Prescott Group Capital Management Increases Stake in Endava plc to 5.4%
On May 15, 2026, Prescott Group Capital Management, L.L.C. filed a Schedule 13G indicating an increased position in Endava plc (DAVA). As of the event date on May 11, 2026, the reporting person beneficially owns 2,123,698 American Depositary Shares (ADSs), representing approximately 5.4% of the company's outstanding Class A Ordinary Shares. This is an increase from a previous holding of 1,592,554 shares. The filing was made on behalf of a group including Prescott Group Aggressive Small Cap, L.P., Prescott Group Aggressive Small Cap II, L.P., Prescott Group Aggressive Small Cap Master Fund, G.P., Prescott Group Aggressive Mid Cap, L.P., and Mr. Phil Frohlich. Mr. Frohlich, as the principal of Prescott Capital, may direct the vote and disposition of the shares. Specifically, 1,913,694 ADSs are held by the Master Fund, while 210,004 ADSs are held by Prescott Mid Cap. The shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.