Grace & White Amends Broadwind Stake (BWEN) as of Dec 31, 2023
Ticker: BWEN · Form: SC 13G/A · Filed: Feb 5, 2024 · CIK: 1120370
| Field | Detail |
|---|---|
| Company | Broadwind, Inc. (BWEN) |
| Form Type | SC 13G/A |
| Filed Date | Feb 5, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, beneficial-ownership
TL;DR
**Grace & White updated their Broadwind (BWEN) stake, watch for market reaction.**
AI Summary
Grace & White Inc. has updated its ownership stake in Broadwind, Inc. (BWEN) as of December 31, 2023, through an SC 13G/A filing. This amendment, the 12th for this reporting person, indicates a change in their beneficial ownership of Broadwind's Common Stock. Investors should note this filing as it reflects a significant institutional investor's current position, which can influence market sentiment and potentially signal confidence or concern in the company's future performance.
Why It Matters
This filing shows an institutional investor's updated position in Broadwind, Inc., which can impact investor confidence and potentially influence the stock's trading activity.
Risk Assessment
Risk Level: low — This filing is an update to an existing ownership report and does not inherently introduce new risks, but rather provides transparency.
Analyst Insight
An investor should monitor subsequent filings from Grace & White Inc. to track any further changes in their Broadwind, Inc. stake, as significant increases or decreases could signal a shift in their investment thesis.
Key Numbers
- 12 — Amendment Number (This is the 12th amendment to Grace & White Inc.'s Schedule 13G filing for Broadwind, Inc., indicating ongoing adjustments to their reported ownership.)
- 11161T207 — CUSIP Number (This unique identifier confirms the specific class of securities, Common Stock, $0.001 par value, of Broadwind, Inc. being reported.)
Key Players & Entities
- Grace & White Inc /NY (company) — the entity filing the SC 13G/A, reporting beneficial ownership in Broadwind, Inc.
- BROADWIND, INC. (company) — the subject company whose securities are being reported on
- 0000903064-24-000002 (dollar_amount) — the accession number for this specific SEC filing
- December 31, 2023 (date) — the date as of which the beneficial ownership information is being reported
FAQ
What type of filing is this and what does it generally indicate?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It generally indicates that an institutional investor, in this case, Grace & White Inc., is updating its beneficial ownership of more than 5% of a company's stock, Broadwind, Inc., as of a specific date.
Who is the 'subject company' in this filing?
The subject company is BROADWIND, INC., identified by its CIK 0001120370 and CUSIP 11161T207 for its Common Stock, $0.001 par value.
Who is the 'filing person' for this SC 13G/A?
The filing person is GRACE & WHITE INC /NY, with CIK 0000903064, located at 515 Madison Ave, Suite 1700, NY, NY 10022.
What is the 'as of' date for the information provided in this amendment?
The information in this amendment is reported 'as of' December 31, 2023, as stated on the Schedule 13G/A form.
What is the significance of 'Amendment No. 12' mentioned in the filing?
Amendment No. 12 signifies that this is the twelfth update or revision Grace & White Inc. has filed regarding its beneficial ownership of Broadwind, Inc. since its initial Schedule 13G filing, indicating a history of adjustments to their stake.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 5, 2024 regarding BROADWIND, INC. (BWEN).