Nalluri Amends 13D for Avalon Holdings, Signals Ownership Change
Ticker: AWX · Form: SC 13D/A · Filed: 2024-01-12T00:00:00.000Z
Sentiment: neutral
Topics: insider-ownership, amendment, corporate-governance
TL;DR
**Major shareholder Anil Nalluri just updated their stake in AVALON HOLDINGS, watch for details on their new position!**
AI Summary
Anil Choudary Nalluri, M.D., and his associated entities, including NALLURI ANIL CHOUDARY INC P/S PLAN & TRUST U/A/DTD 7/1/80, have filed an amendment (Amendment 38) to their Schedule 13D for AVALON HOLDINGS CORP. This filing, dated January 12, 2024, indicates a change in their beneficial ownership of AVALON HOLDINGS CORP's Class A Common Stock. While the specific details of the change are not provided in the excerpt, an amendment to a 13D typically signals a material change in ownership or investment intent, which could impact the stock's perceived stability or future strategic direction.
Why It Matters
This filing matters to investors because a significant shareholder, Anil Choudary Nalluri, M.D., has updated their ownership position, which could signal a shift in their investment strategy or influence on AVALON HOLDINGS CORP.
Risk Assessment
Risk Level: medium — The risk is medium because an amendment to a 13D can signal either an increase or decrease in a significant holder's stake, which could lead to price volatility.
Analyst Insight
An investor should review the full SC 13D/A filing to understand the specific changes in Anil Choudary Nalluri, M.D.'s beneficial ownership and assess the potential implications for AVALON HOLDINGS CORP's stock price and corporate governance.
Key Numbers
- 38 — Amendment Number (This is the 38th amendment to the Schedule 13D, indicating a long history of ownership and reporting by the Nalluri entities.)
- $0.01 — Par Value (The par value of the Class A Common Stock of AVALON HOLDINGS CORPORATION.)
Key Players & Entities
- Anil Choudary Nalluri, M.D. (person) — beneficial owner and reporting person
- AVALON HOLDINGS CORP (company) — the issuer of the securities
- NALLURI ANIL CHOUDARY INC P/S PLAN & TRUST U/A/DTD 7/1/80 (company) — a filing entity associated with Anil Choudary Nalluri, M.D.
- January 12th 2024 (date) — date of the event requiring the filing
- Amendment (38) (number) — the specific amendment number to the Schedule 13D
Forward-Looking Statements
- The filing of Amendment 38 suggests a material change in the beneficial ownership percentage of Anil Choudary Nalluri, M.D. in AVALON HOLDINGS CORP. (Anil Choudary Nalluri, M.D.) — high confidence, target: Q1 2024
- Further details regarding the specific nature of the ownership change (e.g., increase or decrease in shares) will likely be disclosed in the full text of the filing. (AVALON HOLDINGS CORP) — high confidence, target: Immediate
FAQ
Who is the primary reporting person for this SC 13D/A filing?
The primary reporting person for this SC 13D/A filing is Anil Choudary Nalluri, M.D., along with NALLURI ANIL CHOUDARY INC P/S PLAN & TRUST U/A/DTD 7/1/80.
What is the name of the issuer whose securities are the subject of this filing?
The issuer whose securities are the subject of this filing is AVALON HOLDINGS CORPORATION.
What type of securities are covered by this Schedule 13D/A?
This Schedule 13D/A covers Class A Common Stock, $0.01 par value, of AVALON HOLDINGS CORPORATION.
What is the CUSIP Number for the securities mentioned in the filing?
The CUSIP Number for the Class A Common Stock of AVALON HOLDINGS CORPORATION is 0534P109.
What is the date of the event that required the filing of this statement?
The date of the event which required the filing of this statement is January 12th, 2024.
From the Filing
0001193125-24-007030.txt : 20240112 0001193125-24-007030.hdr.sgml : 20240112 20240112061157 ACCESSION NUMBER: 0001193125-24-007030 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20240112 DATE AS OF CHANGE: 20240112 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AVALON HOLDINGS CORP CENTRAL INDEX KEY: 0001061069 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 341863889 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54255 FILM NUMBER: 24530524 BUSINESS ADDRESS: STREET 1: ONE AMERICAN WAY CITY: WARREN STATE: OH ZIP: 44484 BUSINESS PHONE: 3308568800 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NALLURI ANIL CHOUDARY INC P/S PLAN & TRUST U/A/DTD 7/1/80 CENTRAL INDEX KEY: 0001077628 ORGANIZATION NAME: IRS NUMBER: 341299073 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 5500 MARKET ST #128 STREET 2: C/O ANIL C NALLURI MD INC CITY: YOUNGSTOWN STATE: OH ZIP: 44512 BUSINESS PHONE: 3307831147 MAIL ADDRESS: STREET 1: 5500 MARKET ST #128 STREET 2: C/O ANIL C NALLURI MD INC CITY: YOUNGSTOWN STATE: OH ZIP: 44512 SC 13D/A 1 d647249dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment (38)* AVALON HOLDINGS CORPORATION (Name of Issuer) Class A Common Stock, $0.01 par value (Title of Class of Securities) 0534P109 (CUSIP Number) Anil Choudary Nalluri, M.D. 3954 Montereale Drive Canfield Ohio 44406 330-783-1147 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 12th 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐ Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. CUSIP No. 05343P109 13D 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Anil Choudary Nalluri 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐ 3. SEC Use Only 4. Source of Funds (See Instructions) PF 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ☐ 6. Citizenship or Place of Organization United States Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 1,025,455 8. Shared Voting Power 0 9. Sole Dispositive Power 1,025,455 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,025,455 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ☐ 13. Percent of Class Represented by Amount in Row (11) 14. Type of Reporting Person (See Instructions) IN 2 Item 1. Security and Issuer This Statement