BlackRock Amends MAXIMUS Stake, Signals Ownership Change
Ticker: MMS · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 1032220
| Field | Detail |
|---|---|
| Company | Maximus, Inc. (MMS) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock just updated its MAXIMUS stake, watch for market reaction.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 23, 2024, indicating a change in their ownership of MAXIMUS, INC. common stock as of December 31, 2023. This is the 17th amendment to their Schedule 13G filing for MAXIMUS, INC. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing other investors' decisions.
Why It Matters
Changes in significant institutional ownership, like BlackRock's, can influence market sentiment and stock price, as large investors often have deep research capabilities.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and doesn't inherently signal high risk, but rather a change in ownership percentage.
Analyst Insight
Investors should review the full SC 13G/A filing to understand the specific change in BlackRock's ownership percentage and consider if this aligns with their own investment thesis for MAXIMUS, INC.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- MAXIMUS, INC. (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
- 577933104 (number) — the CUSIP number for MAXIMUS, INC. common stock
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 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 17)'.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What company's stock is the subject of this filing?
The subject company is MAXIMUS, INC., as indicated by 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAXIMUS, INC.' and 'MAXIMUS 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)'.
How many amendments have there been to BlackRock's Schedule 13G for MAXIMUS, INC.?
This is the 17th amendment to BlackRock's Schedule 13G for MAXIMUS, INC., as stated in the title 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 17)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding MAXIMUS, INC. (MMS).