BlackRock Discloses 5.0% Passive Stake in Savara Inc.
Ticker: SVRA · Form: SC 13G · Filed: Jan 31, 2024 · CIK: 1160308
| Field | Detail |
|---|---|
| Company | Savara Inc (SVRA) |
| Form Type | SC 13G |
| Filed Date | Jan 31, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, SC-13G, pharmaceuticals
TL;DR
**BlackRock just revealed a 5.0% stake in Savara Inc. as of year-end 2023.**
AI Summary
BlackRock Inc. reported on January 31, 2024, that as of December 31, 2023, it beneficially owns 4,996,285 shares of Savara Inc.'s Common Stock. This represents a 5.0% ownership stake in the pharmaceutical company. This filing indicates BlackRock's significant, but passive, investment in Savara, which could be seen as a vote of confidence from a major institutional investor.
Why It Matters
This matters to investors because a major institutional investor like BlackRock holding a 5.0% stake can signal market confidence in Savara Inc.'s future prospects, potentially influencing other investors.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of a passive investment by a large institutional investor and does not indicate any immediate risk.
Analyst Insight
An investor should note BlackRock's significant, but passive, stake as a potential indicator of institutional interest, but also recognize that this is a routine disclosure and not an active investment decision.
Key Numbers
- 4,996,285 — Shares Beneficially Owned (The total number of Savara Inc. Common Stock shares BlackRock Inc. reported owning.)
- 5.0% — Ownership Percentage (The percentage of Savara Inc.'s outstanding Common Stock owned by BlackRock Inc.)
- December 31, 2023 — Reporting Date (The specific date as of which BlackRock Inc.'s ownership stake was calculated for this filing.)
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G
- Savara Inc. (company) — the subject company in which BlackRock holds shares
- 4,996,285 (dollar_amount) — number of shares beneficially owned by BlackRock
- 5.0% (dollar_amount) — percentage of Savara Inc. shares owned by BlackRock
- December 31, 2023 (person) — the date of the event requiring the filing
- January 31, 2024 (person) — the filing date of the SC 13G
Forward-Looking Statements
- BlackRock will maintain its passive investment in Savara Inc. above the 5% threshold. (BlackRock Inc.) — medium confidence, target: December 31, 2024
FAQ
What is the name of the company that filed this SC 13G?
The company that filed this SC 13G is BlackRock Inc., as stated in the 'FILED BY' section of the filing.
Which company's shares are the subject of this SC 13G filing?
The subject company for this SC 13G filing is Savara Inc., as indicated under the 'SUBJECT COMPANY' and 'Name of Issuer' sections.
What percentage of Savara Inc.'s Common Stock does BlackRock Inc. beneficially own?
BlackRock Inc. beneficially owns 5.0% of Savara Inc.'s Common Stock, as reported in the filing.
As of what date was BlackRock Inc.'s ownership stake in Savara Inc. calculated for this filing?
BlackRock Inc.'s ownership stake in Savara Inc. was calculated as of December 31, 2023, which is the 'Date of Event Which Requires Filing of this Statement'.
What is the CUSIP number for Savara Inc.'s Common Stock mentioned in the filing?
The CUSIP number for Savara Inc.'s Common Stock is 805111101, as listed under 'CUSIP Number' in the filing.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 31, 2024 by December 31, 2023 regarding Savara Inc (SVRA).