Granahan Investment Management Inc/ma has filed a 13G/A form with the SEC disclosing ownership of 2,578,670 shares of iCAD Inc (ICAD). This represents 10.2% of the company.
In their previous filing dated February 14, 2022 they reported 2,382,896 shares and 9.49% of the company, an increase in shares of 8.22% and an increase in total ownership of 0.71% (calculated as current – previous percent ownership).
They have filed 2 13D/G filings since February 14, 2022.
What are other large shareholders doing?
Granahan Investment Management Inc/ma holds 2,435,522 shares representing 9.61% ownership of the company. In it’s prior filing, the firm reported owning 2,370,273 shares, representing an increase of 2.68%. The firm increased its portfolio allocation in ICAD by 26.78% over the last quarter.
AIGH Capital Management LLC holds 1,360,510 shares representing 5.37% ownership of the company.
Portolan Capital Management, LLC holds 1,098,093 shares representing 4.33% ownership of the company. In it’s prior filing, the firm reported owning 905,984 shares, representing an increase of 17.49%. The firm increased its portfolio allocation in ICAD by 37.30% over the last quarter.
Vanguard Group Inc holds 1,055,360 shares representing 4.17% ownership of the company. In it’s prior filing, the firm reported owning 1,165,737 shares, representing a decrease of 10.46%. The firm decreased its portfolio allocation in ICAD by 3.53% over the last quarter.
JNL SERIES TRUST – JNL Multi-Manager Small Cap Growth Fund (A) holds 1,017,860 shares representing 4.02% ownership of the company. In it’s prior filing, the firm reported owning 1,007,260 shares, representing an increase of 1.04%. The firm increased its portfolio allocation in ICAD by 19.15% over the last quarter.
What is the overall institutional sentiment?
There are 263 funds or institutions reporting positions in iCAD Inc. This is a decrease of 9 owner(s) or 3.31%.
Average portfolio weight of all funds dedicated to iCAD Inc is 0.0872%, a decrease of 0.4926%. Total shares owned by institutions decreased in the last three months by 5.62% to 14,665,920 shares.
Based on this information, institutional sentiment is bearish.
This article originally appeared on Fintel
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
