BlackRock Amends CODEXIS Stake, Signals Position as of Dec 31, 2023
Ticker: CDXS · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1200375
| Field | Detail |
|---|---|
| Company | Codexis, Inc. (CDXS) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its CODEXIS stake as of year-end 2023; watch for changes in their next filing.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership of CODEXIS, INC. common stock as of December 31, 2023. This filing, Amendment No. 8, updates their previous disclosures regarding their stake in the industrial organic chemicals company. For investors, this matters because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in CODEXIS's future prospects, potentially influencing other investors' decisions.
Why It Matters
This filing shows BlackRock's updated ownership in CODEXIS, providing transparency on a major institutional investor's position, which can influence market sentiment.
Risk Assessment
Risk Level: low — This is a routine disclosure filing by a large institutional investor and does not inherently signal high risk.
Analyst Insight
Investors should monitor future SC 13G/A filings from BlackRock to track any significant changes in their ownership percentage of CODEXIS, INC., as this could indicate a shift in their investment thesis.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- CODEXIS, INC. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 8 (number) — the specific amendment number of the filing
Forward-Looking Statements
- BlackRock will continue to be a significant institutional holder of CODEXIS, INC. stock. (BlackRock Inc.) — high confidence, target: next 12 months
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 CODEXIS, INC.
What is the CUSIP number for the securities discussed in this filing?
The CUSIP number for the Common Stock of CODEXIS, INC. is 192005106, as stated in the filing.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which required this filing was December 31, 2023, as specified in the document.
What rule under the Securities Exchange Act of 1934 is this Schedule filed pursuant to?
This Schedule is filed pursuant to Rule 13d-1(b) of the Securities Exchange Act of 1934, indicated by the 'X' in the appropriate box.
What is the business address of the subject company, CODEXIS, INC.?
The business address for CODEXIS, INC. is 200 PENOBSCOT DRIVE, REDWOOD CITY, CA 94063, with a business phone of 650-421-8100, according to the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding CODEXIS, INC. (CDXS).