BlackRock Amends STAAR Surgical Stake, Filing 15th Update
Ticker: STAA · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 718937
| Field | Detail |
|---|---|
| Company | Staar Surgical Co (STAA) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its STAAR Surgical holdings, signaling a potential shift in institutional sentiment.**
AI Summary
BlackRock Inc. has filed an amended SC 13G/A, indicating a change in its ownership stake in STAAR SURGICAL CO as of December 31, 2023. This amendment, number 15, updates their previous disclosures regarding their holdings of STAAR SURGICAL COMPANY's Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing other investors.
Why It Matters
Large institutional investors like BlackRock often conduct extensive research; their buying or selling activity can be seen as a vote of confidence or concern, influencing market sentiment and stock price.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently indicate a high level of risk, but rather a change in ownership disclosure.
Analyst Insight
An investor should monitor BlackRock's future filings for STAAR SURGICAL CO to discern any significant trends in their ownership, as this could provide insight into a major institutional investor's long-term view of the company.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- STAAR SURGICAL CO (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- Amendment No: 15 (number) — the specific amendment number for this filing
- 852312305 (number) — the CUSIP number for STAAR SURGICAL COMPANY's 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 filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 15)' sections.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What is the subject company whose securities are being reported?
The subject company is STAAR SURGICAL CO, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STAAR SURGICAL CO' and 'STAAR SURGICAL COMPANY (Name of Issuer)'.
What is the date of the event that required this filing?
The date of the event which requires the filing of this statement is December 31, 2023, as specified in the 'Date of Event Which Requires Filing of this Statement' section.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Common Stock of STAAR SURGICAL COMPANY is 852312305, as listed under 'CUSIP No. 852312305'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding STAAR SURGICAL CO (STAA).