FMR LLC & Abigail Johnson Maintain 12.06% Stake in Glaukos Corp
Ticker: GKOS · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 1192448
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, insider-holdings
TL;DR
**FMR LLC still owns over 12% of Glaukos, showing strong institutional backing.**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in Glaukos Corp (NYSE: GKOS). As of February 9, 2024, they collectively beneficially own 5,893,983 shares, representing 12.059% of Glaukos's common stock. This is an amendment to a previous filing, indicating a slight adjustment in their holdings, which matters to investors as it shows continued significant institutional interest in Glaukos.
Why It Matters
This filing confirms a major institutional investor, FMR LLC, and its leader, Abigail P. Johnson, continue to hold a substantial stake in Glaukos, signaling their ongoing confidence in the company's future.
Risk Assessment
Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and provides a vote of confidence.
Analyst Insight
Investors should note the continued significant institutional ownership by FMR LLC, which can be a positive signal of long-term confidence in Glaukos Corp, but this filing itself doesn't suggest immediate action beyond awareness.
Key Numbers
- 5,893,983 — Shares Beneficially Owned (Represents the total number of Glaukos Corp common shares held by FMR LLC and Abigail P. Johnson as of February 9, 2024.)
- 12.059% — Percent of Class (Indicates the significant portion of Glaukos Corp's common stock controlled by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- GLAUKOS Corp (company) — subject company, issuer of common stock
- 5,893,983 (dollar_amount) — total shares beneficially owned by FMR LLC and Abigail P. Johnson
- 12.059% (dollar_amount) — percentage of Glaukos Corp's common stock owned
Forward-Looking Statements
- FMR LLC will likely maintain a significant ownership stake in Glaukos Corp for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing for both reporting persons.
What is the total number of Glaukos Corp common shares beneficially owned by FMR LLC and Abigail P. Johnson?
FMR LLC and Abigail P. Johnson collectively beneficially own 5,893,983 shares of Glaukos Corp common stock, as detailed in Item 7 and Item 9 for both reporting persons, and Item 4(a) for FMR LLC.
What percentage of Glaukos Corp's common stock do the reporting persons own?
The reporting persons, FMR LLC and Abigail P. Johnson, own 12.059% of Glaukos Corp's common stock, as indicated in Item 11 for both reporting persons and Item 4(b) for FMR LLC.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as designated by the 'x' in the appropriate box on the first page of the filing and confirmed in Item 3.
What is the CUSIP number for Glaukos Corp's common stock?
The CUSIP number for Glaukos Corp's common stock is 377322102, as stated on the first page and in Item 2(e) of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding GLAUKOS Corp (GKOS).