BlackRock Amends GENTHERM Stake, Files SC 13G/A on Dec 31 Holdings
Ticker: THRM · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 903129
| Field | Detail |
|---|---|
| Company | Gentherm Inc (THRM) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its GENTHERM stake, filing an SC 13G/A for its holdings as of year-end 2023.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, indicating its ownership of GENTHERM Inc. common stock as of December 31, 2023. This amendment, number 14, updates BlackRock's previous disclosures regarding its passive investment in GENTHERM. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its confidence or strategy regarding GENTHERM, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated passive ownership in GENTHERM, providing transparency on a significant institutional investor's position, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued passive ownership in GENTHERM, but this filing alone doesn't suggest a need for immediate action. It's a routine update reflecting year-end holdings.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- GENTHERM Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event which required the filing
- January 22, 2024 (date) — the filing date of the SC 13G/A
- 37253A103 (other) — the CUSIP number for GENTHERM 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 reporting person in this filing?
The reporting person is BlackRock Inc., a security brokers, dealers & flotation company based in New York, NY.
What is the subject company whose shares are being reported?
The subject company is GENTHERM Incorporated, a motor vehicle parts & accessories company based in Northville, MI.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of GENTHERM Incorporated is 37253A103.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding GENTHERM Inc (THRM).