BlackRock Amends WAFD INC Stake, Signals Ownership Change
Ticker: WAFDP · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 936528
| Field | Detail |
|---|---|
| Company | Wafd Inc (WAFDP) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, banking, ownership-change
TL;DR
**BlackRock just updated its WAFD INC holdings, watch for market reaction.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 23, 2024, indicating a change in its beneficial ownership of WAFD INC (formerly Washington Federal Inc.) common stock as of December 31, 2023. This filing, Amendment No. 14, updates their previous disclosures regarding their holdings in the national commercial bank. This matters to investors because BlackRock is a major institutional investor, and changes in their stake can signal their confidence (or lack thereof) in WAFD INC's future performance, potentially influencing other investors.
Why It Matters
Large institutional investors like BlackRock often conduct extensive due diligence; their buying or selling activity can be seen as a vote of confidence or concern, potentially impacting WAFD INC's stock price.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently signal high risk, but rather a change in ownership percentage.
Analyst Insight
Investors should monitor subsequent filings from BlackRock and other major institutions to identify trends in ownership, which could provide insights into WAFD INC's long-term prospects.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- WAFD INC (company) — the subject company whose common stock is being reported
- Washington Federal Inc. (company) — former name of WAFD INC
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
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 'Amendment No: 14' sections.
Who is the subject company of this filing?
The subject company is WAFD INC, as clearly stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WAFD INC'.
Who is the entity that filed this SC 13G/A?
The entity that filed this SC 13G/A is BlackRock Inc., as indicated 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 this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement)'.
What is the CUSIP number for the securities discussed in this filing?
The CUSIP number for the Common Stock of WAFD INC is 938824109, as listed under '(CUSIP Number)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding WAFD INC (WAFDP).