BlackRock Updates Passive Stake in SI-BONE (SIBN) as of Dec 31, 2023
Ticker: SIBN · Form: SC 13G/A · Filed: 2024-01-24T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
Related Tickers: SIBN
TL;DR
**BlackRock just updated its SI-BONE (SIBN) stake, signaling its current position.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership of SI-BONE, Inc. common stock as of December 31, 2023. This filing, Amendment No. 4, updates previous disclosures about BlackRock's passive investment in SI-BONE, Inc. (NASDAQ: SIBN). This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in the company's future prospects, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership in SI-BONE, Inc., which can influence market perception and investor confidence in the stock.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued passive interest in SI-BONE, Inc. and consider this as part of their broader research into the company, rather than as a standalone buy or sell signal.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- SI-BONE, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event which required the filing
- January 24, 2024 (date) — the date the SC 13G/A was filed
- 825704109 (number) — the CUSIP number for SI-BONE, Inc. Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.
Who is the 'subject company' in this filing?
The subject company is SI-BONE, Inc., with a Central Index Key (CIK) of 0001459839.
Who is the 'filed by' entity in this document?
The entity that filed this document is BlackRock Inc., with a Central Index Key (CIK) of 0001364742.
What is the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires filing of this statement is December 31, 2023.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Common Stock of SI-BONE, Inc. is 825704109.
From the Filing
EDGAR Filing Documents for 0001086364-24-002255 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. 0001086364-24-002255 Filing Date 2024-01-24 Accepted 2024-01-24 14:27:13 Documents 1 Document Format Files Seq Description Document Type Size 1 us8257041090_012424.txt SC 13G/A 11833 Complete submission text file 0001086364-24-002255.txt 13756 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) Mailing Address 471 EL CAMINO REAL, SUITE 101 SANTA CLARA CA 95050 Business Address 471 EL CAMINO REAL, SUITE 101 SANTA CLARA CA 95050 4082070700 SI-BONE, Inc. (Subject) CIK : 0001459839 (see all company filings) EIN. : 262216351 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-90888 | Film No.: 24555807 SIC : 3841 Surgical & Medical Instruments & Apparatus (CF Office: 08 Industrial Applications and Services)