Form 13G’s must be filed with the SEC upon any investor or entity amassing at least 5% of a company’s outstanding shares, or alternatively, an investment falling beneath the 5% ownership threshold. Investors should closely monitor this filing activity, as it represents the trading activity of some of the company’s biggest supporters, who have doubtlessly done an immense amount of research on the company and its sector and have a good understanding of its value and potential. Below we have embedded just such a filing, issued by Colin Moran‘s Abdiel Capital Advisors on Mimecast Ltd (NASDAQ:MIME), revealing the investment firm’s 5% stake in the data solutions provider, representing 2.73 million shares of stock. Mr. Moran’s firm reported no ownership of the stock as of the end of December.
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 |
|---|---|---|---|---|---|---|
| Abdiel Qualified Master Fund | 0 | 2,591,731 | 0 | 2,591,731 | 4.8% | |
| Abdiel Capital | 0 | 133,501 | 0 | 133,501 | 0.2% | |
| Abdiel Capital Management | 0 | 2,725,232 | 0 | 2,725,232 | 5.0% | |
| Abdiel Capital Advisors | 0 | 2,725,232 | 0 | 2,725,232 | 5.0% | |
| Colin T. Moran | 0 | 2,725,232 | 0 | 2,725,232 | 5.0% |
Page 1 of 8 SEC Filing
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___)* |
| Mimecast Limited |
| (Name of Issuer) |
| Ordinary Shares, $0.012 par value |
| (Title of Class of Securities) |
| G14838109 |
| (CUSIP Number) |
| February 16, 2016 |
| Date of Event Which Requires Filing of this Statement |
