Investment Advisor Takes New Position in Professional Services Stock, According to Latest SEC Filing

1 day ago 5

Jake Lerch, The Motley Fool

Fri, May 8, 2026 astatine 8:55 AM CDT 4 min read

On May 6, 2026, GatePass Capital, LLC disclosed a caller presumption successful CBIZ (NYSE:CBZ), acquiring 98,163 shares successful an estimated $3.46 cardinal commercialized based connected the quarterly mean price.

What happened

According to a Securities and Exchange Commission (SEC) filing dated May 6, 2026, GatePass Capital, LLC initiated a caller presumption successful CBIZ, purchasing 98,163 shares. The estimated transaction worth was astir $3.46 million, calculated utilizing the mean unadjusted closing terms for the archetypal 4th of 2026. The quarter-end worth of the presumption was $2.64 million, reflecting some trading enactment and stock terms movement.

What other to cognize

This was a caller presumption for GatePass Capital, LLC, representing 1.23% of its reportable assets nether absorption arsenic of March 31, 2026.

Top 5 holdings aft the filing:

CINF: $15.30 cardinal (7.4% of AUM)
SHV: $7.86 cardinal (3.8% of AUM)
SPY: $7.59 cardinal (3.7% of AUM)
MINT: $7.38 cardinal (3.6% of AUM)
STEW: $7.36 cardinal (3.6% of AUM)

As of May 5, 2026, CBIZ shares were priced astatine $31.30, down 56.5% implicit the past year, and underperforming the S&P 500 by 85.0 percent points.

Company overview

Metric

Value

Revenue (TTM)	$2.77 billion
Net income (TTM)	$154.28 million
Price (as of marketplace adjacent May 5, 2026)	$31.30
One-year terms change	(56.5%)

Company snapshot

Offers accounting, tax, fiscal advisory, valuation, hazard consulting, worker benefits, payroll, insurance, and IT consulting services crossed 3 superior concern segments.
Generates gross done a diversified work model, providing recurring and project-based solutions to businesses and individuals successful financial, insurance, and advisory domains.
Serves tiny and medium-sized businesses, individuals, governmental entities, and not-for-profit organizations successful the United States and Canada.

CBIZ is simply a starring supplier of nonrecreational services, leveraging a multi-segment level to present financial, insurance, and advisory solutions. Its standard and breadth of offerings let it to code a wide scope of lawsuit needs, supporting organizations done analyzable regulatory and operational environments. CBIZ's diversified lawsuit basal and recurring gross streams supply resilience and maturation opportunities wrong the specialty concern services sector.

What this transaction means for investors

GatePass Capital, an Ohio-based concern advisor, precocious disclosed the acquisition of $2.6 cardinal worthy of CBIZ banal (CBZ) during the archetypal 4th (the 3 months ending connected March 31, 2026). Here are immoderate cardinal takeaways for investors.

To begin, CBIZ banal has struggled recently. Shares person declined successful worth by astir 55% implicit the past year. The institution delivered a disappointing first-quarter net report. Revenue came successful beneath statement expert expectations, and absorption lowered guidance, citing request uncertainty.

Read Entire Article