BlackRock Amends AMERISAFE Stake as of Dec 31, 2023
Ticker: AMSF · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1018979
| Field | Detail |
|---|---|
| Company | Amerisafe Inc (AMSF) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its AMERISAFE stake, signaling continued institutional interest.**
AI Summary
BlackRock Inc. has updated its ownership stake in AMERISAFE INC, a fire, marine & casualty insurance company, as of December 31, 2023. This Schedule 13G/A filing, an amendment to a previous filing, indicates BlackRock's continued significant, though passive, investment in AMERISAFE. This matters to investors because BlackRock is one of the world's largest asset managers, and their holdings can signal institutional confidence or changes in investment strategy for AMERISAFE stock.
Why It Matters
This filing shows BlackRock's updated position in AMERISAFE, providing transparency into a major institutional investor's holdings and potential influence.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
A smart investor would note BlackRock's continued presence as a significant shareholder in AMERISAFE, but recognize this routine update doesn't signal an immediate buy or sell action. It's a data point for understanding institutional interest.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- AMERISAFE INC (company) — the subject company in which BlackRock holds shares
- December 31, 2023 (date) — the date of the event requiring this filing
- 03071H100 (other) — the CUSIP number for AMERISAFE INC Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., a security brokers, dealers & flotation company based in New York, NY.
What is the subject company of this filing?
The subject company is AMERISAFE INC, a fire, marine & casualty insurance company located in DeRidder, LA.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of AMERISAFE INC is 03071H100.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding AMERISAFE INC (AMSF).