Amova Asset Management Boosts Stake in Ibotta

Investment firm increases holding in mobile commerce platform by 15.6%

Mar. 5, 2026 at 8:34am

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Amova Asset Management Americas Inc. has increased its stake in Ibotta, Inc. (NYSE:IBTA) by 15.6%, adding 172,314 shares in the third quarter. The investment firm now owns 1,279,652 shares, or about 5.07% of the company's stock, valued at $35.6 million.

Why it matters

Ibotta is a Denver-based mobile commerce platform that connects consumers, retailers and brands through a cash-back rewards program. The increase in Amova's stake suggests the investment firm sees long-term potential in Ibotta's business model and growth prospects.

The details

According to a recent 13F filing, Amova Asset Management lifted its position in Ibotta by 15.6% in the third quarter, adding 172,314 shares. The firm now owns 1,279,652 shares of the company's stock, worth approximately $35.6 million. Ibotta operates a mobile app and browser extension that allows shoppers to earn cash-back on everyday purchases from major retailers and brands.

  • Amova Asset Management increased its Ibotta stake in the third quarter of 2026.

The players

Amova Asset Management Americas Inc.

An investment management firm that has increased its stake in Ibotta, Inc.

Ibotta, Inc.

A Denver-based mobile commerce platform that connects consumers, retailers and brands through a cash-back rewards program.

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The takeaway

Amova Asset Management's increased investment in Ibotta suggests the firm sees long-term growth potential in the mobile commerce platform's business model, which centers around providing cash-back rewards to consumers for everyday purchases.