BlackRock Amends CRA International Stake (SC 13G/A)
Ticker: CRAI · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1053706
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its passive stake in CRA International.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, indicating a change in their ownership of CRA International, Inc. common stock as of December 31, 2023. This is Amendment No. 15, filed under Rule 13d-1(b), which means BlackRock is a passive institutional investor. This matters to investors because it provides transparency into significant institutional ownership changes, which can influence market perception and stock stability.
Why It Matters
This filing shows that a major institutional investor, BlackRock, has updated its passive ownership position in CRA International, Inc., which can signal shifts in institutional confidence.
Risk Assessment
Risk Level: low — This filing is routine for large institutional investors and does not indicate any immediate high-risk events for the company.
Analyst Insight
Investors should note that BlackRock, a major institutional player, has updated its passive stake. While not a direct buy/sell signal, it's a data point for tracking institutional sentiment and ownership stability in CRA International, Inc.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- CRA International, Inc. (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 26, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this and what does it signify?
This is an SC 13G/A filing, specifically Amendment No. 15, filed by BlackRock Inc. It signifies an amendment to a previous Schedule 13G filing, indicating a change in their passive ownership stake in CRA International, Inc. as of December 31, 2023.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., a large institutional investment manager based at 50 Hudson Yards, New York, NY.
What is the subject company of this filing?
The subject company is CRA International, Inc., located at 200 Clarendon Street, Boston, MA. The filing concerns their Common Stock.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), which typically applies to institutional investors like BlackRock who acquire beneficial ownership of more than 5% of a class of a company's equity securities in the ordinary course of business and without the purpose or effect of changing or influencing control of the issuer.
What is the CUSIP number for the securities mentioned in the filing?
The CUSIP number for the Common Stock of CRA International, Inc. is 12618T105.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding CRA INTERNATIONAL, INC. (CRAI).