BlackRock Amends IDEX Corp Stake, Files SC 13G/A on Jan 25
Ticker: IEX · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 832101
| Field | Detail |
|---|---|
| Company | Idex Corp /De/ (IEX) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its IDEX Corp stake, signaling a potential shift in institutional sentiment.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, indicating a change in its ownership of IDEX CORP /DE/ common stock as of December 31, 2023. This filing, Amendment No. 15, updates BlackRock's previously reported stake in IDEX CORP /DE/. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal its sentiment towards the company, potentially influencing other investors and the stock price.
Why It Matters
This filing shows an updated snapshot of a major institutional investor's position in IDEX CORP /DE/, which can influence market perception and trading activity for the stock.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not inherently pose a significant risk to the company or its shareholders.
Analyst Insight
Investors should note BlackRock's updated position in IDEX CORP /DE/ and consider researching the specific changes in share count (which are not detailed in this excerpt) to understand the implications for their own investment thesis.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- IDEX CORP /DE/ (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 15 (number) — the specific amendment number of this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 15' in the filing.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' and '(1)Names of reporting persons. BlackRock, Inc.'.
What is the subject company whose securities are being reported?
The subject company is IDEX CORP /DE/, as indicated by 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IDEX CORP /DE/' and '(Name of Issuer) IDEX CORP'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified by '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of IDEX CORP is 45167R104, as listed under '(CUSIP Number) 45167R104'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding IDEX CORP /DE/ (IEX).