Kayne Anderson stakes 8.1% in Jack Henry (JKHY) shares
Rhea-AI Filing Summary
Kayne Anderson Rudnick Investment Management, LLC reports beneficial ownership of 5,862,055 Jack Henry and Associates ordinary shares, representing 8.1% of the class as of the reported date. The firm has sole voting power over 4,136,820 shares and shared voting power over 1,212,079 shares.
It also has sole dispositive power over 4,649,976 shares and shared dispositive power over 1,212,079 shares. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Jack Henry and Associates.
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FAQ
What ownership stake in Jack Henry (JKHY) does Kayne Anderson Rudnick report?
Kayne Anderson Rudnick Investment Management, LLC reports beneficial ownership of 5,862,055 Jack Henry and Associates ordinary shares, representing 8.1% of the outstanding class. This stake includes both shares over which it has sole authority and shares with shared authority.
Why did Kayne Anderson Rudnick file an amended Schedule 13G/A for Jack Henry (JKHY)?
Kayne Anderson Rudnick filed Amendment No. 2 to Schedule 13G because it beneficially owns more than 5% of Jack Henry’s ordinary shares. The filing updates ownership details and confirms the position is held in the ordinary course of business.
Does Kayne Anderson Rudnick seek to influence control of Jack Henry (JKHY)?
The filing certifies the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Jack Henry and Associates, and not in connection with any transaction intended to achieve that purpose.
What type of reporting person is Kayne Anderson Rudnick in relation to Jack Henry (JKHY)?
Kayne Anderson Rudnick Investment Management, LLC is identified as a reporting person eligible under Rule 13d-1(b), including as an investment adviser category. It reports its beneficial ownership and related voting and dispositive powers over Jack Henry ordinary shares.