Morgan Stanley Amends Key Tronic Corp Stake (SC 13G/A)
Ticker: KTCC · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 719733
| Field | Detail |
|---|---|
| Company | Key Tronic Corp (KTCC) |
| Form Type | SC 13G/A |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**Morgan Stanley still holds KTCC shares, filing their 9th amendment.**
AI Summary
Morgan Stanley filed an amended Schedule 13G/A on February 8, 2024, indicating their ownership of Key Tronic Corp (KTCC) common stock as of December 31, 2023. This is the ninth amendment to their filing, showing a continued, but not necessarily changed, passive investment in the company. For investors, this filing confirms Morgan Stanley's ongoing position as a significant institutional holder, which can lend some stability or perceived validation to KTCC's stock.
Why It Matters
This filing confirms Morgan Stanley's continued passive ownership in Key Tronic Corp, signaling their ongoing interest in the company's common stock.
Risk Assessment
Risk Level: low — This is a routine amendment by an institutional investor, indicating passive ownership and not suggesting any immediate risk or major change in company control.
Analyst Insight
A smart investor would note Morgan Stanley's continued passive stake as a sign of institutional interest, but recognize this filing doesn't indicate any new strategic moves or significant changes in ownership percentage without further details.
Key Players & Entities
- Morgan Stanley (company) — filer of the SC 13G/A amendment
- Key Tronic Corp (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 8, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this and who filed it?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It was filed by Morgan Stanley regarding their ownership in Key Tronic Corp.
What is the purpose of an SC 13G/A filing?
An SC 13G/A is an amendment to a Schedule 13G, used by passive institutional investors to report their beneficial ownership of 5% or more of a company's stock. The 'A' signifies it's an amendment to a previous filing.
What is the CUSIP number for Key Tronic Corp's Common Stock mentioned in the filing?
The CUSIP number for Key Tronic Corp's Common Stock is 493144109, as stated in the filing.
When was the event date that required this filing?
The date of the event which required this filing was December 31, 2023.
How many amendments has Morgan Stanley filed for Key Tronic Corp's common stock?
This filing is Amendment No. 9, indicating Morgan Stanley has filed nine amendments regarding their ownership in Key Tronic Corp's common stock.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 8, 2024 regarding KEY TRONIC CORP (KTCC).