Conestoga Capital Advisors Holds 2.26M Shares of Simulations Plus

TL;DR

**Conestoga Capital Advisors still owns 2.26M shares of Simulations Plus, a bullish sign for the stock.**

AI Summary

Conestoga Capital Advisors, LLC, an investment advisor based in Wayne, PA, filed an amended Schedule 13G/A on January 5, 2024, disclosing its beneficial ownership in Simulations Plus, Inc. As of December 31, 2023, Conestoga Capital Advisors holds sole voting power over 2,259,176 shares of Simulations Plus common stock. This filing indicates a significant institutional stake, which can be a positive signal for investors as it shows a professional money manager has confidence in the company's future.

Why It Matters

This filing shows a major institutional investor, Conestoga Capital Advisors, maintains a substantial stake in Simulations Plus, signaling continued confidence in the company's prospects. For shareholders, this can be a reassuring sign of institutional backing.

Risk Assessment

Risk Level: low — This filing indicates a stable institutional ownership position, which generally reduces volatility and provides a level of confidence.

Analyst Insight

A smart investor would view this continued institutional ownership as a positive signal, suggesting that professional money managers see long-term value in Simulations Plus. It might prompt further research into Simulations Plus's fundamentals and future growth prospects.

Key Numbers

• 2,259,176 — Shares Beneficially Owned (Represents the number of shares of Simulations Plus, Inc. common stock over which Conestoga Capital Advisors, LLC has sole voting power as of December 31, 2023.)
• 829214105 — CUSIP Number (Identifies the specific class of securities (Common Stock, $0.01 Par Value) of Simulations Plus, Inc.)

Key Players & Entities

• Conestoga Capital Advisors, LLC (company) — the reporting person and investment advisor
• Simulations Plus, Inc. (company) — the subject company whose shares are being reported
• 2,259,176 (dollar_amount) — number of shares beneficially owned with sole voting power
• December 31, 2023 (date) — the date of the event requiring the filing
• Delaware (company) — place of organization for Conestoga Capital Advisors, LLC

Forward-Looking Statements

• Conestoga Capital Advisors will maintain a significant stake in Simulations Plus, Inc. throughout 2024. (Conestoga Capital Advisors, LLC) — medium confidence, target: December 31, 2024

FAQ

Key Financial Figures

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

Filing Documents

• slpa3_10524.htm (SC 13G/A) — 32KB
• 0001085146-24-000037.txt ( ) — 34KB

(a)

ITEM 1(a). NAME OF ISSUER: Simulations Plus

(b)

ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 42505 10th Street West Lancaster, CA 93534-7059

(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. Ste 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: 829214105 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: Conestoga Capital Advisors 2,412,465 Conestoga Small Cap Fund 1,570,175 (b) Percent of class: Conestoga Capital Advisors 12.10% Conestoga Small Cap Fund 7.88% (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: Conestoga Capital Advisors LLC : 2,259,176 Conestoga Small Cap Fund : 1,570,175 (ii) shared power to vote or to direct the vote: Conestoga Capital Advisors LLC : 0 Conestoga Small Cap Fund : 0 (iii) sole power to dispose or direct the disposition of: Conestoga Capital Advisors LLC : 2,412,465 Conestoga Small Cap Fund : 1,57

View Full Filing

View this SC 13G/A filing on SEC EDGAR