Activist shareholders continue to be closely-monitored and imitated by investors, given their ability to affect positive change at companies. Whether it be by pressuring companies to set loose underperforming divisions, pushing for change on the company’s Board, or advocating for more of the company’s profits to be distributed to shareholders in the form of share buybacks and/or dividend payments, activist investors know how to move the needle in the right direction. Embedded below and on the following pages is the latest 13D activist filing issued by Matt Sirovich and Jeremy Mindich‘s Scopia Capital, in relation to its position in CONMED Corporation (NASDAQ:CNMD). The filing reveals a new position of 1.69 million shares held by the investment firm, giving them ownership of 6.1% of the issuer’s common stock. The filing does not reveal what plans, if any, Scopia Capital may have in mind regarding its investment.
You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| SCOPIA PX | 434,231 | 1,693,356 | 434,231 | 1,693,356 | 434,231 | 1.6% |
| SCOPIA PARTNERS | 12,261 | 1,693,356 | 12,261 | 1,693,356 | 12,261 | Less than 1% |
| SCOPIA HEALTH CARE | 33,666 | 33,666 | 33,666 | Less than 1% | ||
| SCOPIA WINDMILL FUND | 309,512 | 309,512 | 309,512 | 1.1% | ||
| SCOPIA INTERNATIONAL MASTER FUND | 77,391 | 77,391 | 77,391 | Less than 1% | ||
| SCOPIA PX INTERNATIONAL MASTER FUND | 558,629 | 558,629 | 558,629 | 2.0% | ||
| SCOPIA HEALTH CARE INTERNATIONAL MASTER FUND | 245,043 | 245,043 | 245,043 | Less than 1% | ||
| SCOPIA CAPITAL GP | 1,670,733 | 1,670,733 | 1,670,733 | 6.0% | ||
| SCOPIA CAPITAL MANAGEMENT | 1,693,356 | 1,693,356 | 1,693,356 | 6.1% | ||
| SCOPIA MANAGEMENT, INC | 1,693,356 | 1,693,356 | 1,693,356 | 6.1% | ||
| MATTHEW SIROVICH | 1,693,356 | 6.1% | ||||
| JEREMY MINDICH | 1,693,356 | 6.1% |
Page 1 of 23 SEC Filing
(Name, Address and Telephone Number of Person
