Thompson Davis & Co. Amends Smith-Midland Stake
Ticker: SMID · Form: SC 13D/A · Filed: Jun 13, 2024
Sentiment: neutral
Topics: 13D-filing, amendment, shareholder-activity
Related Tickers: SMMC
TL;DR
Thompson Davis & Co. updated their Smith-Midland stake filing on 6/13/24.
AI Summary
Thompson Davis & Co., Inc. filed an amendment to its Schedule 13D on June 13, 2024, regarding its holdings in Smith-Midland Corporation. The filing indicates a change in the reporting person's beneficial ownership of the issuer's common stock.
Why It Matters
This amendment signals a potential shift in the ownership structure or investment strategy of a significant shareholder in Smith-Midland Corporation, which could influence the company's future direction.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in significant shareholder positions, which can lead to increased volatility or strategic shifts for the company.
Key Players & Entities
- Thompson Davis & Co., Inc. (company) — Reporting Person
- Smith-Midland Corporation (company) — Issuer
- 20240613 (date) — Filing Date
FAQ
What specific changes in beneficial ownership are detailed in this SC 13D/A filing?
The filing is an amendment to a Schedule 13D, indicating a change in the reporting person's beneficial ownership, but the specific details of the change (e.g., number of shares, percentage) are not provided in the provided text excerpt.
Who is the reporting person in this filing?
The reporting person is Thompson Davis & Co., Inc.
What is the subject company of this filing?
The subject company is Smith-Midland Corporation.
On what date was this amendment filed?
This amendment was filed on June 13, 2024.
What is the SIC code for Smith-Midland Corporation?
The Standard Industrial Classification (SIC) code for Smith-Midland Corporation is 3272, which corresponds to Concrete Products, Except Block & Brick.
Filing Details
This Form SC 13D/A (Form SC 13D/A) was filed with the SEC on June 13, 2024 by Thompson Davis & Co., Inc. regarding SMITH MIDLAND CORP (SMID).