EARNEST Partners Amends DMC Global Stake (SC 13G/A)
Ticker: BOOM · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 34067
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, SC-13G, DMC-Global
TL;DR
**EARNEST Partners updated their DMC Global stake, watch for potential market reaction.**
AI Summary
EARNEST Partners, LLC, a Delaware-based investment firm, filed an amended Schedule 13G/A on February 9, 2024, indicating their ownership in DMC Global Inc. as of December 31, 2023. This filing, an amendment number 4, updates their previous disclosures regarding their stake in DMC Global's Common Stock. This matters to investors because it provides transparency into significant institutional ownership changes, which can influence stock stability and investor confidence.
Why It Matters
This filing shows an institutional investor's updated position in DMC Global, which can signal their ongoing confidence or changing strategy regarding the stock.
Risk Assessment
Risk Level: low — This is a routine update on institutional ownership and does not inherently signal high risk.
Analyst Insight
Investors should note EARNEST Partners' continued involvement with DMC Global, but without specific share count changes, this filing primarily serves as an update to their previous disclosures rather than a strong buy/sell signal.
Key Players & Entities
- EARNEST Partners, LLC (company) — the reporting person and institutional investor
- DMC Global Inc. (company) — the subject company whose stock is being reported
- Delaware (company) — place of organization for EARNEST Partners, LLC
- December 31, 2023 (date) — date of event requiring the filing
- February 9, 2024 (date) — date the filing was made
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and '(Amendment No._4_)' in the filing.
Who is the reporting person in this SC 13G/A filing?
The reporting person is EARNEST Partners, LLC, as stated under 'NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). EARNEST Partners, LLC'.
What is the subject company of this filing?
The subject company is DMC Global Inc., as indicated by 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DMC Global Inc.' and '(Name of Issuer) DMC Global Inc.'.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Common Stock of DMC Global Inc. is 23291C103, as listed under 'CUSIP Number' and 'CUSIP NO. 23291C103'.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement) 12/31/2023'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 regarding DMC Global Inc. (BOOM).