BlackRock Amends Strategic Education Stake (SC 13G/A)
Ticker: STRA · Form: SC 13G/A · Filed: 2024-01-23T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Strategic Education, Inc. as of year-end 2023.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 23, 2024, indicating a change in their ownership of Strategic Education, Inc. common stock as of December 31, 2023. This filing, Amendment No. 6, updates their previous disclosures regarding their passive investment in the educational services 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 Strategic Education, Inc. stock.
Why It Matters
This filing shows BlackRock's updated position in Strategic Education, Inc., which can influence market perception and potentially impact the stock price due to the size and influence of BlackRock.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate or significant risk to the company or its shareholders.
Analyst Insight
Investors should note BlackRock's continued passive interest in Strategic Education, Inc. and monitor subsequent filings for any significant changes in their ownership percentage, which could signal a shift in their investment thesis.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Strategic Education, Inc. (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
- Amendment No: 6 (number) — the specific amendment number of this filing
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 stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 6)' sections.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What is the subject company of this filing?
The subject company is Strategic Education, Inc., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Strategic Education, Inc.' and 'Strategic Education, Inc (Name of Issuer)'.
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 specified in the 'Date of Event Which Requires Filing of this Statement' section.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox on the cover page.
From the Filing
EDGAR Filing Documents for 0001086364-24-001352 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. 0001086364-24-001352 Filing Date 2024-01-23 Accepted 2024-01-23 11:52:26 Documents 1 Document Format Files Seq Description Document Type Size 1 us86272c1036_012324.txt SC 13G/A 11668 Complete submission text file 0001086364-24-001352.txt 13573 Mailing Address 2303 DULLES STATION BOULEVARD HERNDON VA 20171 Business Address 2303 DULLES STATION BOULEVARD HERNDON VA 20171 703-561-1600 Strategic Education, Inc. (Subject) CIK : 0001013934 (see all company filings) EIN. : 521975978 | State of Incorp.: MD | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-48233 | Film No.: 24551273 SIC : 8200 Services-Educational Services (CF Office: 07 Trade & Services) 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)