BlackRock Amends Jack Henry & Associates Stake (17th Amendment)
Ticker: JKHY · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 779152
| Field | Detail |
|---|---|
| Company | Jack Henry & Associates Inc (JKHY) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, ownership-change
TL;DR
**BlackRock updated its Jack Henry & Associates Inc. holdings, 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 stake in Jack Henry & Associates Inc. as of December 31, 2023. This filing, Amendment No. 17, updates BlackRock's previously reported holdings of Jack Henry & Associates Inc. Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its investment strategy or outlook on the company, potentially influencing other investors' perceptions and the stock's performance.
Why It Matters
Large institutional investors like BlackRock often have significant research capabilities, so their buying or selling activity can be seen as a vote of confidence or concern, potentially impacting the stock price.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently indicate a high level of risk for the company or its shareholders.
Analyst Insight
An investor should review the full SC 13G/A filing to understand the specific changes in BlackRock's ownership percentage and then consider this information in the context of Jack Henry & Associates Inc.'s recent financial performance and future outlook before making any investment decisions.
Key Players & Entities
- BlackRock Inc. (company) — the entity filing the SC 13G/A
- JACK HENRY & ASSOCIATES INC (company) — the subject company whose shares 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: 17 (number) — the specific amendment number of the filing
Forward-Looking Statements
- BlackRock's updated stake in Jack Henry & Associates Inc. will be closely watched by other institutional investors. (BlackRock Inc.) — high confidence, target: Q1 2024
- The stock price of Jack Henry & Associates Inc. may experience minor fluctuations based on the market's interpretation of BlackRock's updated position. (JACK HENRY & ASSOCIATES INC) — medium confidence, target: February 2024
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 stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 17)' sections.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated in the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What company's securities are the subject of this filing?
The securities of JACK HENRY & ASSOCIATES INC are the subject of this filing, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JACK HENRY & ASSOCIATES INC'.
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 under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of JACK HENRY & ASSOCIATES INC is 426281101, as listed under '(CUSIP Number) 426281101'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding JACK HENRY & ASSOCIATES INC (JKHY).