FMR LLC & Abigail Johnson Maintain 11.6% Stake in FirstCash Holdings
Ticker: FCFS · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 840489
| Field | Detail |
|---|---|
| Company | Firstcash Holdings, Inc. (FCFS) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**FMR LLC still owns over 11% of FirstCash, signaling strong institutional conviction!**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in FirstCash Holdings, Inc. (NASDAQ: FCFS) to 11.601%, representing 5,233,063 shares of common stock. This amendment, filed on February 9, 2024, indicates a significant, continued investment by FMR LLC in FirstCash. This matters to investors because a large institutional holder maintaining such a substantial position can signal confidence in the company's future prospects, potentially influencing other investors' perceptions and the stock's stability.
Why It Matters
This filing shows that a major institutional investor, FMR LLC, continues to hold a significant portion of FirstCash Holdings, which can be a vote of confidence in the company's long-term value.
Risk Assessment
Risk Level: low — This filing indicates a stable, significant institutional holding, which generally reduces volatility and perceived risk for the stock.
Analyst Insight
A smart investor would view this as a positive signal, suggesting that a major institutional player sees long-term value in FirstCash Holdings. It might encourage further research into the company's fundamentals, as large, stable institutional ownership often correlates with perceived stability and growth potential.
Key Numbers
- 5,233,063 — Shares Beneficially Owned (Total common stock shares of FirstCash Holdings, Inc. held by FMR LLC and Abigail P. Johnson.)
- 11.601% — Percentage of Class Owned (The combined ownership percentage of FirstCash Holdings, Inc. common stock by FMR LLC and Abigail P. Johnson.)
- February 9, 2024 — Filing Date (The date this SC 13G/A amendment was filed, indicating the recency of the reported ownership.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- FirstCash Holdings, Inc. (company) — the issuer of the securities
- 5,233,063 (dollar_amount) — total shares beneficially owned
- 11.601% (dollar_amount) — percentage of class owned
Forward-Looking Statements
- FMR LLC will maintain a significant ownership stake in FirstCash Holdings, Inc. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
- The continued institutional ownership by FMR LLC will contribute to the stability of FirstCash Holdings, Inc.'s stock price. (FirstCash Holdings, Inc.) — medium confidence, target: 2024-08-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing for FirstCash Holdings, Inc.?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing.
What is the total number of shares of FirstCash Holdings, Inc. common stock beneficially owned by the reporting persons?
The reporting persons, FMR LLC and Abigail P. Johnson, beneficially own a total of 5,233,063 shares of FirstCash Holdings, Inc. common stock, as indicated in Item 7 and Item 9 for both reporting persons.
What percentage of FirstCash Holdings, Inc.'s common stock do FMR LLC and Abigail P. Johnson collectively own?
FMR LLC and Abigail P. Johnson collectively own 11.601% of FirstCash Holdings, Inc.'s common stock, as detailed in Item 11 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 at the beginning of the filing.
What is the CUSIP number for FirstCash Holdings, Inc. common stock?
The CUSIP number for FirstCash Holdings, Inc. common stock is 33768G107, as stated in the filing under 'Cusip #33768G107' and Item 2(e).
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 FirstCash Holdings, Inc. (FCFS).