FMR LLC & Abigail Johnson Disclose 9.009% Stake in Harmony Bio

Ticker: HRMY · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, stake-disclosure

TL;DR

**FMR LLC and Abigail Johnson still own 9.009% of Harmony Bio, showing continued institutional interest.**

AI Summary

FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in Harmony Biosciences Holdings, Inc. (NASDAQ: HRMY) to 9.009% as of February 9, 2024. This represents a beneficial ownership of 5,276,825 shares of common stock. This filing indicates a significant, but slightly reduced, institutional interest in Harmony Biosciences, which could influence investor confidence and stock stability.

Why It Matters

Large institutional holdings like FMR LLC's can signal confidence in a company's future, potentially stabilizing the stock price and attracting other investors.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional holding, which generally reduces volatility and risk for individual investors.

Analyst Insight

Investors should note the continued significant institutional ownership by FMR LLC, which can provide a baseline of stability. While this filing doesn't indicate a major change, it confirms ongoing institutional interest in Harmony Biosciences Holdings, Inc.

Key Numbers

5,276,825 — