SEC Form SC 13G/A filed by American Software Inc. (Amendment)

9/8/23 9:46:40 AM ET

$AMSWA

Computer Software: Prepackaged Software

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SC 13G/A 1 formsc13ga-09082023_010937.htm FORM schedule-13g

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

AMERICAN SOFTWARE INC

(Name of Issuer)

Common

(Title of Class of Securities)

029683109

(CUSIP Number)

August 31, 2023

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ x ] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. 029683109
(1)	Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Neuberger Berman Group LLC 61-1591182
(2)	Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) Membership in Group is Disclaimed
(3)	SEC Use Only
(4)	Citizenship or Place of Organization Delaware
Number of Shares Beneficially Owned by Each Reporting Person With		(5)	Sole Voting Power 0
		(6)	Shared Voting Power 1,110,281
		(7)	Sole Dispositive Power 0
		(8)	Shared Dispositive Power 1,124,648
(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 1,124,648
(10)	Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions)
(11)	Percent of Class Represented by Amount in Row (9) 3.48%
(12)	Type of Reporting Person (See Instructions) HC


CUSIP No. 029683109
(1)	Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Neuberger Berman Investment Advisers LLC 02-0654486
(2)	Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) Membership in Group is Disclaimed
(3)	SEC Use Only
(4)	Citizenship or Place of Organization Delaware
Number of Shares Beneficially Owned by Each Reporting Person With		(5)	Sole Voting Power 0
		(6)	Shared Voting Power 1,109,256
		(7)	Sole Dispositive Power 0
		(8)	Shared Dispositive Power 1,123,623
(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 1,123,623
(10)	Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions)
(11)	Percent of Class Represented by Amount in Row (9) 3.47%
(12)	Type of Reporting Person (See Instructions) IA


CUSIP No. 029683109
(1)	Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Neuberger Berman Equity Funds 13-6068441
(2)	Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) Membership in Group is Disclaimed
(3)	SEC Use Only
(4)	Citizenship or Place of Organization Delaware
Number of Shares Beneficially Owned by Each Reporting Person With		(5)	Sole Voting Power 0
		(6)	Shared Voting Power 797,970
		(7)	Sole Dispositive Power 0
		(8)	Shared Dispositive Power 797,970
(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 797,970
(10)	Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions)
(11)	Percent of Class Represented by Amount in Row (9) 2.47
(12)	Type of Reporting Person (See Instructions) IV


CUSIP No. 029683109
(1)	Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Neuberger Berman Genesis Fund 13-3697433
(2)	Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) Membership in Group is Disclaimed
(3)	SEC Use Only
(4)	Citizenship or Place of Organization Delaware
Number of Shares Beneficially Owned by Each Reporting Person With		(5)	Sole Voting Power 0
		(6)	Shared Voting Power 797,970
		(7)	Sole Dispositive Power 0
		(8)	Shared Dispositive Power 797,970
(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 797,970
(10)	Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions)
(11)	Percent of Class Represented by Amount in Row (9) 2.47%
(12)	Type of Reporting Person (See Instructions) IV

Item 1.

(a) Name of Issuer

AMERICAN SOFTWARE INC

(b) Address of Issuer's Principal Executive Offices

470 E PACES FERRY RD NE
ATLANTA, Georgia, 30305

Item 2.

(a) Name of Person Filing

Neuberger Berman Group LLC
Neuberger Berman Investment Advisers LLC
Neuberger Berman Equity Funds
Neuberger Berman Genesis Fund

(b) Address of Principal Business Office or, if none, Residence

1290 Avenue of the Americas
New York, NY 10104

(c) Citizenship

Delaware

(d) Title of Class of Securities

Common

(e) CUSIP Number

029683109

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

[ ]

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

[ ]

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

[ ]

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

[ ]

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);

(e)

[ ]

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

[ ]

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

[ ]

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

[ ]

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

[ ]

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

[ x ]

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4.

(a) Amount beneficially owned:

1,124,648

Neuberger Berman Trust Co N.A., Neuberger Berman Trust Co of Delaware N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, and Neuberger Berman Investment Advisers LLC and certain affiliated persons may be deemed to beneficially own the securities covered by this report in their various fiduciary capacities by virtue of the provisions of Exchange Act Rule 13d-3. Neuberger Berman Group LLC, through its subsidiaries Neuberger Berman Investment Advisers Holdings LLC and Neuberger Trust Holdings LLC controls Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC and certain affiliated persons.

This report is not an admission that any of these entities are the beneficial owner of the securities covered by this report and each of Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC, Neuberger Trust Holdings LLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC and certain affiliated persons disclaim beneficial ownership of the securities covered by this statement pursuant to Exchange Act Rule 13d-4.

