Endava plc has announced an updated filing with the SEC, revealing that Prescott Group Capital Management, L.L.C. has increased its stake in the company to approximately 9.7%. This change is significant as it reflects a growing interest in the technology sector, particularly in computer programming services.

Endava plc, a prominent player in the computer programming services industry (SIC 7371), is listed on the New York Stock Exchange under the ticker symbol DAVA. The company has been actively involved in providing technology services and solutions, catering to various sectors.

The recent filing, dated November 2, 2026, indicates that Prescott Group Capital Management beneficially owns 3,807,848 American Depositary Shares (ADS) of Endava. The filing states, "Each ADS represents the right to receive one (1) Class A Ordinary Share of Endava plc." This stake includes shares held in multiple funds managed by Prescott, showcasing a strategic investment approach.

In addition to Prescott Group Capital Management, other entities associated with Prescott also hold significant shares. Prescott Group Aggressive Small Cap, L.P. and Prescott Group Aggressive Small Cap II, L.P. each own approximately 9.2% of the shares, while Prescott Group Aggressive Mid Cap, L.P. holds about 0.5%. This collective ownership underscores the confidence that Prescott has in Endava's future prospects.

The filing highlights the competitive dynamics within the computer programming services sector, where companies are continuously adapting to technological advancements and market demands. With Prescott's increased stake, it may influence Endava's strategic direction and operational decisions moving forward.

What’s next for Endava remains to be seen, as the filing does not specify any immediate actions or changes. However, the heightened interest from Prescott Group could signal potential developments in the company's strategy or governance.