BlackRock Amends Super Micro Computer Stake, Signals Passive Holding
Ticker: SMCI · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1375365
| Field | Detail |
|---|---|
| Company | Super Micro Computer, Inc. (SMCI) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its Super Micro Computer stake, still a passive holder.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership of Super Micro Computer, Inc. common stock as of December 31, 2023. This filing, Amendment No. 3, updates previous disclosures about BlackRock's passive investment in the company. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in Super Micro Computer's future performance, potentially influencing other investors.
Why It Matters
This filing confirms BlackRock's continued, albeit passive, significant ownership in Super Micro Computer, which can provide a degree of stability and institutional backing for the stock.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor, indicating a passive stake, which generally doesn't pose immediate risks.
Analyst Insight
Investors should note BlackRock's continued passive stake, which suggests no immediate aggressive moves but rather a long-term, hands-off investment in Super Micro Computer, Inc.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Super Micro Computer, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- BlackRock will maintain a passive investment strategy in Super Micro Computer, Inc. for the foreseeable future. (BlackRock Inc.) — high confidence, target: 2025-01-24
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 reporting person in this filing?
The reporting person is BlackRock, Inc., with a Central Index Key (CIK) of 0001364742.
What is the subject company whose securities are being reported?
The subject company is Super Micro Computer, Inc., with a Central Index Key (CIK) of 0001375365.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of Super Micro Computer, Inc. is 86800U104.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding Super Micro Computer, Inc. (SMCI).