FMR LLC & Abigail Johnson Disclose 4.407% Stake in CoreCivic (CXW)
Ticker: CXW · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 1070985
| Field | Detail |
|---|---|
| Company | Corecivic, INC. (CXW) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, stake-disclosure
TL;DR
**FMR LLC and Abigail Johnson now own 4.407% of CoreCivic (CXW).**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their holdings in CoreCivic, Inc. (CXW) as of February 9, 2024. They now beneficially own 5,007,597 shares, representing 4.407% of the company's common stock. This is an amendment to a previous filing, indicating a change in their ownership stake, which matters to investors as it shows a significant institutional investor's current level of commitment to the company.
Why It Matters
This filing reveals a prominent institutional investor's current position in CoreCivic, which can influence market perception and investor confidence in the stock.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of ownership by a large institutional investor and does not inherently signal high risk.
Analyst Insight
Investors should note that a major institutional investor like FMR LLC holds a significant stake, which could be seen as a vote of confidence, but this filing alone doesn't suggest immediate action. Monitor future filings for changes in their position.
Key Numbers
- 5,007,597 — Shares Beneficially Owned (Total shares of CoreCivic common stock owned by FMR LLC and Abigail P. Johnson.)
- 4.407% — Percentage of Class (The percentage of CoreCivic's common stock beneficially owned by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- CoreCivic, Inc. (company) — the issuer of the securities
- 5,007,597 (dollar_amount) — total shares beneficially owned
- 4.407% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- FMR LLC will maintain a significant, but potentially fluctuating, stake in CoreCivic, Inc. over the next year. (FMR LLC) — medium confidence, target: 2025-02-09
FAQ
Who are the reporting persons in this SC 13G/A filing?
The reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing.
What is the CUSIP number for CoreCivic, Inc. common stock?
The CUSIP number for CoreCivic, Inc. common stock is 21871N101, as listed in the filing.
What percentage of CoreCivic, Inc. common stock is beneficially owned by the reporting persons?
FMR LLC and Abigail P. Johnson beneficially own 4.407% of CoreCivic, Inc. common stock, as indicated in Item 11 for both reporting persons.
What is the total number of shares beneficially owned by FMR LLC and Abigail P. Johnson?
Both FMR LLC and Abigail P. Johnson beneficially own 5,007,597 shares of CoreCivic, Inc. common stock, as shown in Item 7 and Item 9 for both reporting persons.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding CoreCivic, Inc. (CXW).