The information in this filing reports securities of the issuer that may be deemed to be beneficially owned by Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC, Neuberger Trust Holdings LLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC ("NBG Filers"). The securities of the issuer, if any, that may be deemed to be beneficially owned by NB Alternatives Advisers LLC and other subsidiaries of Neuberger Berman Group LLC that are separated from the NBG Filers by an information barrier in accordance with SEC Release No. 34-39538 (January 12, 1998) are not reflected in this filing.

(b) Percent of class:

3.48%

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote

(ii) Shared power to vote or to direct the vote

1,110,281

(iii) Sole power to dispose or to direct the disposition of

(iv) Shared power to dispose or to direct the disposition of

1,124,648

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ x ]

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

N/A

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

N/A

Item 8. Identification and Classification of Members of the Group.

N/A

Item 9. Notice of Dissolution of Group.

N/A

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: September 8, 2023

Neuberger Berman Group LLC
By:	/s/ Brad Cetron

	Name: Brad Cetron
	Title: Deputy General Counsel

Date: September 8, 2023

Neuberger Berman Investment Advisers LLC
By:	/s/ Brad Cetron

	Name: Brad Cetron
	Title: Deputy General Counsel

Date: September 8, 2023

Neuberger Berman Equity Funds
By:	/s/ Brian Kerrane

	Name: Brian Kerrane
	Title: Chief Operating Officer

Date: September 8, 2023

Neuberger Berman Genesis Fund
By:	/s/ Brian Kerrane

	Name: Brian Kerrane
	Title: Chief Operating Officer

Get the next $AMSWA alert in real time by email

Date

Price Target

Rating

Analyst

8/23/2024

$16.00 → $17.00

Buy

Maxim Group

6/6/2022

$23.00

Neutral → Buy

B. Riley Securities

12/20/2021

$26.00 → $36.00

Buy

Sidoti & Co.

11/19/2021

$34.00 → $38.00

Buy

Maxim Group

11/19/2021

$31.00

Buy → Neutral

B. Riley Securities

9/14/2021

$34.00

Buy

Maxim Group

SEC Form SC 13G/A filed by American Software Inc. (Amendment)

9/8/23 9:46:40 AM ET

$AMSWA

Computer Software: Prepackaged Software

Technology

Get the next $AMSWA alert in real time by email

SC 13G/A 1 formsc13ga-09082023_010937.htm FORM schedule-13g

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

AMERICAN SOFTWARE INC

(Name of Issuer)

Common

(Title of Class of Securities)

029683109

(CUSIP Number)

August 31, 2023

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ x ] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)


CUSIP No. 029683109
(1)	Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Neuberger Berman Group LLC 61-1591182
(2)	Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) Membership in Group is Disclaimed
(3)	SEC Use Only
(4)	Citizenship or Place of Organization Delaware
Number of Shares Beneficially Owned by Each Reporting Person With		(5)	Sole Voting Power 0
		(6)	Shared Voting Power 1,110,281
		(7)	Sole Dispositive Power 0
		(8)	Shared Dispositive Power 1,124,648
(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 1,124,648
(10)	Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions)
(11)	Percent of Class Represented by Amount in Row (9) 3.48%
(12)	Type of Reporting Person (See Instructions) HC


CUSIP No. 029683109
(1)	Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Neuberger Berman Investment Advisers LLC 02-0654486
(2)	Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) Membership in Group is Disclaimed
(3)	SEC Use Only
(4)	Citizenship or Place of Organization Delaware
Number of Shares Beneficially Owned by Each Reporting Person With		(5)	Sole Voting Power 0
		(6)	Shared Voting Power 1,109,256
		(7)	Sole Dispositive Power 0
		(8)	Shared Dispositive Power 1,123,623
(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 1,123,623
(10)	Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions)
(11)	Percent of Class Represented by Amount in Row (9) 3.47%
(12)	Type of Reporting Person (See Instructions) IA


CUSIP No. 029683109
(1)	Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Neuberger Berman Equity Funds 13-6068441
(2)	Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) Membership in Group is Disclaimed
(3)	SEC Use Only
(4)	Citizenship or Place of Organization Delaware
Number of Shares Beneficially Owned by Each Reporting Person With		(5)	Sole Voting Power 0
		(6)	Shared Voting Power 797,970
		(7)	Sole Dispositive Power 0
		(8)	Shared Dispositive Power 797,970
(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 797,970
(10)	Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions)
(11)	Percent of Class Represented by Amount in Row (9) 2.47
(12)	Type of Reporting Person (See Instructions) IV


CUSIP No. 029683109
(1)	Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Neuberger Berman Genesis Fund 13-3697433
(2)	Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) Membership in Group is Disclaimed
(3)	SEC Use Only
(4)	Citizenship or Place of Organization Delaware
Number of Shares Beneficially Owned by Each Reporting Person With		(5)	Sole Voting Power 0
		(6)	Shared Voting Power 797,970
		(7)	Sole Dispositive Power 0
		(8)	Shared Dispositive Power 797,970
(9)	Aggregate Amount Beneficially Owned by Each Reporting Person 797,970
(10)	Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions)
(11)	Percent of Class Represented by Amount in Row (9) 2.47%
(12)	Type of Reporting Person (See Instructions) IV

Item 1.

