BlackRock Amends Texas Roadhouse Stake as of Dec 31, 2023
Ticker: TXRH · Form: SC 13G/A · Filed: 2024-01-24T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its Texas Roadhouse holdings, signaling a potential shift in institutional sentiment.**
AI Summary
BlackRock, Inc. has filed an amendment (SC 13G/A) to its ownership stake in Texas Roadhouse, Inc., indicating a change in its holdings as of December 31, 2023. This filing, Amendment No. 15, updates their previous disclosures regarding their position in Texas Roadhouse's Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing other investors' decisions.
Why It Matters
Large institutional investors like BlackRock often conduct extensive research; their buying or selling activity can be seen as a vote of confidence or concern, influencing market sentiment and stock price.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently indicate a high level of risk for the stock.
Analyst Insight
Investors should monitor BlackRock's future SC 13G/A filings for Texas Roadhouse to identify any significant changes in their ownership percentage, which could signal a stronger bullish or bearish stance.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person filing the SC 13G/A
- Texas Roadhouse, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event which requires the filing of this statement
- Amendment No: 15 (number) — the specific amendment number for this filing
- 882681109 (number) — the CUSIP Number for Texas Roadhouse Common Stock
FAQ
What type of filing is this and what does it generally indicate?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It indicates that a passive institutional investor, like BlackRock, has updated its beneficial ownership of a company's securities, in this case, Texas Roadhouse, Inc., as of December 31, 2023.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., a major asset management firm, as stated under '(1)Names of reporting persons. BlackRock, Inc.' in the filing.
What is the subject company whose securities are being reported?
The subject company is Texas Roadhouse Inc, as clearly stated under '(Name of Issuer) Texas Roadhouse Inc' in the filing.
What is the specific date of the event that triggered this filing?
The date of the event which requires the filing of this statement is December 31, 2023, as indicated in the filing under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the class of securities reported?
The CUSIP Number for the Common Stock of Texas Roadhouse Inc is 882681109, as specified in the filing.
From the Filing
EDGAR Filing Documents for 0001086364-24-002746 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. 0001086364-24-002746 Filing Date 2024-01-24 Accepted 2024-01-24 17:23:57 Documents 1 Document Format Files Seq Description Document Type Size 1 us8826811098_012424.txt SC 13G/A 11824 Complete submission text file 0001086364-24-002746.txt 13602 Mailing Address 6040 DUTCHMANS LANE LOUISVILLE KY 40205 Business Address 6040 DUTCHMANS LANE LOUISVILLE KY 40205 5024269984 Texas Roadhouse, Inc. (Subject) CIK : 0001289460 (see all company filings) EIN. : 000000000 | State of Incorp.: DE | Fiscal Year End: 1226 Type: SC 13G/A | Act: 34 | File No.: 005-80500 | Film No.: 24557845 SIC : 5812 Retail-Eating Places (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)