BlackRock Amends Manhattan Associates Stake (SC 13G/A)
Ticker: MANH · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1056696
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Manhattan Associates, watch for market reaction.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, indicating a change in its ownership of Manhattan Associates Inc. common stock as of December 31, 2023. This filing, Amendment No. 18, updates their previous disclosures regarding their passive investment in the software company. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or investment strategy regarding Manhattan Associates Inc. stock.
Why It Matters
This filing shows BlackRock's updated passive ownership in Manhattan Associates, which can influence market perception and potentially stock price due to the size and influence of BlackRock.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate significant risk.
Analyst Insight
Investors should note BlackRock's continued passive interest in Manhattan Associates Inc. and monitor future filings for any significant changes in their ownership percentage, which could signal a shift in their investment thesis.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Manhattan Associates Inc. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the filing date of the SC 13G/A
- Amendment No: 18 (number) — the specific amendment number for 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, specifically Amendment No. 18, filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., a company with a Central Index Key (CIK) of 0001364742, located at 50 Hudson Yards, New York, NY 10001.
What is the subject company whose securities are being reported?
The subject company is MANHATTAN ASSOCIATES INC, with a CIK of 0001056696, whose common stock is the subject of this filing.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Manhattan Associates Inc. is 562750109.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding MANHATTAN ASSOCIATES INC (MANH).