BlackRock Amends GLAUKOS Corp Stake, Filing 13G/A on Jan 22
Ticker: GKOS · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1192448
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in GLAUKOS Corp, filing an amended 13G/A.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 22, 2024, indicating a change in their ownership of GLAUKOS Corp's Common Stock as of December 31, 2023. This filing, Amendment No. 7, updates their previous disclosures regarding their passive investment in the surgical and medical instruments company. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or strategy regarding GLAUKOS Corp.
Why It Matters
This filing shows BlackRock's updated passive ownership in GLAUKOS Corp, providing transparency on a significant institutional investor's position, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
A smart investor would note BlackRock's continued passive interest in GLAUKOS Corp but recognize this routine amendment doesn't signal a new investment thesis, thus requiring no immediate action based solely on this filing.
Key Numbers
- 377322102 — CUSIP Number (identifies GLAUKOS Corp's Common Stock)
- 0001364742 — BlackRock Inc.'s CIK (Central Index Key for BlackRock Inc.)
- 0001192448 — GLAUKOS Corp's CIK (Central Index Key for GLAUKOS Corp)
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- GLAUKOS Corp (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
- Amendment No. 7 (dollar_amount) — the specific amendment number of the filing
Forward-Looking Statements
- BlackRock will continue to hold a significant, passive stake in GLAUKOS Corp. (BlackRock Inc.) — high confidence, target: Q2 2024
- GLAUKOS Corp's stock price will not be significantly impacted by this routine filing. (GLAUKOS Corp) — high confidence, target: February 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 7, as stated in the filing.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated in the 'FILED BY' section of the filing.
What company's securities are the subject of this filing?
The subject company is GLAUKOS Corp, and the securities are its Common Stock, as stated under 'Name of Issuer' and 'Title of Class of Securities'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding GLAUKOS Corp (GKOS).