BlackRock Amends Calix Stake, Updates Passive Investment Position
Ticker: CALX · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 1406666
| Field | Detail |
|---|---|
| Company | Calix, Inc (CALX) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock just updated its Calix stake, signaling a passive investment change.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 23, 2024, indicating a change in its ownership of Calix Inc. common stock as of December 31, 2023. This amendment (Amendment No. 5) shows BlackRock's updated passive investment position in Calix, a communication services company. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in confidence or strategy regarding Calix stock.
Why It Matters
This filing shows BlackRock's updated ownership in Calix, providing transparency on a major institutional investor's position, which can influence market perception and trading decisions.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued, albeit updated, passive stake in Calix Inc. and consider it as part of the broader institutional ownership landscape when evaluating the stock.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Calix Inc. (company) — the subject company whose securities are 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 amendment
- Amendment No. 5 (number) — the specific amendment number for this filing
FAQ
What type of filing is this and who filed it?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It was filed by BlackRock Inc. regarding its ownership in Calix Inc.
What is the purpose of an SC 13G/A filing?
An SC 13G/A is an amendment to a Schedule 13G, used by passive institutional investors (owning less than 20% of a company's stock) to report changes in their beneficial ownership of a company's securities. This specific filing is Amendment No. 5.
What is the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023, as stated in the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' in the appropriate box on the cover page.
What is the CUSIP number for Calix Inc. common stock mentioned in the filing?
The CUSIP number for Calix Inc. common stock is 13100M509, as listed on the cover page of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding CALIX, INC (CALX).