(a) Name of Issuer

AMERICAN SOFTWARE INC

(b) Address of Issuer's Principal Executive Offices

470 E PACES FERRY RD NE
ATLANTA, Georgia, 30305

Item 2.

(a) Name of Person Filing

Neuberger Berman Group LLC
Neuberger Berman Investment Advisers LLC
Neuberger Berman Equity Funds
Neuberger Berman Genesis Fund

(b) Address of Principal Business Office or, if none, Residence

1290 Avenue of the Americas
New York, NY 10104

(c) Citizenship

Delaware

(d) Title of Class of Securities

Common

(e) CUSIP Number

029683109

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

[ ]

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

[ ]

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

[ ]

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

[ ]

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);

(e)

[ ]

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

[ ]

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

[ ]

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

[ ]

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

[ ]

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

[ x ]

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4.

(a) Amount beneficially owned:

(b) Percent of class:

3.48%

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote

(ii) Shared power to vote or to direct the vote

1,110,281

(iii) Sole power to dispose or to direct the disposition of

(iv) Shared power to dispose or to direct the disposition of

1,124,648

Item 5. Ownership of Five Percent or Less of a Class

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

N/A

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

N/A

Item 8. Identification and Classification of Members of the Group.

N/A

Item 9. Notice of Dissolution of Group.

N/A

Item 10. Certification.

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: September 8, 2023

Neuberger Berman Group LLC
By:	/s/ Brad Cetron

	Name: Brad Cetron
	Title: Deputy General Counsel

Date: September 8, 2023

Neuberger Berman Investment Advisers LLC
By:	/s/ Brad Cetron

	Name: Brad Cetron
	Title: Deputy General Counsel

Date: September 8, 2023

Neuberger Berman Equity Funds
By:	/s/ Brian Kerrane

	Name: Brian Kerrane
	Title: Chief Operating Officer

Date: September 8, 2023

Neuberger Berman Genesis Fund
By:	/s/ Brian Kerrane

	Name: Brian Kerrane
	Title: Chief Operating Officer

Get the next $AMSWA alert in real time by email

Date

Price Target

Rating

Analyst

8/23/2024

$16.00 → $17.00

Buy

Maxim Group

6/6/2022

$23.00

Neutral → Buy

B. Riley Securities

12/20/2021

$26.00 → $36.00

Buy

Sidoti & Co.

11/19/2021

$34.00 → $38.00

Buy

Maxim Group

11/19/2021

$31.00

Buy → Neutral

B. Riley Securities

9/14/2021

$34.00

Buy

Maxim Group

SEC Form SC 13G/A filed by American Software Inc. (Amendment)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$AMSWA

SEC Form SC 13G/A filed by American Software Inc. (Amendment)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$AMSWA

$AMSWA
Analyst Ratings

Maxim Group reiterated coverage on American Software with a new price target

American Software upgraded by B. Riley Securities with a new price target

Sidoti & Co. reiterated coverage on American Software with a new price target

$AMSWA
Press Releases

American Software, Inc. Changes Name to Logility Supply Chain Solutions, Inc. and Updates NASDAQ Ticker Symbol to LGTY

Logility Client Named Recipient of 2024 Women in Supply Chain Award

American Software's Board Approves the Quarterly Cash Dividend

$AMSWA
SEC Filings

American Software Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by American Software Inc.

SEC Form S-8 filed by American Software Inc.

$AMSWA
Insider Trading

Amendment: SEC Form 4 filed by CFO Klinges Vincent C

Amendment: SEC Form 4 filed by CEO and President Dow H Allan

SEC Form 4 filed by VP & General Counsel Grant Mark Peterson

$AMSWA
Insider Purchases

Director Miller James B Jr bought $1,792 worth of shares (200 units at $8.96), increasing direct ownership by 0.05% to 416,351 units (SEC Form 4)

Director Miller James B Jr bought $34,014 worth of shares (3,718 units at $9.15) (SEC Form 4)

Director Miller James B Jr bought $2,443,499 worth of shares (271,518 units at $9.00), increasing direct ownership by 188% to 416,151 units (SEC Form 4)

$AMSWA
Leadership Updates

Logility Launches Additional Cutting-Edge Generative AI Capabilities Across its Digital Platform

American Software Reports Third Quarter of Fiscal Year 2023 Results

American Software Reports Second Quarter of Fiscal Year 2023 Results

$AMSWA
Financials

American Software's Board Approves the Quarterly Cash Dividend

American Software to Announce First Quarter Fiscal Year 2025 Preliminary Financial Results

American Software's Board Approves the Quarterly Cash Dividend

$AMSWA
Large Ownership Changes

SEC Form SC 13G filed by American Software Inc.