FMR LLC & Abigail Johnson Disclose 13.11% Stake in Masimo Corp
Ticker: MASI · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 937556
| Field | Detail |
|---|---|
| Company | Masimo CORP (MASI) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**FMR LLC and Abigail Johnson still own over 13% of Masimo, a big vote of confidence!**
AI Summary
FMR LLC, a major investment firm, and its CEO, Abigail P. Johnson, have updated their ownership stake in Masimo Corp. As of December 31, 2023, they collectively beneficially own 6,927,572 shares of Masimo's common stock, representing 13.110% of the company. This filing indicates a significant, continued institutional interest in Masimo, which could be seen as a vote of confidence for current shareholders and potential buyers.
Why It Matters
This filing shows that a major institutional investor, FMR LLC, and its top executive, Abigail P. Johnson, maintain a substantial ownership in Masimo, signaling their continued belief in the company's future performance.
Risk Assessment
Risk Level: low — This filing is an update on a significant institutional holding, which generally indicates stability rather than immediate risk.
Analyst Insight
A smart investor would view this continued significant institutional ownership by FMR LLC as a positive signal, suggesting long-term confidence in Masimo's business, and might consider it a factor when evaluating their own investment in the stock.
Key Numbers
- 6,927,572 — Shares Beneficially Owned (Total shares of Masimo Corp. common stock owned by FMR LLC and Abigail P. Johnson.)
- 13.110% — Percent of Class (The percentage of Masimo Corp.'s common stock beneficially owned by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, likely CEO of FMR LLC
- MASIMO CORP (company) — the issuer of the securities
- 6,927,572 (dollar_amount) — total shares beneficially owned
- 13.110% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- FMR LLC will maintain a significant stake in Masimo Corp. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing for Masimo Corp?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing for each reporting person.
What is the total number of Masimo Corp. common shares beneficially owned by FMR LLC and Abigail P. Johnson?
Both FMR LLC and Abigail P. Johnson beneficially own 6,927,572 shares of Masimo Corp. common stock, as indicated in Item 7 and Item 9 for each reporting person, and Item 4(a) for FMR LLC.
What percentage of Masimo Corp.'s common stock do FMR LLC and Abigail P. Johnson collectively own?
They collectively own 13.110% of Masimo Corp.'s common stock, as stated in Item 11 for both FMR LLC and Abigail P. Johnson, and Item 4(b) for FMR LLC.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed pursuant to Rule 13d-1(b), as indicated by the checked box in the filing and explicitly stated in Item 3.
What is the business address of the issuer, Masimo Corp.?
The business address of Masimo Corp. is 52 DISCOVERY, IRVINE, CA 92618 USA, as listed in Item 1(b) of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding MASIMO CORP (MASI).