Wasatch Advisors LP Holds 12.9% Stake in Arhaus, Inc.

TL;DR

**Wasatch Advisors LP still owns 12.9% of Arhaus, signaling continued institutional confidence.**

AI Summary

Wasatch Advisors LP, an investment adviser, filed an amended SC 13G/A on February 9, 2024, disclosing its ownership of 6,862,673 shares of Arhaus, Inc. Class A Common Stock, representing 12.9% of the class. This filing indicates a significant, passive stake in the furniture retailer, with Wasatch Advisors LP holding sole voting and dispositive power over these shares. This matters to investors because a large institutional holder like Wasatch Advisors LP maintaining a substantial position can signal confidence in Arhaus's long-term prospects, potentially influencing other investors' perceptions and the stock's stability.

Why It Matters

This filing shows a major institutional investor, Wasatch Advisors LP, continues to hold a significant portion of Arhaus, Inc. stock, which can be seen as a vote of confidence in the company's future.

Risk Assessment

Risk Level: low — This filing is an amendment to a passive ownership report, indicating no immediate change in control or strategy, thus posing low risk.

Analyst Insight

Investors should note the continued significant institutional ownership by Wasatch Advisors LP, which could be a positive signal for Arhaus, Inc.'s stability, but this filing itself doesn't suggest immediate action beyond monitoring.

Key Numbers

• 6,862,673 — Shares Owned (Represents the total number of Arhaus, Inc. Class A Common Stock shares held by Wasatch Advisors LP.)
• 12.9% — Percent of Class Owned (Indicates the significant portion of Arhaus, Inc. Class A Common Stock controlled by Wasatch Advisors LP.)

Key Players & Entities

• Wasatch Advisors LP (company) — the investment adviser reporting its ownership
• Arhaus, Inc. (company) — the issuer of the securities being reported
• 6,862,673 (dollar_amount) — number of shares of Common Stock CL A owned by Wasatch Advisors LP
• 12.9% (dollar_amount) — percentage of Arhaus, Inc. Class A Common Stock owned by Wasatch Advisors LP

Forward-Looking Statements

• Wasatch Advisors LP will maintain a significant, passive stake in Arhaus, Inc. for the foreseeable future. (Wasatch Advisors LP) — high confidence, target: 2025-02-09

FAQ

From the Filing

0000814133-24-000058.txt : 20240209 0000814133-24-000058.hdr.sgml : 20240209 20240209155554 ACCESSION NUMBER: 0000814133-24-000058 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Arhaus, Inc. CENTRAL INDEX KEY: 0001875444 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FURNITURE STORES [5712] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 871729256 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-93045 FILM NUMBER: 24614580 BUSINESS ADDRESS: STREET 1: 51 EAST HINES HILL ROAD CITY: BOSTON HEIGHTS STATE: OH ZIP: 44236 BUSINESS PHONE: 440-439-7700 MAIL ADDRESS: STREET 1: 51 EAST HINES HILL ROAD CITY: BOSTON HEIGHTS STATE: OH ZIP: 44236 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WASATCH ADVISORS LP CENTRAL INDEX KEY: 0000814133 ORGANIZATION NAME: IRS NUMBER: 870319391 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 505 WAKARA WAY STREET 2: 3RD FLOOR CITY: SALT LAKE CITY STATE: UT ZIP: 84108 BUSINESS PHONE: 8015330777 MAIL ADDRESS: STREET 1: 505 WAKARA WAY STREET 2: 3RD FLOOR CITY: SALT LAKE CITY STATE: UT ZIP: 84108 FORMER COMPANY: FORMER CONFORMED NAME: WASATCH ADVISORS INC DATE OF NAME CHANGE: 19990611 SC 13G/A 1 arhs224_2nd.txt SCHEDULE 13G Amendment No. 1 Name of Issuer: Arhaus, Inc. Title of Class of Securities: Common Stock CL A CUSIP Number: 04035M102 Item 1: Reporting Person: Wasatch Advisors LP 87-0319391 Item 2: Check Box If Member of Group: Not Applicable Item 3: SEC Use Item 4: Place of Organization: Utah Items 5-8: Number of Shares Owned With: Item 5: Sole Voting Power: 6,862,673 Item 6: Shared Voting Power: 0 Item 7: Sole Dispositive Power: 6,862,673 Item 8: Shared Dispositive Power: 0 Item 9: Aggregate Amount Owned: 6,862,673 Item 10: Check Box If Aggregate Amount Excludes Certain Shares: N/A Item 11: Percent of Class Owned: 12.9% Item 12: Type of Reporting Person: IA Item 1(a): Name of Issuer: Arhaus, Inc. Item l(b): Address of Issuer: 51 East Hines Hill Road, Boston Heights, OH 44236 Item 2(a): Name of Person Filing: Wasatch Advisors LP Item 2(b): Address: 505 Wakara Way, Salt Lake City, UT 84108 Item 2(c): Citizenship: Not Applicable Item 2(d): Title of Class of Securities: Common Stock CL A Item 2(e): CUSIP Number: 04035M102 Item 3(e): Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 Item 4(a): Amount Owned: 6,862,673 Item 4(b): Percent of Class Owned: 12.9% Item 4(c)(i): Sole Voting Power: 6,862,673 Item 4(c)(ii): Shared Voting Power: 0 Item 4(c)(iii): Sole Dispositive Power: 6,862,673 Item 4(c)(iv): Shared Dispositive Power: 0 Item 5: Check Box If Ownership Is 5% or Less of Class: [ ] Item 6. Ownership of More Than 5% on Behalf of Another Person: N/A Item 7: Identification of Subsidiary: Not Applicable Item 8: Identification of Members of Group: Not Applicable Item 9: Notice of Dissolution of Group: Not Applicable Item 10: Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct as of January 31, 2023. Date: 02/09/24 Signature: /s/JB Taylor Name/Title: JB Taylor/CEO