Capital International Investors Takes 8.0% Stake in Sarepta

TL;DR

**Big fund Capital International Investors just revealed an 8.0% stake in Sarepta Therapeutics.**

AI Summary

Capital International Investors, a major investment firm, reported owning 7,377,295 shares of Sarepta Therapeutics, Inc. (SRPT) common stock as of December 29, 2023. This represents 8.0% of Sarepta's outstanding shares, a significant passive stake. This matters to investors because it signals a large, institutional investor's confidence in Sarepta's future, potentially indicating a positive outlook on the company's drug pipeline or market position.

Why It Matters

A substantial stake by a major institutional investor like Capital International Investors can be seen as a vote of confidence, potentially attracting other investors and influencing stock price positively.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by a large institution, which generally reduces risk by signaling confidence and stability.

Analyst Insight

A smart investor would view this as a positive signal, potentially indicating a good entry point or reason to hold, given the vote of confidence from a major institutional investor like Capital International Investors.

Key Numbers

• 7,377,295 — Shares Owned (The total number of Sarepta Therapeutics common stock shares held by Capital International Investors.)
• 8.0% — Ownership Percentage (The percentage of Sarepta Therapeutics' common stock that Capital International Investors now owns, indicating a significant stake.)

Key Players & Entities

• Capital International Investors (company) — the reporting person who acquired shares
• Sarepta Therapeutics, Inc. (company) — the subject company whose shares were acquired
• 7,377,295 (dollar_amount) — number of shares owned by Capital International Investors
• 8.0% (dollar_amount) — percentage of Sarepta Therapeutics' common stock owned
• December 29, 2023 (date) — date of the event requiring the filing

Forward-Looking Statements

• Sarepta Therapeutics' stock price may see increased stability due to institutional backing. (Sarepta Therapeutics, Inc.) — medium confidence, target: Q2 2024
• Other institutional investors might follow Capital International Investors' lead, increasing their positions in Sarepta. (Sarepta Therapeutics, Inc.) — low confidence, target: Q3 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G) — 16KB
• 0001422848-24-000171.txt ( ) — 18KB

From the Filing

SC 13G 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _ ) * Sarepta Therapeutics, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 803607100 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 803607100 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital International Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 4,741,485 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 4,741,485 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,741,485 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Sarepta Therapeutics, Inc. (b) Address of Issuer's Principal Executive Offices 215 First Street, Ste 415, Cambridge, MA 2142 Item 2. (a) Name of Person Filing Capital International Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 803607100 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 4,741,485 ** (b) Percent of Class: 5.1% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 4,741,485 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 4,741,485 (iv) shared power to dispose or to direct the disposition of 0 **Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 4,741,485 shares or 5.1% of the 93,546,681 shares believed to be outstanding. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner

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