Wilton Risenhoover - Profile and Journalist Details
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Verified
Publisher, Fintel
Los Angeles
Beats
Politics , Finance
is it more than 40 miles from our office?
Content
By Wilton Risenhoover Verified| ValueWalk Verified Fintel reports that Starboard Value LP has filed a 13D/A form with the SEC disclosing ownership of 2,719,857 shares of CommVault Systems, Inc. (NASDAQ:CVLT). This represents 6.1% of the company. In their previous filing dated July 6, 2022 they reported 3,802,375 shares and 8.50% of the company, a decrease in shares of 28.47% and a decrease in total ownership of 2.40% (calculated as current – previous percent ownership).
By Wilton Risenhoover Verified| Nasdaq Verified The US Securities & Exchange Commission wants to raise the reporting threshold [ pdf] triggering reporting requirements to $3.5 billion from $100 million, claiming the change would reduce burdens on smaller managers. The regulator reasons that easing reporting requirements would help small managers, reducing costs and preventing larger competitors from gaining insight into their strategy. Finally, the SEC says, removing transparency from the smaller managers would prevent front running.
By Wilton Risenhoover Verified| Fintel Verified The US Securities & Exchange Commission wants to raise the reporting threshold [pdf] triggering reporting requirements to $3.5 billion from $100 million, claiming the change would reduce burdens on smaller managers. The regulator reasons that easing reporting requirements would help small managers, reducing costs and preventing larger competitors from gaining insight into their strategy. Finally, the SEC says, removing transparency from the smaller managers would prevent front running.
Company Info
Fintel
Fintel provides insightful data, analytics, and tools to over 1M investors each month.
'+1 212-339-5690
Founded: 2005