Ziff Davis Amends 13G/A for Consensus Cloud Solutions Stake
Ticker: CCSI · Form: SC 13G/A · Filed: Feb 5, 2024 · CIK: 1866633
| Field | Detail |
|---|---|
| Company | Consensus Cloud Solutions, INC. (CCSI) |
| Form Type | SC 13G/A |
| Filed Date | Feb 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**Ziff Davis still holds Consensus Cloud Solutions stock, signaling continued passive investment.**
AI Summary
Ziff Davis, Inc. filed an amended SC 13G/A on February 5, 2024, indicating its ownership of Consensus Cloud Solutions, Inc. common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, confirms Ziff Davis's continued passive investment in Consensus Cloud Solutions. This matters to investors because it shows a significant institutional holder maintaining its position, which can signal confidence in the company's long-term prospects.
Why It Matters
This filing confirms Ziff Davis's ongoing passive investment in Consensus Cloud Solutions, providing transparency into a major shareholder's position.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a passive investor, indicating no immediate change in investment strategy or significant new risks.
Analyst Insight
Investors should note that Ziff Davis, a significant institutional holder, is maintaining its passive stake in Consensus Cloud Solutions. This suggests no immediate change in their investment thesis, which could be a positive signal for current or prospective shareholders.
Key Players & Entities
- Ziff Davis, Inc. (company) — the reporting person and investor
- Consensus Cloud Solutions, Inc. (company) — the subject company whose stock is owned
- December 31, 2023 (date) — the date of the event requiring the filing
- February 5, 2024 (date) — the filing date of the SC 13G/A amendment
- $0.01 (dollar_amount) — par value per share of Consensus Cloud Solutions 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 Ziff Davis, Inc., with a business address at 114 5th Avenue, New York, NY 10011.
What is the subject company whose securities are being reported?
The subject company is Consensus Cloud Solutions, Inc., located at 700 S. Flower Street, Legal Dept - 15th Floor, Los Angeles, CA 90017.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock, par value $0.01 per share, of Consensus Cloud Solutions, Inc. is 720848V105.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Stats: 741 words · 3 min read · ~2 pages · Grade level 7.9 · Accepted 2024-02-05 06:06:50
Key Financial Figures
- $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti
Filing Documents
- d711653dsc13ga.htm (SC 13G/A) — 33KB
- 0001193125-24-023371.txt ( ) — 35KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 5, 2024 Ziff Davis, Inc. By: /s/ Jeremy Rossen Name: Jeremy Rossen Title: Executive Vice President, General Counsel and Secretary