State Street Corp Updates Passive Stake in John Wiley & Sons
Ticker: WLYB · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 107140
| Field | Detail |
|---|---|
| Company | John Wiley & Sons, Inc. (WLYB) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street Corp just updated its passive stake in John Wiley & Sons, signaling continued institutional interest.**
AI Summary
State Street Corp, a major financial institution, filed an amended SC 13G/A on January 24, 2024, indicating its ownership of common stock in John Wiley & Sons Inc. This filing updates their previous disclosure regarding their holdings as of December 31, 2023. While the exact percentage of ownership isn't detailed in this snippet, the filing confirms State Street's continued significant passive investment in the publishing company. This matters to investors as it signals a large institutional holder's ongoing confidence (or at least continued presence) in John Wiley & Sons, which can influence market perception and stability.
Why It Matters
Large institutional ownership by entities like State Street Corp can provide a degree of stability to a stock, as these investors typically have long-term horizons and conduct extensive due diligence.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor, indicating no immediate significant risk or change in company control.
Analyst Insight
Investors should note that State Street Corp's continued passive ownership suggests no immediate red flags, but further investigation into the exact percentage of ownership (which is not in this snippet) would provide a clearer picture of the institutional conviction in John Wiley & Sons Inc.
Key Players & Entities
- State Street Corp (company) — the reporting person and institutional investor
- JOHN WILEY & SONS, INC. (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 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 under the Securities Exchange Act of 1934, as indicated by 'FORM TYPE: SC 13G/A' and 'AMENDED FILING'.
Who is the reporting person in this filing?
The reporting person is STATE STREET CORP, as explicitly stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET CORP' and 'NAME OF REPORTING PERSON: STATE STREET CO'.
What company's securities are being reported on in this filing?
The securities being reported on belong to JOHN WILEY & SONS, INC., identified as the 'NAME OF ISSUER' and 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JOHN WILEY & SONS, INC.'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the common stock of John Wiley & Sons Inc. is 968223206, as stated under 'CUSIP NUMBER: 968223206'.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as indicated by 'DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT: 12/31/2023'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding JOHN WILEY & SONS, INC. (WLYB).