BlackRock Amends TTEC Holdings Stake, Files SC 13G/A
Ticker: TTEC · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1013880
| Field | Detail |
|---|---|
| Company | Ttec Holdings, INC. (TTEC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, SC-13G, BlackRock
TL;DR
**BlackRock updated its TTEC stake, signaling continued institutional interest.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, reporting its ownership of TTEC Holdings, Inc. Common Stock as of December 31, 2023. This amendment (Amendment No. 4) indicates a change in BlackRock's beneficial ownership, which is important for investors as large institutional holdings can influence stock stability and market perception. While the specific share count isn't detailed in this excerpt, the filing confirms BlackRock remains a significant institutional holder, signaling continued confidence or at least a maintained position in TTEC.
Why It Matters
This filing shows that BlackRock, a major institutional investor, continues to hold a significant stake in TTEC Holdings, Inc., which can be a vote of confidence for current and potential shareholders.
Risk Assessment
Risk Level: low — This filing is routine for large institutional investors and doesn't inherently indicate a new risk, but rather a disclosure of ownership.
Analyst Insight
Investors should note BlackRock's continued presence as a significant holder in TTEC Holdings, Inc., which can be a factor in assessing institutional confidence, but this filing alone doesn't provide enough detail to warrant immediate action without further analysis of the specific changes in ownership percentage.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- TTEC Holdings, Inc. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 26, 2024 (date) — the date the SC 13G/A was filed
- Amendment No. 4 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., a major institutional investment manager.
What company's securities are the subject of this filing?
The securities that are the subject of this filing belong to TTEC Holdings, Inc., specifically their Common Stock.
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.
What is the CUSIP Number for the securities mentioned in the filing?
The CUSIP Number for the Common Stock of TTEC Holdings, Inc. is 89854H102.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding TTEC Holdings, Inc. (TTEC).