Renaissance Tech Amends USANA Health Sciences Stake
Ticker: USNA · Form: SC 13G/A · Filed: 2024-02-13T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, health-sciences
TL;DR
**Renaissance Technologies still owns USANA stock, signaling continued institutional interest.**
AI Summary
Renaissance Technologies LLC, a major investment firm, filed an amendment to their SC 13G, indicating their ownership in USANA Health Sciences Inc. as of December 29, 2023. This filing, an Amendment No. 9, shows that Renaissance Technologies continues to hold a significant stake in USANA, a company specializing in medicinal chemicals and botanical products. For investors, this signals that a sophisticated institutional investor maintains confidence in USANA, which could be a positive indicator for the stock's stability or future performance.
Why It Matters
This filing shows that a major institutional investor, Renaissance Technologies, continues to hold a significant position in USANA Health Sciences, which can be seen as a vote of confidence in the company's prospects.
Risk Assessment
Risk Level: low — This filing is a routine update from an institutional investor and does not indicate any immediate negative risks for the stock.
Analyst Insight
Investors should note that a major institutional investor like Renaissance Technologies continues to hold USANA stock, which might warrant further research into USANA's fundamentals and future prospects.
Key Players & Entities
- Renaissance Technologies LLC (company) — the investment firm filing the SC 13G/A
- USANA Health Sciences Inc. (company) — the subject company whose shares are being reported
- December 29, 2023 (date) — the date of the event requiring the filing
- Amendment No. 9 (number) — the specific amendment number of the filing
Forward-Looking Statements
- Renaissance Technologies will maintain a significant stake in USANA Health Sciences for the foreseeable future. (Renaissance Technologies LLC) — medium confidence, target: 2024-12-31
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. 9)*'.
Who is the subject company of this filing?
The subject company is USANA HEALTH SCIENCES, INC., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: USANA HEALTH SCIENCES INC'.
Who filed this SC 13G/A?
The filing was made by RENAISSANCE TECHNOLOGIES LLC, as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RENAISSANCE TECHNOLOGIES LLC'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 29, 2023, as specified under '(Date of Event Which Requires Filing of this Statement)'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by '[X] Rule 13d-1(b)'.
From the Filing
0001037389-24-000064.txt : 20240213 0001037389-24-000064.hdr.sgml : 20240213 20240213104958 ACCESSION NUMBER: 0001037389-24-000064 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: USANA HEALTH SCIENCES INC CENTRAL INDEX KEY: 0000896264 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 870500306 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55565 FILM NUMBER: 24623407 BUSINESS ADDRESS: STREET 1: 3838 WEST PARKWAY BLVD. CITY: SALT LAKE CITY STATE: UT ZIP: 84120-6336 BUSINESS PHONE: 8019547100 MAIL ADDRESS: STREET 1: 3838 WEST PARKWAY BLVD. STREET 2: 3838 WEST PARKWAY BLVD. CITY: SALT LAKE CITY STATE: UT ZIP: 84120-6336 FORMER COMPANY: FORMER CONFORMED NAME: USANA INC DATE OF NAME CHANGE: 19930125 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RENAISSANCE TECHNOLOGIES LLC CENTRAL INDEX KEY: 0001037389 ORGANIZATION NAME: IRS NUMBER: 260385758 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 800 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2124866780 MAIL ADDRESS: STREET 1: 800 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: RENAISSANCE TECHNOLOGIES CORP DATE OF NAME CHANGE: 19990324 SC 13G/A 1 usna-13g_20231231.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 9)* USANA HEALTH SCIENCES, INC. ---------------------------------------------------------------------------- (Name of Issuer) Common Stock ---------------------------------------------------------------------------- (Title of Class of Securities) 90328M107 ---------------------------------------------------------------------------- (CUSIP Number) December 29, 2023 ---------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] 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 ("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. 90328M107 13G Page 2 of 8 Pages ----------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). Renaissance Technologies LLC 26-0385758 ----------------------------------------------------------------------------- (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 ----------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES 1,198,697 BENEFICIALLY OWNED _____________________________ BY EACH REPORTING PERSON WITH: (6) SHARED VOTING POWER 0 _____________________________ (7) SOLE DISPOSITIVE POWE