BlackRock Amends Xperi Inc. Stake Disclosure
Ticker: XPER · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1788999
| Field | Detail |
|---|---|
| Company | Xperi Inc. (XPER) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its Xperi Inc. ownership, signaling its current stake.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, indicating its ownership of Xperi Inc. common stock as of December 31, 2023. This filing, Amendment No. 2, updates their previous disclosures regarding their stake in Xperi Inc. 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
This filing shows BlackRock's updated position in Xperi Inc., providing transparency on a significant institutional investor's holdings and potentially influencing market sentiment.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently present new risks, but rather provides transparency.
Analyst Insight
Investors should note BlackRock's continued presence as a significant shareholder in Xperi Inc. and consider this as part of their broader due diligence, but this filing alone doesn't suggest an immediate buy or sell action.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Xperi Inc. (company) — the subject company whose common 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
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 2' in the filing.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as stated under the 'FILED BY: COMPANY DATA' section.
What is the subject company whose securities are being reported?
The subject company is Xperi Inc., as identified under 'SUBJECT COMPANY: COMPANY DATA' and 'Name of Issuer' on the Schedule 13G cover page.
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 explicitly stated on the Schedule 13G cover page.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Common Stock of Xperi Inc. is 98423J101, as listed on the Schedule 13G cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding Xperi Inc. (XPER).