FMR LLC & Abigail Johnson Disclose 5.44% Stake in Gossamer Bio
Ticker: GOSS · Form: SC 13G · Filed: 2024-02-09T00:00:00.000Z
Sentiment: bullish
Topics: institutional-ownership, insider-buy, biotech, investment-firm
TL;DR
**FMR LLC just revealed a 5.44% stake in Gossamer Bio, signaling a big institutional bet.**
AI Summary
FMR LLC, a major investment firm, and its CEO, Abigail P. Johnson, have disclosed a 5.440% beneficial ownership stake in Gossamer Bio, Inc., totaling 12,263,918 shares of common stock. This filing, dated February 9, 2024, indicates that FMR LLC holds significant influence as a parent holding company. This matters to investors because a large, established institutional investor like FMR LLC taking a substantial position can signal confidence in Gossamer Bio's future prospects, potentially attracting more investment and influencing stock performance.
Why It Matters
A significant stake by a major institutional investor like FMR LLC can be seen as a vote of confidence, potentially boosting investor sentiment and the stock's perceived value.
Risk Assessment
Risk Level: low — This filing indicates a significant institutional investment, which generally reduces perceived risk due to increased institutional backing.
Analyst Insight
Smart investors should view this as a positive signal, potentially indicating institutional confidence in Gossamer Bio. It might be worth researching Gossamer Bio's fundamentals and recent news to understand why FMR LLC took such a large position.
Key Numbers
- 12,263,918 — Shares Beneficially Owned (Total common stock shares of Gossamer Bio, Inc. held by FMR LLC and Abigail P. Johnson.)
- 5.440% — Percent of Class (The percentage of Gossamer Bio, Inc.'s common stock beneficially owned by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Gossamer Bio, Inc. (company) — issuer of the common stock
- Abigail P. Johnson (person) — reporting person, likely CEO of FMR LLC
- 12,263,918 (dollar_amount) — total shares beneficially owned
- 5.440% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- Gossamer Bio's stock price may experience a positive sentiment boost due to FMR LLC's significant stake. (Gossamer Bio, Inc.) — medium confidence, target: Within 3 months
FAQ
Who is the primary reporting person in this SC 13G filing?
The primary reporting person in this SC 13G filing is FMR LLC, as stated in Item 1 of the filing.
What is the total number of shares of Gossamer Bio, Inc. common stock beneficially owned by the reporting persons?
The total number of shares beneficially owned by the reporting persons, FMR LLC and Abigail P. Johnson, is 12,263,918, as indicated in Item 4(a) and Item 7 for both reporting persons.
What percentage of Gossamer Bio, Inc.'s common stock does FMR LLC beneficially own?
FMR LLC beneficially owns 5.440% of Gossamer Bio, Inc.'s common stock, as stated in Item 11 for both FMR LLC and Abigail P. Johnson, and Item 4(b).
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box in the filing.
What is the CUSIP number for Gossamer Bio, Inc.'s common stock?
The CUSIP number for Gossamer Bio, Inc.'s common stock is 38341P102, as listed multiple times in the filing, including Item 2(e).
From the Filing
EDGAR Filing Documents for 0000315066-24-001145 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 - Statement of Beneficial Ownership by Certain Investors: SEC Accession No. 0000315066-24-001145 Filing Date 2024-02-09 Accepted 2024-02-09 09:03:02 Documents 1 Document Format Files Seq Description Document Type Size 1 filing.txt SC 13G 6478 Complete submission text file 0000315066-24-001145.txt 8098 Mailing Address 245 SUMMER STREET BOSTON MA 02210 Business Address 245 SUMMER STREET BOSTON MA 02210 6175706339 FMR LLC (Filed by) CIK : 0000315066 (see all company filings) EIN. : 043532603 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G SIC : 0000 Mailing Address 3013 SCIENCE PARK SAN DIEGO CA 92121 Business Address 3013 SCIENCE PARK SAN DIEGO CA 92121 (858) 922-0718 Gossamer Bio, Inc. (Subject) CIK : 0001728117 (see all company filings) EIN. : 475461709 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G | Act: 34 | File No.: 005-91334 | Film No.: 24611633 SIC : 2834 Pharmaceutical Preparations (CF Office: 03 Life Sciences)