BlackRock Amends VIAVI SOLUTIONS Stake, Signals Portfolio Shift
Ticker: VIAV · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 912093
| Field | Detail |
|---|---|
| Company | Viavi Solutions Inc. (VIAV) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, portfolio-update
TL;DR
**BlackRock updated its VIAVI SOLUTIONS stake, watch for market reaction.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, indicating a change in their ownership of VIAVI SOLUTIONS INC. common stock as of December 31, 2023. This amendment (Amendment No. 11) updates their previous disclosures, showing their current stake in the company. 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
Changes in major institutional holdings like BlackRock's can influence market sentiment and stock price, as other investors often follow the lead of large, sophisticated funds.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and doesn't inherently signal a high-risk event for the company.
Analyst Insight
Investors should monitor future filings from BlackRock and other major institutions to track their ongoing sentiment towards VIAVI SOLUTIONS INC. and consider how these changes might align with their own investment thesis.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- VIAVI SOLUTIONS INC. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the date the SC 13G/A was filed
- Amendment No. 11 (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, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 11)' sections.
Who is the 'subject company' in this filing?
The subject company is VIAVI SOLUTIONS INC., as indicated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VIAVI SOLUTIONS INC.'
Who is the 'filer' of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires filing of this statement was December 31, 2023, as explicitly mentioned in the filing.
What is the CUSIP number for the securities discussed in this filing?
The CUSIP number for the securities, which are Common Stock of VIAVI SOLUTIONS INC., is 925550105, as listed under '(CUSIP Number)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding VIAVI SOLUTIONS INC. (VIAV).