BlackRock Amends First Financial Corp Stake as of Dec 31, 2023
Ticker: THFF · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 714562
| Field | Detail |
|---|---|
| Company | First Financial Corp /In/ (THFF) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, banking
TL;DR
**BlackRock updated its stake in First Financial Corp; watch for market reaction.**
AI Summary
BlackRock Inc. has filed an amended SC 13G/A, indicating a change in its ownership stake in First Financial Corp /IN/ as of December 31, 2023. This amendment, number 13, updates their previous disclosures regarding their holdings of First Financial Corp's common stock. For investors, this matters because BlackRock is a major institutional investor, and changes in their position can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing other investors and the stock price.
Why It Matters
Changes in significant institutional ownership, like BlackRock's, can influence market sentiment and the perceived stability of a company's stock.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and doesn't inherently signal high risk, but rather a change in ownership data.
Analyst Insight
An investor should monitor subsequent filings from BlackRock or other major institutions to identify a clear trend in their investment strategy regarding First Financial Corp, as this filing alone only indicates an update, not necessarily a significant change in sentiment.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- First Financial Corp /IN/ (company) — the subject company whose shares are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- SC 13G/A (document) — the type of SEC filing
- Amendment No: 13 (number) — the specific amendment number for this filing
FAQ
What type of SEC 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 Under the Securities Exchange Act of 1934 (Amendment No: 13)' sections.
Which company is the subject of this filing?
The subject company is FIRST FINANCIAL CORP /IN/, also referred to as FIRST FINANCIAL CORPORATION, as indicated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST FINANCIAL CORP /IN/' and 'Name of Issuer: FIRST FINANCIAL CORPORATION'.
Who is the entity that filed this SC 13G/A?
The entity that filed this SC 13G/A is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified under 'Date of Event Which Requires Filing of this Statement: December 31, 2023'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of First Financial Corporation is 320218100, as listed under 'CUSIP Number: 320218100'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding FIRST FINANCIAL CORP /IN/ (THFF).