BlackRock Updates Passive Stake in SI-BONE (SIBN) as of Dec 31, 2023
Ticker: SIBN · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1459839
| Field | Detail |
|---|---|
| Company | Si-Bone, Inc. (SIBN) |
| 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
Related Tickers: SIBN
TL;DR
**BlackRock just updated its SI-BONE (SIBN) stake, signaling its current position.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership of SI-BONE, Inc. common stock as of December 31, 2023. This filing, Amendment No. 4, updates previous disclosures about BlackRock's passive investment in SI-BONE, Inc. (NASDAQ: SIBN). This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in the company's future prospects, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership in SI-BONE, Inc., which can influence market perception and investor confidence in the stock.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued passive interest in SI-BONE, Inc. and consider this as part of their broader research into the company, rather than as a standalone buy or sell signal.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- SI-BONE, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event which required the filing
- January 24, 2024 (date) — the date the SC 13G/A was filed
- 825704109 (number) — the CUSIP number for SI-BONE, 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, filed under the Securities Exchange Act of 1934.
Who is the 'subject company' in this filing?
The subject company is SI-BONE, Inc., with a Central Index Key (CIK) of 0001459839.
Who is the 'filed by' entity in this document?
The entity that filed this document is BlackRock Inc., with a Central Index Key (CIK) of 0001364742.
What is the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires filing of this statement is December 31, 2023.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Common Stock of SI-BONE, Inc. is 825704109.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding SI-BONE, Inc. (SIBN).