State Street Corp. Amends ATI Inc. Stake Filing
Ticker: ATI · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 1018963
| Field | Detail |
|---|---|
| Company | Ati Inc (ATI) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**State Street still holds ATI Inc. stock, no major changes.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 25, 2024, indicating its ownership of ATI Inc. common stock as of December 31, 2023. This filing updates their previous disclosure, showing their continued significant, though passive, stake in ATI Inc. For investors, this means a large institutional holder maintains its position, which can signal stability but doesn't suggest any immediate strategic changes for ATI Inc.
Why It Matters
This filing confirms State Street Corporation's ongoing passive ownership in ATI Inc., providing transparency on institutional holdings which can influence market perception and liquidity.
Risk Assessment
Risk Level: low — This is a routine amendment to a passive ownership filing, indicating no significant change in investment strategy or control.
Analyst Insight
A smart investor would note State Street's continued passive stake in ATI Inc. as a sign of institutional confidence, but recognize this filing doesn't signal any new strategic moves or significant changes in ownership percentage that would warrant immediate action.
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- ATI Inc. (company) — the subject company whose stock is being reported
- 01741R102 (other) — the CUSIP number for ATI Inc. common stock
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 AMENDED FILING' sections.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, as clearly identified under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET CORP' and '1. NAME OF REPORTING PERSON: STATE STREET CORPORATION'.
What is the subject company whose securities are being reported?
The subject company is ATI Inc., as indicated by 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ATI INC' and 'ATI INC (NAME OF ISSUER)'.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the common stock of ATI Inc. is 01741R102, as stated under 'CUSIP NUMBER: 01741R102'.
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, as specified under '12/31/2023 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding ATI INC (ATI).