BlackRock Amends Seer Inc. (SEER) Stake as of Dec 31, 2023
Ticker: SEER · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1726445
| Field | Detail |
|---|---|
| Company | Seer, Inc. (SEER) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still owns Seer stock, but the filing doesn't say how much.**
AI Summary
BlackRock Inc. has updated its ownership stake in Seer, Inc. (NASDAQ: SEER) as of December 31, 2023, filing an amended Schedule 13G/A. This filing indicates BlackRock's passive investment in Seer's Class A Common Stock. For investors, this means a major institutional investor continues to hold a position in Seer, which can be seen as a vote of confidence, but the specific percentage of ownership is not detailed in the provided text, making it difficult to assess the exact change or its impact on stock liquidity or control.
Why It Matters
This filing confirms BlackRock's continued, albeit passive, institutional interest in Seer, Inc., which can influence investor sentiment and potentially provide stability to the stock.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note that a major institutional investor like BlackRock continues to hold a position in Seer, Inc., but this filing alone doesn't provide enough detail (like percentage owned) to make a definitive investment decision. Further research into Seer's financials and BlackRock's specific stake is warranted.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Seer, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- Class A Common Stock (company) — the type of securities held by BlackRock in Seer, Inc.
Forward-Looking Statements
- BlackRock will maintain a significant, passive stake in Seer, Inc. throughout 2024. (BlackRock Inc.) — medium confidence, target: 2024-12-31
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 filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., a large institutional investment manager.
What is the subject company of this filing?
The subject company is Seer, Inc., which is identified by the CIK 0001726445 and SIC code 3826 (Laboratory Analytical Instruments).
What is the date of the event that required this filing?
The date of the event which required the filing of this statement is December 31, 2023.
What class of securities is BlackRock reporting ownership in for Seer, Inc.?
BlackRock is reporting ownership in Seer, Inc.'s Class A Common Stock, identified by CUSIP Number 81578P106.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding Seer, Inc. (SEER).