BlackRock Amends Simmons First National Corp Stake
Ticker: SFNC · Form: SC 13G/A · Filed: 2024-01-23T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, banking
TL;DR
**BlackRock updated its stake in Simmons First National Corp, showing continued institutional interest.**
AI Summary
BlackRock, Inc. filed an amended SC 13G/A on January 23, 2024, indicating a change in their ownership of Simmons First National Corporation's Class A Common Stock as of December 31, 2023. This amendment, number 2, shows BlackRock continues to be a significant institutional holder, which can signal confidence in the company's long-term prospects. For investors, BlackRock's continued substantial stake suggests that a major institutional player sees value in Simmons First National Corporation, potentially influencing other investors' perceptions and the stock's stability.
Why It Matters
This filing shows BlackRock, a major institutional investor, still holds a significant position in Simmons First National Corporation, which can be a vote of confidence for current and prospective shareholders.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
An investor should note that BlackRock's continued ownership suggests institutional confidence, but this filing alone doesn't provide enough detail to make a buy/sell decision. Further analysis of BlackRock's specific ownership percentage and any changes from the previous filing would be necessary.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- Simmons First National Corporation (company) — the issuer of the Class A Common Stock
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
- Class A Common Stock (company) — the type of securities held by BlackRock
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 indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 2)'.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY' section.
What is the subject company of this filing?
The subject company, or issuer, is SIMMONS FIRST NATIONAL CORPORATION, as identified under 'SUBJECT COMPANY: COMPANY CONFORMED NAME: SIMMONS FIRST NATIONAL CORP' and '(Name of Issuer) SIMMONS FIRST NATIONAL CORPORATION'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Class A Common Stock of Simmons First National Corporation is 828730200, as listed under 'CUSIP No. 828730200' and '(CUSIP Number) 828730200'.
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 specified under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
From the Filing
EDGAR Filing Documents for 0001086364-24-001354 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-001354 Filing Date 2024-01-23 Accepted 2024-01-23 11:52:27 Documents 1 Document Format Files Seq Description Document Type Size 1 us8287302009_012324.txt SC 13G/A 11710 Complete submission text file 0001086364-24-001354.txt 13482 Mailing Address 501 MAIN STREET PINE BLUFF AR 71601 Business Address 501 MAIN STREET PINE BLUFF AR 71601 8705411000 SIMMONS FIRST NATIONAL CORP (Subject) CIK : 0000090498 (see all company filings) EIN. : 710407808 | State of Incorp.: AR | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-38793 | Film No.: 24551299 SIC : 6021 National Commercial Banks (CF Office: 02 Finance) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)