Minerva Advisors Updates Nuvera Communications Stake via 13G/A

TL;DR

**Minerva Advisors just updated their stake in Nuvera Communications, signaling ongoing institutional interest.**

AI Summary

Minerva Advisors LLC, along with its affiliates Minerva Group, LP, Minerva GP, LP, Minerva GP, Inc., and David P. Cohen, filed an amended Schedule 13G/A on February 9, 2024, indicating their ownership in Nuvera Communications, Inc. This filing, dated December 31, 2023, updates their previous disclosures regarding their stake in the company's Common Stock, $1.66 par value. This matters to investors because it shows a significant institutional investor is still involved with Nuvera, potentially signaling continued confidence or strategic interest in the company's future.

Why It Matters

This filing confirms Minerva Advisors' continued, albeit potentially adjusted, interest in Nuvera Communications, which can influence investor sentiment and stock performance.

Risk Assessment

Risk Level: low — This is a routine update from an institutional investor and does not inherently signal significant risk or opportunity.

Analyst Insight

Investors should note Minerva Advisors' continued involvement but await further filings for specific changes in their ownership percentage or intentions, as this filing only confirms an update without detailing the exact change in holdings.

Key Numbers

• $1.66 — Par Value per Share (The stated par value of Nuvera Communications, Inc. Common Stock.)

Key Players & Entities

• Minerva Advisors LLC (company) — reporting person and investment advisor
• Nuvera Communications, Inc. (company) — subject company, issuer of the securities
• David P. Cohen (person) — reporting person, likely associated with Minerva Advisors
• Minerva Group, LP (company) — affiliated reporting person
• Minerva GP, LP (company) — affiliated reporting person
• Minerva GP, Inc. (company) — affiliated reporting person
• $1.66 (dollar_amount) — par value of Nuvera Communications Common Stock

Forward-Looking Statements

• Minerva Advisors will maintain a significant stake in Nuvera Communications for the foreseeable future. (Minerva Advisors LLC) — medium confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $1.66 — Inc. (Name of Issuer) Common Stock, $1.66 par value (Title of Class of Securiti

Filing Documents

• nuvera13ga4v2-2.htm (SC 13G/A) — 59KB
• 0001462390-24-000025.txt ( ) — 61KB

(a)

Item 1(a) Name of Issuer. Nuvera Communications, Inc.

(b)

Item 1(b) Address of Issuer's Principal Executive Offices. 27 North Minnesota Street New Ulm, Minnesota 56073

(a)

Item 2(a) Name of Person Filing. Minerva Advisors LLC Minerva Group, LP Minerva GP, LP Minerva GP, Inc. David P. Cohen

(b)

Item 2(b) Address of Principal Business Office or, if none, Residence. 50 Monument Road, Suite 201 Bala Cynwyd, PA 19004

(c)

Item 2(c) Citizenship. David P. Cohen is a U.S. Citizen. Minerva Advisors LLC, Minerva Group, LP, and Minerva GP, LP are organized under Delaware law. Minerva GP, Inc. is organized under Pennsylvania law.

(d)

Item 2(d) Title of Class of Securities. Common Stock, par value $1.66

(e)

Item 2(e) CUSIP Number. 67075V100 Item 3 This statement is not filed pursuant to Rules 13d-1(b), 13d-2(b) or 13d-2(c). Item 4 (a) Amount beneficially owned: Minerva Advisors LLC* - 339,019 Minerva Group, LP - 233,166 Minerva GP, LP* - 233,166 Minerva GP, Inc.* - 233,166 David P. Cohen* - 339,019 *Each of these reporting persons is deemed a beneficial owner of the 233,166 shares of the Issuer held by Minerva Group, LP. David P. Cohen is also deemed a beneficial owner of the 339,019 shares of the Issuer beneficially owned by Minerva Advisors LLC. (b) Percent of Class: Minerva Advisors LLC* - 6.6% Minerva Group, LP - 4.5% Minerva GP, LP* - 4.5% Minerva GP, Inc.* - 4.5% David P. Cohen* - 6.6% *Each of these reporting persons is deemed a beneficial owner of the 4.5% of the shares of the Issuer held by Minerva Group, LP. David P. Cohen is also deemed a beneficial owner of the 6.6% of the shares of the Issuer beneficially owned by Minerva Advisors LLC. Based on a total of 5,126,581 shares of the Issuer's Common Shares outstanding as of November 14, 2023, as reported in the Issuer's Quarterly Report on Form 10-Q for the period ended September 30, 2023. (c) Number of Shares as to which the person has: (i) Sole power to vote or to direct the vote: Minerva Advisors LLC* - 233,166 Minerva Group, LP - 233,166 Minerva GP, LP* - 233,166 Minerva GP, Inc.* - 233,166 David P. Cohen* - 233,166 *Each of these reporting persons is deemed a beneficial owner of the 233,166 shares of the Issuer held by Minerva Group, LP. (ii) Shared power to vote or to direct the vote: Minerva Advisors LLC - 105,853 David P. Cohen** - 105,853 **David P. Cohen is deemed a beneficial owner of the 105,853 shares of the Issuer beneficially owned by Minerva Advisors LLC. (iii) Sole power to dispose or to direct the disposition of: Minerva Advisors LLC* - 233,166 Minerva Group, LP - 233,166 Minerva GP, LP* - 233,166 Minerva GP, Inc.

View Full Filing

View this SC 13G/A filing on SEC EDGAR