BlackRock Amends Autodesk Stake: Passive Investment Update
Ticker: ADSK · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its Autodesk holdings, still a big passive investor.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, disclosing its ownership of Autodesk Inc. common stock as of December 31, 2023. This amendment, the 14th for BlackRock regarding Autodesk, indicates a change in their passive investment stake. For investors, this filing confirms BlackRock's continued significant, albeit passive, interest in Autodesk, suggesting institutional confidence in the company's long-term prospects.
Why It Matters
This filing shows BlackRock, a major institutional investor, continues to hold a significant, passive stake in Autodesk, signaling their ongoing confidence in the company's value.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risk or significant change in company operations.
Analyst Insight
An investor should note that BlackRock maintains a passive, significant stake in Autodesk, which can be seen as a vote of confidence from a major institutional investor, but this filing alone doesn't suggest any immediate buying or selling action.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Autodesk Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
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 'Amendment No: 14'.
Who is the 'reporting person' in this filing?
The reporting person is BlackRock Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.'.
What is the 'subject company' or 'issuer' of the securities?
The subject company or issuer is Autodesk Inc., as identified by 'SUBJECT COMPANY: COMPANY CONFORMED NAME: Autodesk, Inc.' and '(Name of Issuer) AUTODESK INC'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires filing of this statement was December 31, 2023, as explicitly stated in the filing.
What rule under the Securities Exchange Act of 1934 is this Schedule filed pursuant to?
This Schedule is filed pursuant to Rule 13d-1(b) of the Securities Exchange Act of 1934, indicated by the 'X' next to '[X] Rule 13d-1(b)'.
From the Filing
EDGAR Filing Documents for 0001086364-24-003339 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. 0001086364-24-003339 Filing Date 2024-01-25 Accepted 2024-01-25 13:48:56 Documents 1 Document Format Files Seq Description Document Type Size 1 us0527691069_012524.txt SC 13G/A 12018 Complete submission text file 0001086364-24-003339.txt 13891 Mailing Address ONE MARKET, STE. 400. SAN FRANCISCO CA 94105 Business Address ONE MARKET, STE. 400. SAN FRANCISCO CA 94105 4155075000 Autodesk, Inc. (Subject) CIK : 0000769397 (see all company filings) EIN. : 942819853 | State of Incorp.: DE | Fiscal Year End: 0131 Type: SC 13G/A | Act: 34 | File No.: 005-37286 | Film No.: 24561134 SIC : 7372 Services-Prepackaged Software (CF Office: 06 Technology) 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)