Paradigm Capital Updates Ducommun Stake in SC 13G/A Filing
Ticker: DCO · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 30305
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
Related Tickers: DCO
TL;DR
**Paradigm Capital Management just updated their Ducommun (DCO) stake, watch for market reaction!**
AI Summary
Paradigm Capital Management, Inc. filed an amended SC 13G/A on February 12, 2024, indicating a change in their beneficial ownership of Ducommun Incorporated (DCO) common stock as of December 29, 2023. This filing, Amendment No. 3, updates their previous disclosures. This matters to investors because it shows a significant institutional investor's updated stake, which can influence market perception and potentially signal their confidence (or lack thereof) in Ducommun's future performance.
Why It Matters
This filing reveals an institutional investor's updated position in Ducommun, offering insight into their current investment strategy and potentially impacting investor sentiment.
Risk Assessment
Risk Level: low — This filing is a routine update of an institutional investor's ownership, not indicating any immediate high-risk event.
Analyst Insight
An investor should note that Paradigm Capital Management, Inc. has updated its position in Ducommun. While this filing doesn't disclose the exact change in share count, it signals an active management of their investment. Investors should monitor subsequent filings or news for details on the magnitude of the change and consider it as one data point among many when evaluating Ducommun's stock.
Key Players & Entities
- Paradigm Capital Management, Inc. (company) — the reporting person filing the SC 13G/A
- Ducommun Incorporated (company) — the issuer whose common stock is being reported
- New York (company) — place of organization for Paradigm Capital Management, Inc.
- December 29, 2023 (date) — the date of the event requiring the filing
- February 12, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as stated in the filing's header and body.
Who is the reporting person in this filing?
The reporting person is Paradigm Capital Management, Inc., as identified on the cover page and in Item 1 of the filing.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of Ducommun Incorporated is 264147109, as stated on the cover page of the filing.
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 29, 2023, as specified on the cover page.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed under Rule 13d-1(b), indicated by the 'X' in the appropriate box on the cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 12, 2024 regarding DUCOMMUN INC /DE/ (DCO).