BlackRock Amends SAIA Inc. Stake as of Dec 31, 2023
Ticker: SAIA · Form: SC 13G/A · Filed: 2024-01-24T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, SAIA, BlackRock
TL;DR
**BlackRock updated its SAIA stake, watch for ownership percentage changes!**
AI Summary
BlackRock Inc. has filed an amendment (SC 13G/A) on January 24, 2024, updating its ownership in SAIA INC (trucking company) as of December 31, 2023. This filing, Amendment No. 15, indicates a change in their beneficial ownership of SAIA's Common Stock. While the exact percentage isn't detailed on the cover page, this update signals BlackRock's continued significant, but potentially adjusted, stake in SAIA, which is important for investors as large institutional holdings can influence stock stability and market perception.
Why It Matters
This filing shows that BlackRock, a major institutional investor, has updated its position in SAIA INC, which can signal their ongoing confidence or a shift in strategy regarding the company.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor, not indicating any immediate high-risk event for the company.
Analyst Insight
Investors should look for the full details within the SC 13G/A to determine BlackRock's updated percentage of ownership in SAIA INC and compare it to previous filings to understand if their stake has increased, decreased, or remained stable, which could influence market sentiment.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A amendment
- SAIA INC (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing of this statement
- January 24, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 15 (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 stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 15)' 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 company's securities are the subject of this filing?
The securities of SAIA INC are the subject of this filing, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SAIA INC'.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of SAIA INC is 78709Y105, as listed on the cover page of the filing.
From the Filing
EDGAR Filing Documents for 0001086364-24-002038 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. 0001086364-24-002038 Filing Date 2024-01-24 Accepted 2024-01-24 09:46:41 Documents 1 Document Format Files Seq Description Document Type Size 1 us78709y1055_012324.txt SC 13G/A 11855 Complete submission text file 0001086364-24-002038.txt 13781 Mailing Address 11465 JOHNS CREEK PARKWAY STE 400 JOHNS CREEK GA 30097 Business Address 11465 JOHNS CREEK PARKWAY STE 400 JOHNS CREEK GA 30097 7702325067 SAIA INC (Subject) CIK : 0001177702 (see all company filings) EIN. : 481229851 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-78745 | Film No.: 24554600 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)