SCHEDULE: Royce & Associates Boosts Hackett Group Stake to 11.67%

Royce & Associates LP, an investment adviser, has reported an 11.67% beneficial ownership stake in Hackett Group, Inc. common stock.

Summary

• Royce & Associates LP beneficially owns 2,962,097.00 shares of Hackett Group, Inc. common stock.
• This ownership represents 11.67% of the class of securities.
• Royce & Associates LP holds sole voting power and sole dispositive power over all 2,962,097.00 shares.
• The filing is an Amendment No. 5 to Schedule 13G, indicating a previous reporting history.
• Royce & Associates LP is an investment adviser, an indirect majority-owned subsidiary of Franklin Resources, Inc.
• Various accounts managed by Royce & Associates LP have the right to receive dividends or proceeds from the sale of these securities.
• One specific account, Royce Small-Cap Total Return Fund, an investment company, holds 1,552,106 shares, representing 6.12% of the total shares outstanding.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by an investment adviser and does not contain performance or operational updates that would indicate a positive or negative sentiment.

Future Outlook

NA

Management Comments

• Royce & Associates LP certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that institutional ownership disclosures like this Schedule 13G provide transparency into significant investor positions, often signaling confidence or strategic interest in a company within its sector. The substantial stake held by an investment adviser like Royce & Associates LP can be viewed as a vote of confidence in Hackett Group's long-term prospects.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, which may influence market perception and investor confidence.

Key Dates

Keywords

Hackett Group Inc, HCKT, Royce & Associates LP, Schedule 13G, Beneficial Ownership, Investment Adviser, Common Stock, Institutional Ownership