BlackRock Amends Wabash National Stake; Institutional Ownership Update
Ticker: WNC · Form: SC 13G/A · Filed: Jan 19, 2024 · CIK: 879526
| Field | Detail |
|---|---|
| Company | Wabash National Corp (WNC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its Wabash National stake, still a big holder.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 19, 2024, indicating a change in its ownership of Wabash National Corp. common stock as of December 31, 2023. This filing updates their previous disclosure, showing BlackRock continues to be a significant institutional holder. For investors, this means a major institutional investor maintains a substantial, though potentially adjusted, stake in Wabash National, which can signal confidence or a shift in their investment strategy for the company.
Why It Matters
This filing shows BlackRock's updated position in Wabash National, providing transparency on a major institutional investor's holdings and potential shifts in their investment thesis.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not inherently signal significant risk for the stock.
Analyst Insight
Investors should note that BlackRock, a major institutional investor, has updated its stake in Wabash National. While the specific change in share count isn't detailed in this excerpt, the continued filing indicates ongoing institutional interest. Smart investors might look for the full filing to see the exact percentage owned and compare it to previous filings to understand BlackRock's recent activity (buying or selling) and its potential implications for the stock's future performance.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Wabash National Corp. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 19, 2024 (date) — the filing date of the SC 13G/A amendment
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 reporting person in this filing?
The reporting person is BlackRock Inc., a large asset management firm based in New York, NY.
What is the subject company of this filing?
The subject company is Wabash National Corporation, a manufacturer of truck trailers, located in Lafayette, IN.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of Wabash National Corporation is 929566107.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 19, 2024 regarding WABASH NATIONAL Corp (WNC).