BlackRock Amends Mativ Holdings Stake (SC 13G/A)
Ticker: MATV · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1000623
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock just updated its Mativ Holdings stake; watch for ownership changes.**
AI Summary
BlackRock Inc. has filed an amendment to its Schedule 13G for Mativ Holdings, Inc. as of December 31, 2023. This filing, Amendment No. 16, indicates a change in BlackRock's beneficial ownership of Mativ Holdings' Common Stock. While the exact percentage change isn't detailed in this snippet, the amendment suggests BlackRock's holdings have shifted, which is important for investors as BlackRock is a major institutional investor and its movements can signal confidence or concern in the stock.
Why It Matters
This filing shows BlackRock, a major institutional investor, has updated its stake in Mativ Holdings, which can influence investor sentiment and potentially the stock price.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor, not indicating any immediate high-risk event.
Analyst Insight
Investors should look for the full filing to see the updated percentage of Mativ Holdings stock owned by BlackRock to gauge any significant shifts in institutional confidence.
Key Numbers
- 16 — Amendment Number (This is the sixteenth amendment to BlackRock's Schedule 13G filing for Mativ Holdings, indicating ongoing adjustments to their ownership.)
- 808541106 — CUSIP Number (This unique identifier confirms the specific class of securities (Common Stock) of Mativ Holdings, Inc. being reported.)
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A amendment
- Mativ Holdings, Inc. (company) — the subject company whose common stock is being reported on
- December 31, 2023 (date) — the date of the event requiring the filing of this statement
- Amendment No: 16 (number) — the specific amendment number for this Schedule 13G filing
Forward-Looking Statements
- BlackRock's total beneficial ownership percentage in Mativ Holdings, Inc. has changed since its last filing. (BlackRock Inc.) — high confidence, target: N/A (already occurred)
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.
Which company is the subject of this filing?
The subject company is Mativ Holdings, Inc., identified by the CIK 0001000623 and the CUSIP Number 808541106 for its Common Stock.
Who is the reporting person making this filing?
The reporting person is BlackRock Inc., identified by the CIK 0001364742.
What is the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires filing of this statement is December 31, 2023.
What rule is designated for this Schedule 13G filing?
The appropriate box checked designates Rule 13d-1(b) for this Schedule 13G filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding Mativ Holdings, Inc. (MATV).