Renaissance Tech Holds 5.9% Stake in Natural Alternatives Intl.
Ticker: NAII · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 787253
| Field | Detail |
|---|---|
| Company | Natural Alternatives International Inc (NAII) |
| Form Type | SC 13G/A |
| Filed Date | Feb 13, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, stake-update
TL;DR
**Renaissance Tech still owns 5.9% of NAII, showing continued institutional interest.**
AI Summary
Renaissance Technologies LLC, a major investment firm, filed an amendment (SC 13G/A) on February 13, 2024, updating its ownership in Natural Alternatives International, Inc. (NAII). As of December 29, 2023, Renaissance Technologies reported owning 499,999 shares of NAII's Common Stock, representing 5.9% of the company. This matters to investors because it shows a significant institutional holder has maintained a substantial stake, indicating continued confidence in the company's prospects, even if their percentage ownership has slightly changed from previous filings.
Why It Matters
This filing confirms a major institutional investor, Renaissance Technologies, continues to hold a significant position in Natural Alternatives International, Inc., which can be seen as a vote of confidence in the company's future.
Risk Assessment
Risk Level: low — This filing is a routine update on institutional ownership and does not indicate any immediate negative risks for the company or its shareholders.
Analyst Insight
Investors should note that a prominent institutional investor maintains a substantial position in NAII, which could be a positive signal, but should also research any changes in their stake over time to understand evolving sentiment.
Key Numbers
- 499,999 — Shares Owned (Number of Common Stock shares of Natural Alternatives International, Inc. held by Renaissance Technologies LLC.)
- 5.9% — Percentage Ownership (Percentage of Natural Alternatives International, Inc.'s Common Stock owned by Renaissance Technologies LLC.)
- December 29, 2023 — Reporting Date (The date as of which the ownership stake is being reported.)
Key Players & Entities
- Renaissance Technologies LLC (company) — the investment firm filing the SC 13G/A
- Natural Alternatives International, Inc. (company) — the subject company whose shares are being reported
- 499,999 shares (dollar_amount) — the number of shares of Common Stock owned by Renaissance Technologies LLC
- 5.9% (dollar_amount) — the percentage of Natural Alternatives International, Inc.'s Common Stock owned by Renaissance Technologies LLC
- December 29, 2023 (date) — the date of the event which required the filing of this statement
Forward-Looking Statements
- Renaissance Technologies LLC will maintain a significant stake in Natural Alternatives International, Inc. for the foreseeable future. (Renaissance Technologies LLC) — medium confidence, target: December 29, 2024
FAQ
Who filed this SC 13G/A amendment?
Renaissance Technologies LLC filed this SC 13G/A amendment, as indicated in the 'FILED BY' section of the filing.
What company's stock is the subject of this filing?
The subject company is NATURAL ALTERNATIVES INTERNATIONAL, INC., as stated in the 'Name of Issuer' section and 'SUBJECT COMPANY' data.
How many shares of Natural Alternatives International, Inc. does Renaissance Technologies LLC own?
Renaissance Technologies LLC owns 499,999 shares of Natural Alternatives International, Inc.'s Common Stock, as per the filing details.
What percentage of Natural Alternatives International, Inc. does Renaissance Technologies LLC own?
Renaissance Technologies LLC owns 5.9% of Natural Alternatives International, Inc.'s Common Stock, as reported in the filing.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 29, 2023, as explicitly stated in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 13, 2024 regarding NATURAL ALTERNATIVES INTERNATIONAL INC (NAII).