BlackRock Amends AGILYSYS Stake, Signals Portfolio Adjustment
Ticker: AGYS · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 78749
| Field | Detail |
|---|---|
| Company | Agilysys Inc (AGYS) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, portfolio-change
TL;DR
**BlackRock updated its AGILYSYS stake, watch for details on their new position!**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 23, 2024, indicating a change in its ownership of AGILYSYS INC common stock as of December 31, 2023. This is the 16th amendment to their Schedule 13G filing for AGILYSYS INC. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their sentiment about the company's future prospects, potentially influencing other investors.
Why It Matters
Changes in large institutional holdings like BlackRock's can influence stock price and investor confidence, as it reflects a major player's updated view on the company's value.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently signal high risk, but rather a change in ownership.
Analyst Insight
Investors should look for the full details of this SC 13G/A to understand BlackRock's updated percentage of ownership in AGILYSYS INC, as this information is crucial for assessing institutional sentiment and potential impact on the stock.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- AGILYSYS INC (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
- 16 (number) — the amendment number for this Schedule 13G filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 16)' sections.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated in the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What company's securities are the subject of this filing?
The securities of AGILYSYS INC are the subject of this filing, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AGILYSYS INC'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, according to the filing.
How many amendments have there been to BlackRock's Schedule 13G for AGILYSYS INC, including this one?
This is the 16th amendment to BlackRock's Schedule 13G for AGILYSYS INC, as indicated by '(Amendment No: 16)' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding AGILYSYS INC (AGYS).