An amended 13D filing with the SEC showed that J. Carlo Cannell‘s Cannell Capital lowered its stake in Hooper Holmes Inc (NYSEMKT:HH) to 332,225 common shares, which amass 3.81% of the company’s outstanding stock. The fund’s stake was decreased from 474,623 shares, which represented 5.55% of the float, according to the fund’s prior Form 13D on the company, filed in July.
Hooper Holmes is a company that provides health risk assessments, sample collection, and similar healthcare services to insurance, wellness, and healthcare companies. Since the beginning of the year, the company’s shares have gained 56.22%. For the second quarter of 2016, Hooper Holmes reported a diluted loss per share from continuing operations of $0.27, and revenue of $7.64 million, compared to a loss per share of $0.65, and revenue of $7.66 million in the same quarter a year earlier.
Among the investors tracked by Insider Monkey, three were bullish on Hooper Holmes (NYSEMKT:HH) at the end of June, up by one from a quarter earlier. Aside from Cannell Capital, other investors long the stock included Jim Simons’ Renaissance Technologies, which held a position valued at $110,000, and Ken Griffin’s Citadel Investment Group, which initiated a new position during the June quarter, valued at $18,000 on June 30.
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Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|J. Carlo Cannell||332,225||0||332,225||0||332,225||3.81%|
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Page 1 of 8 – SEC Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
(Amendment No. 5 )
Hooper Holmes, Inc.
(Name of Issuer)
Common Stock, par value $0.04 per share
(Title of Class of Securities)
J. Carlo Cannell
Cannell Capital LLC
245 Meriwether Circle
(Name, Address and Telephone Number of Person
to Receive Notices and Communications)
September 15, 2016
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is
the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f)
or 240.13d-1(g), check the following box. ☐
Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See §240.13d-7
for other parties to whom copies are to be sent.
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(Page 1 of 8 Pages)
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