Artisan Partners Discloses 5.4% Passive Stake in RxSight (RXST)

TL;DR

**Artisan Partners just bought 5.4% of RxSight, a big institutional vote of confidence.**

AI Summary

Artisan Partners Limited Partnership, a Milwaukee-based investment firm, reported a significant passive stake in RxSight, Inc. (NASDAQ: RXST) as of December 31, 2023. They now beneficially own 3,000,000 shares of RxSight's Common Stock, representing 5.4% of the company. This matters to investors because it signals a major institutional investor sees value in RxSight, potentially boosting confidence and attracting further investment in the ophthalmic goods company.

Why It Matters

A large institutional investment firm taking a significant stake can be seen as a vote of confidence, potentially leading to increased investor interest and a positive impact on the stock price.

Risk Assessment

Risk Level: low — This filing indicates a passive investment, meaning Artisan Partners is not seeking to influence management, which generally poses low risk to existing shareholders.

Analyst Insight

A smart investor would view this as a positive signal, potentially researching RxSight's fundamentals to see if the company aligns with their investment strategy, given the institutional vote of confidence.

Key Numbers

• 3,000,000 — Shares Beneficially Owned (Represents the total number of RxSight shares Artisan Partners now owns.)
• 5.4% — Percentage of Class (Indicates the significant portion of RxSight's common stock now held by Artisan Partners.)

Key Players & Entities

• Artisan Partners Limited Partnership (company) — the reporting person acquiring shares
• RxSight, Inc. (company) — the subject company whose shares were acquired
• 3,000,000 (dollar_amount) — shares beneficially owned by Artisan Partners
• 5.4% (dollar_amount) — percentage of class beneficially owned by Artisan Partners
• December 31, 2023 (person) — date of event requiring the filing

Forward-Looking Statements

• RxSight's stock price may see a short-term positive reaction due to increased institutional interest. (RxSight, Inc.) — medium confidence, target: 2024-03-12
• Other institutional investors might initiate or increase their positions in RxSight, following Artisan Partners' lead. (RxSight, Inc.) — low confidence, target: 2024-06-30

FAQ

Filing Documents

• d755022dsc13g.htm (SC 13G) — 76KB
• d755022dex991.htm (EX-99.1) — 4KB
• g755022dsp11.jpg (GRAPHIC) — 7KB
• g755022dsp_11a.jpg (GRAPHIC) — 6KB
• 0001193125-24-030937.txt ( ) — 99KB

From the Filing

SC 13G 1 d755022dsc13g.htm SC 13G SC 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to Rule 13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2. Under the Securities Exchange Act of 1934 (Amendment No. )* RxSight Inc (Name of Issuer) Common Stock (Title of Class of Securities) 78349D107 (CUSIP Number) 12/31/2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 78349D107 13G 1 NAME OF REPORTING PERSON Artisan Partners Limited Partnership 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER None 6 SHARED VOTING POWER 1,918,532 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 2,395,672 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,395,672 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.7% 12 TYPE OF REPORTING PERSON (see Instructions) IA CUSIP No. 78349D107 13G 1 NAME OF REPORTING PERSON Artisan Investments GP LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER None 6 SHARED VOTING POWER 1,918,532 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 2,395,672 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,395,672 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.7% 12 TYPE OF REPORTING PERSON (see Instructions) HC CUSIP No. 78349D107 13G 1 NAME OF REPORTING PERSON Artisan Partners Holdings LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER None 6 SHARED VOTING POWER 1,918,532 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 2,395,672 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,395,672 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.7% 12 TYPE OF REPORTING PERSON (see Instructions) HC CUSIP No. 78349D107 13G 1 NAME OF REPORTING PERSON Artisan Partners Asset Management Inc. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER None 6 SHARED VOTING POWER 1,918,532 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 2,395,672 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,395,672 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.7% 12 TYPE OF REPORTING PERSON (see Instructions) HC Item1(a) Name of Issuer: RxSight Inc Item1(b) Address of Issuers Principal Executive Offices: 100 Columbia Street, Aliso Viejo, CA 92656 Item2(a) Name of Person Filing: Artisan Partners Limited Partnership (APLP) Artisan Investments GP LLC (Artisan Investments) Artisan Partners Holdings LP (Artisan Holdings) Artisan Partners Asset Management Inc. (APAM) Item2(b) Address of Principal Business Office: APLP, Artisan Investments, Artisan Holdings, and APAM are all located at: 875 East Wisconsin Avenue, Suite 800 Milwaukee, WI 53202 Item2(c) Citizenship: APLP is a Delaware limited partnership Artisan

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View this SC 13G filing on SEC EDGAR