BlackRock Amends Landstar System Inc. Stake (SC 13G/A)
Ticker: LSTR · Form: SC 13G/A · Filed: 2024-01-24T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, transparency
TL;DR
**BlackRock just updated its Landstar System Inc. stake, showing its latest position as of year-end 2023.**
AI Summary
BlackRock, Inc. has filed an amendment (SC 13G/A) to its ownership report for Landstar System Inc. as of December 31, 2023. This filing, Amendment No. 12, indicates BlackRock's updated stake in Landstar's Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in Landstar's future performance, potentially influencing other investors.
Why It Matters
This filing updates BlackRock's ownership in Landstar System Inc., providing transparency on a major institutional investor's position, which can influence market sentiment and other investors' decisions.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently signal a significant risk or opportunity, but rather provides transparency.
Analyst Insight
An investor should note that BlackRock, a major institutional holder, has updated its position in Landstar System Inc. This is a routine disclosure, but continued monitoring of BlackRock's future filings could reveal trends in their conviction for Landstar's stock.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- Landstar System Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- Amendment No. 12 (number) — the specific amendment number for 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 indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 12)'.
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 whose securities are being reported?
The subject company is LANDSTAR SYSTEM INC, as specified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LANDSTAR SYSTEM INC' and '(Name of Issuer) LANDSTAR SYSTEM INC'.
What is the date of the event that required this filing?
The date of the event which requires this filing is December 31, 2023, as stated under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What class of securities is being reported in this filing?
The class of securities being reported is Common Stock of Landstar System Inc., as indicated under '(Title of Class of Securities) Common Stock'.
From the Filing
EDGAR Filing Documents for 0001086364-24-002690 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. 0001086364-24-002690 Filing Date 2024-01-24 Accepted 2024-01-24 17:23:52 Documents 1 Document Format Files Seq Description Document Type Size 1 us5150981018_012424.txt SC 13G/A 11867 Complete submission text file 0001086364-24-002690.txt 13706 Mailing Address LANDSTAR SYSTEM INC 13410 SUTTON PARK DRIVE SOUTH JACKSONVILLE FL 32224 Business Address 13410 SUTTON PARK DRIVE SOUTH JACKSONVILLE FL 32224 9043989400 LANDSTAR SYSTEM INC (Subject) CIK : 0000853816 (see all company filings) EIN. : 061313069 | State of Incorp.: DE | Fiscal Year End: 1228 Type: SC 13G/A | Act: 34 | File No.: 005-43119 | Film No.: 24557773 SIC : 4213 Trucking (No Local) (CF Office: 01 Energy & Transportation) 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)