BlackRock Amends Keysight Tech Stake, Filing SC 13G/A
Ticker: KEYS · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1601046
| Field | Detail |
|---|---|
| Company | Keysight Technologies, INC. (KEYS) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock just updated its Keysight Technologies ownership, keep an eye on their stake!**
AI Summary
BlackRock, Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership in Keysight Technologies, Inc. as of December 31, 2023. This amendment, number 12, updates their previous disclosures regarding their stake in Keysight's Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in their reported holdings can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership in Keysight Technologies, Inc., providing transparency on a major institutional investor's position, which can influence market sentiment.
Risk Assessment
Risk Level: low — This is a routine disclosure of institutional ownership and does not inherently present a significant risk to investors.
Analyst Insight
Investors should note BlackRock's continued presence as a significant shareholder in Keysight Technologies, Inc. and monitor future filings for any substantial changes in their reported ownership percentage, which could signal a shift in their investment thesis.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- Keysight Technologies, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- January 24, 2024 (date) — the filing date of the SC 13G/A
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: 12'.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.'.
What is the subject company whose securities are being reported?
The subject company is Keysight Technologies, Inc., identified as 'KEYSIGHT TECHNOLOGIES INC (Name of Issuer)'.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified under 'Date of Event Which Requires Filing of this Statement'.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of Keysight Technologies, Inc. is 49338L103, as listed under 'CUSIP No. 49338L103'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding Keysight Technologies, Inc. (KEYS).