Fuller & Thaler Amends Tetra Tech Stake, Holds 7.2M Shares
Ticker: TTI · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 844965
| Field | Detail |
|---|---|
| Company | Tetra Technologies Inc (TTI) |
| Form Type | SC 13G/A |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, amendment, stake-disclosure
TL;DR
**Fuller & Thaler still owns a ton of Tetra Tech shares, showing continued confidence.**
AI Summary
Fuller & Thaler Asset Management, Inc. filed an amended Schedule 13G on February 12, 2024, reporting their beneficial ownership in Tetra Technologies, Inc. As of December 31, 2023, they hold sole voting power over 7,104,498 shares and sole dispositive power over 7,235,696 shares of Tetra Technologies' common stock. This filing indicates a significant institutional stake, which can be a positive signal for investors, suggesting confidence from a professional money manager.
Why It Matters
This filing shows a major institutional investor, Fuller & Thaler Asset Management, Inc., maintains a substantial position in Tetra Technologies, Inc., which can influence stock stability and investor sentiment.
Risk Assessment
Risk Level: low — This filing indicates a stable, significant institutional holding, which generally reduces risk by providing a floor of support for the stock.
Analyst Insight
A smart investor would view this as a positive signal, indicating continued institutional confidence in Tetra Technologies, Inc., and might consider further research into the company's fundamentals.
Key Numbers
- 7,104,498 — Sole Voting Power Shares (Represents the number of shares Fuller & Thaler can vote.)
- 7,235,696 — Sole Dispositive Power Shares (Represents the number of shares Fuller & Thaler can sell or dispose of.)
Key Players & Entities
- Fuller & Thaler Asset Management, Inc. (company) — the reporting person and institutional investor
- Tetra Technologies, Inc. (company) — the subject company whose securities are being reported
- 7,104,498 (dollar_amount) — shares with sole voting power held by Fuller & Thaler
- 7,235,696 (dollar_amount) — shares with sole dispositive power held by Fuller & Thaler
- December 31, 2023 (date) — the date of the event requiring the filing
Forward-Looking Statements
- Fuller & Thaler Asset Management, Inc. will maintain a significant stake in Tetra Technologies, Inc. for the foreseeable future. (Fuller & Thaler Asset Management, Inc.) — medium confidence, target: December 31, 2024
FAQ
Who filed this SC 13G/A amendment?
Fuller & Thaler Asset Management, Inc. filed this SC 13G/A amendment, as indicated by the 'FILED BY' section and 'Name of Reporting Person' on page 2 of the filing.
What is the subject company of this filing?
The subject company is Tetra Technologies, Inc., as stated under 'Name of Issuer' on page 1 and in the 'SUBJECT COMPANY' data section.
What type of securities are being reported in this filing?
The securities being reported are 'Common Stock' of Tetra Technologies, Inc., as specified under 'Title of Class of Securities' on page 1.
As of what date were the reported ownership figures accurate?
The reported ownership figures are accurate as of December 31, 2023, which is listed as the 'Date of Event which Requires Filing of this Statement' on page 1.
How many shares does Fuller & Thaler Asset Management, Inc. have sole voting power over?
Fuller & Thaler Asset Management, Inc. has sole voting power over 7,104,498 shares, as detailed in 'Item 5 Sole Voting Power' on page 2 of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 12, 2024 regarding TETRA TECHNOLOGIES INC (TTI).