Albion River Management Takes 6.5% Stake in Ducommun Inc.

TL;DR

**Albion River Management just bought 6.5% of Ducommun, signaling a bullish bet on the aerospace supplier.**

AI Summary

Albion River Management LLC, a Delaware-based investment firm, has disclosed a significant stake in Ducommun Inc. (NYSE: DCO), an aircraft parts manufacturer. As of January 26, 2024, Albion River Management beneficially owns 775,269 shares of Ducommun's common stock, representing 6.5% of the company's outstanding shares. This filing indicates a notable investment by Albion River Management, suggesting their belief in Ducommun's future prospects, which could be seen as a positive signal for current and potential investors.

Why It Matters

A substantial investment by an institutional firm like Albion River Management can signal confidence in Ducommun's valuation and future performance, potentially attracting other investors and influencing stock price.

Risk Assessment

Risk Level: low — This filing indicates a significant institutional investment, generally viewed as a positive sign, and does not inherently present new risks to the company.

Analyst Insight

A smart investor would research Albion River Management LLC's investment strategy and consider this significant stake as a potential vote of confidence in Ducommun Inc., warranting further due diligence on Ducommun's fundamentals.

Key Numbers

• 775,269 — Shares Beneficially Owned (Represents the total number of Ducommun Inc. common shares held by Albion River Management LLC.)
• 6.5% — Ownership Percentage (Indicates the significant stake Albion River Management LLC now holds in Ducommun Inc.)
• January 26, 2024 — Event Date (The specific date that triggered the requirement for this SC 13G filing.)

Key Players & Entities

• Albion River Management LLC (company) — the reporting person acquiring shares
• DUCOMMUN INC /DE/ (company) — the subject company whose shares were acquired
• Delaware (company) — place of organization for Albion River Management LLC
• January 26, 2024 (date) — date of event requiring the filing
• 775,269 (dollar_amount) — number of shares beneficially owned by Albion River Management LLC
• 6.5% (dollar_amount) — percentage of Ducommun's common stock owned by Albion River Management LLC

Forward-Looking Statements

• Ducommun Inc.'s stock price may experience a positive reaction due to increased institutional investor confidence. (DUCOMMUN INC /DE/) — medium confidence, target: Within 3 months

FAQ

Key Financial Figures

• $0.01 — of class of securities: Common Stock, $0.01 par value (e). CUSIP No.: 26414710

Filing Documents

• formsc13g.htm (SC 13G) — 161KB
• ex1.htm (EX-1) — 12KB
• 0001493152-24-004266.txt ( ) — 175KB

From the Filing

SC 13G 1 formsc13g.htm UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 0)* DUCOMMUN INCORPORATED (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 264147109 (CUSIP Number) January 26, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *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 the disclosures provided in a prior cover page. The information required in 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, as amended (the “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). CUSIP No. 264147109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Albion River Management LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 775,269* (1) 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 775,269* (1) 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 775,269* (1) 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3% (2) 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA CUSIP No. 264147109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Ignium LP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 775,269* (1) 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 775,269* (1) 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 775,269* (1) 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3% (2) 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN CUSIP No. 264147109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Darren Farber 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 775,269* (1) 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 775,269* (1) 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 775,269* (1) 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3% (2) 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN Item 1. (a). Name of Issuer: Ducommun Incorporated (b). Address of issuer’s principal executive offices: 200 Sandpointe Avenue, Suite 700 Santa Ana, CA 92707 Item 2. (a). Name of person filing: Albion River Management LLC Ignium LP Darren Farber Address or principal business office or, if none, residence: (b). Albion River Management LLC 2600 Tower Oaks Boulevard, Suite 280 Rockville, MD 20852 Ignium LP 2600 Tower Oaks Boulevard, Suite 280 Rockville, MD 20852 Darren Farber 2600 Tower Oaks Boulevard, Suite 280 Rockville, MD 20852 (c). Citizenship: Albion River Management LLC – Delaware Ignium LP – Delaware Darren Farber – United States (d). Title of class of securities: Common Stock, $0.01 par value (e). CUSIP No.: 264147109 Item 3. If This Statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a: Not applicable Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Albion River Management LLC – 775,269* (1) Ignium LP – 775,269* (1) Darren Farber – 775,269* (1) (b) Percent of class: Albion River Management LLC – 5.3% (2) Ignium

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View this SC 13G filing on SEC EDGAR