BlackRock Amends Nicolet Bankshares Stake as of Dec 31, 2023
Ticker: NIC · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1174850
| Field | Detail |
|---|---|
| Company | Nicolet Bankshares Inc (NIC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Nicolet Bankshares, signaling a minor portfolio adjustment.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 26, 2024, indicating a change in its ownership stake in Nicolet Bankshares Inc. as of December 31, 2023. This amendment, number 4, updates BlackRock's passive investment position in Nicolet Bankshares' Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its confidence or strategy regarding Nicolet Bankshares, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated passive investment in Nicolet Bankshares, which can be a signal to other investors about the stock's attractiveness to large institutions.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
An investor should note that BlackRock, a major institutional investor, continues to hold a passive stake in Nicolet Bankshares, suggesting ongoing, albeit passive, confidence in the company. No immediate action is required based on this routine update.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- Nicolet Bankshares Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 26, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 4, as stated in the filing.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as identified in item (1) of the cover page and the 'FILED BY' section.
What is the name of the issuer whose securities are being reported?
The issuer is NICOLET BANKSHARES INC, as stated under 'Name of Issuer' on the Schedule 13G.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Nicolet Bankshares Inc. is 65406E102, as listed on the Schedule 13G.
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, as specified on the Schedule 13G.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding NICOLET BANKSHARES INC (NIC).