Bard Associates Updates Passive Stake in SilverSun Technologies
Ticker: QXO-PB · Form: SC 13G/A · Filed: Jan 4, 2024 · CIK: 1236275
| Field | Detail |
|---|---|
| Company | Silversun Technologies, Inc. (QXO-PB) |
| Form Type | SC 13G/A |
| Filed Date | Jan 4, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**Bard Associates still holds SilverSun stock, no major changes.**
AI Summary
Bard Associates Inc. filed an amended Schedule 13G/A on January 4, 2024, indicating their ownership of SilverSun Technologies, Inc. common stock as of December 31, 2023. This filing, under Rule 13d-1(b), updates their previous disclosure regarding their passive investment in the company. For investors, this matters because it provides transparency into a significant institutional holder's position, confirming their continued interest in SilverSun Technologies without suggesting any immediate change in strategy.
Why It Matters
This filing confirms Bard Associates' continued passive ownership in SilverSun Technologies, providing transparency to investors about a key institutional holder's position.
Risk Assessment
Risk Level: low — This is a routine amendment to a passive ownership filing, indicating no immediate significant risk or change in company control.
Analyst Insight
Investors should note that Bard Associates Inc. continues to hold a passive stake in SilverSun Technologies, suggesting no immediate change in their investment thesis or intent to influence company management. This filing is a routine update, not signaling any new bullish or bearish developments.
Key Players & Entities
- Bard Associates Inc. (company) — the entity filing the SC 13G/A
- SilverSun Technologies, Inc. (company) — the issuer of the securities
- December 31, 2023 (date) — the date of the event requiring the filing
- January 4, 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 under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is Bard Associates Inc., located at 135 S. LaSalle St., Suite 3700, Chicago, IL 60603.
What is the subject company of this filing?
The subject company is SilverSun Technologies, Inc., with its business address at 120 Eagle Rock Ave, East Hanover, NJ 07936.
What is the CUSIP number for the class of securities mentioned?
The CUSIP number for the Common Stock of SilverSun Technologies is 82846H207.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the 'x' in the appropriate box.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 4, 2024 regarding SilverSun Technologies, Inc. (QXO-PB).