of this statement was December 31, 2023, according to the filing.
How many shares does Royce & Associates, LP have sole voting power over?
Royce & Associates, LP has sole voting power over 262,500 shares, as reported under 'SOLE VOTING POWER' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding Limbach Holdings, Inc. (LMB).