Conestoga Capital Amends Mesa Labs Stake (SC 13G/A)

TL;DR

**Conestoga Capital updated its Mesa Labs stake, keep an eye on institutional ownership.**

AI Summary

Conestoga Capital Advisors, LLC filed an amended SC 13G/A on January 5, 2024, indicating their ownership of MESA LABORATORIES, INC. common stock as of December 31, 2023. This is the tenth amendment to their Schedule 13G, filed under Rule 13d-1(b). This filing updates their previous disclosures regarding their stake in Mesa Laboratories, which is important for investors to track institutional ownership changes.

Why It Matters

This filing shows an institutional investor's updated position, which can signal their ongoing confidence or changing sentiment in the company, influencing other investors' decisions.

Risk Assessment

Risk Level: low — This is a routine update on institutional ownership and does not inherently indicate significant risk or opportunity.

Analyst Insight

Investors should note that Conestoga Capital Advisors, LLC continues to hold a position in Mesa Laboratories, Inc. This filing is an update, and further analysis of the full Schedule 13G/A (which is not fully provided here) would be needed to understand the exact change in their ownership percentage or share count, which could then inform investment decisions.

Key Players & Entities

• Conestoga Capital Advisors, LLC (company) — the reporting person filing the SC 13G/A
• MESA LABORATORIES INC /CO/ (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 5, 2024 (date) — the filing date of the SC 13G/A
• 59064R109 (other) — the CUSIP number for Mesa Laboratories, Inc. common stock

FAQ

Key Financial Figures

• $0.01 — S, INC (Name of Issuer) Common Stock, $0.01 Par Value (Title of Class of Securitie

Filing Documents

• mlaba10_10524.htm (SC 13G/A) — 32KB
• 0001085146-24-000033.txt ( ) — 34KB

(a)

ITEM 1(a). NAME OF ISSUER: MESA LABORATORIES, INC

(b)

ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 12100 West Sixth Avenue Lakewood, Colorado 80228

(a)

ITEM 2(a). NAME OF PERSON FILING: Conestoga Capital Advisors LLC Conestoga Small Cap Fund

(b)

ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 550 E. Swedesford Rd. Suite 120 Wayne, PA 19087

(c)

ITEM 2(c). CITIZENSHIP: Delaware Delaware

(d)

ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, $0.01 Par Value

(e)

ITEM 2(e). CUSIP NUMBER: 59064R109 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c); (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [X] 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) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] 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 (15 U.S.C. 80a-3); (j) [ ] A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution: ITEM 4. (a) Amount beneficially owned: 617,612 401,006 (b) Percent of class: 11.45% 7.44% (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: 578,463 401,006 (ii) shared power to vote or to direct the vote: None (iii) sole power to dispose or direct the disposition of: 617,612 401,006 (iv) shared power to dispose or to direct the disposition of: None ITEM 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five per

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View this SC 13G/A filing on SEC EDGAR