Kayne Anderson Rudnick Amends Kforce Stake Filing

Ticker: KFRC · Form: SC 13G/A · Filed: 2024-02-13T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, beneficial-ownership

TL;DR

**Kayne Anderson Rudnick still holds Kforce shares, showing continued institutional interest.**

AI Summary

Kayne Anderson Rudnick Investment Management LLC, a California-based investment firm, filed an amended SC 13G/A on February 13, 2024, indicating their ownership of Kforce Inc. common stock as of December 31, 2023. This filing is an amendment, meaning they previously reported their stake. This matters to investors because it shows a significant institutional investor continues to hold a position in Kforce, potentially signaling confidence in the company's long-term prospects.

Why It Matters

This filing confirms a major institutional investor, Kayne Anderson Rudnick, maintains a position in Kforce Inc., which can be a positive signal for other investors.

Risk Assessment

Risk Level: low — This filing is a routine update from an institutional investor and does not indicate any immediate risks or significant changes in company operations.

Analyst Insight

Investors should note that a significant institutional investor, Kayne Anderson Rudnick, continues to hold Kforce Inc. stock, suggesting ongoing confidence. While this filing doesn't provide specific share counts, it confirms their continued presence, which could be a factor in evaluating Kforce's stability.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, indicating a change or update to previously reported beneficial ownership of securities.

Who is the reporting person in this filing?

The reporting person is Kayne Anderson Rudnick Investment Management LLC, located at 2000 Avenue of the Stars, Suite 1110, Los Angeles, CA 90067.

What is the subject company whose shares are being reported?

The subject company is Kforce Inc., with its business address at 1150 Assembly Drive, Suite 500, Tampa, FL 33607.

What is the CUSIP number for the class of securities reported?

The CUSIP number for the Common Stock of Kforce Inc. is 493732101.

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.

From the Filing

0001398344-24-002775.txt : 20240213 0001398344-24-002775.hdr.sgml : 20240213 20240213160523 ACCESSION NUMBER: 0001398344-24-002775 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: KFORCE INC CENTRAL INDEX KEY: 0000930420 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 593264661 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47829 FILM NUMBER: 24625666 BUSINESS ADDRESS: STREET 1: 1150 ASSEMBLY DRIVE STREET 2: SUITE 500 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 8135525000 MAIL ADDRESS: STREET 1: 8405 BENJAMIN ROAD STREET 2: SUITE G CITY: TAMPA STATE: FL ZIP: 33634 FORMER COMPANY: FORMER CONFORMED NAME: KFORCE INC DATE OF NAME CHANGE: 20000517 FORMER COMPANY: FORMER CONFORMED NAME: ROMAC INTERNATIONAL INC DATE OF NAME CHANGE: 19950502 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC CENTRAL INDEX KEY: 0001021223 ORGANIZATION NAME: IRS NUMBER: 954575414 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, SUITE 1110 CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3105562721 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, SUITE 1110 CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: KAYNE ANDERSON INVESTMENT MANAGEMENT LLC DATE OF NAME CHANGE: 19990326 FORMER COMPANY: FORMER CONFORMED NAME: KAIM TRADITIONAL L L C DATE OF NAME CHANGE: 19980223 SC 13G/A 1 fp0086862-32_sc13ga.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (AMENDMENT NO. 1)* KFORCE INC (Name of Issuer) Common Stock (Title of Class of Securities) 493732101 (CUSIP Number) December 31, 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 disclosures provided in a prior cover page. The information required on 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. 493732101 13G Page 2 of 5 Pages 1. NAMES OF REPORTING PERSONS OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Kayne Anderson Rudnick Investment Management, LLC 95-4575414 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 A California Limited Liability Company NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 1,720,279 6. SHARED VOTING POWER 436,052 7. SOLE DISPOSITIVE POWER 1,945,691 8. SHARED DISPOSITIVE POWER 436,052 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,381,743 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.05% 12. TYPE OF REPORTING PERSON (see instructions) IA CUSIP No. 493732101 13G Page 3 of 5 Pages Item 1. (a) Name of Issuer KFORCE INC (b) Address of Issuer’s Principal Executive Offices 1150 Assembly Drive, Suite 500, Tampa, FL 33607 Item 2. (a) Name of Person F

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