New York, Jan 30, 2026, 15:24 (EST) — Regular session
Shares of Andersen Group Inc climbed roughly 4.6% to $22.39 in New York afternoon trading, bouncing between $21.40 and $22.92 earlier in the session.
This move is significant since the stock is still finding its footing as a new listing, with ownership and liquidity in flux. New stake disclosures help clarify the landscape, particularly when the float remains tight and trading remains volatile.
A regulatory filing revealed Franklin Resources holds beneficial ownership of 997,468 Andersen Group shares, representing 7.9% of the class. The Schedule 13G, a short-form disclosure for investors not pursuing control, cites Dec. 31, 2025, as the relevant “event” date. (Andersen Group Inc.)
Andersen Group went public on the New York Stock Exchange in December, setting its IPO price at $16 per share. CEO Mark Vorsatz noted the move would provide the firm with “new currency to pursue deals and fuel expansion.” (Reuters)
Friday’s rebound also reflects investors grappling with the true level of institutional demand and how fast it’s gaining momentum. While a stake filing might signal fresh, steady inflows, it can just as easily reveal positions already held.
Andersen Group is set to release its quarterly results on Feb. 25, the next major date to watch, according to market data from The Wall Street Journal. (Wall Street Journal)
New stocks can still move on momentum instead of fundamentals. Andersen Group flagged this risk in its IPO filing, cautioning that future share sales and issuances might drag the price down, particularly once resale restrictions expire. (SEC)
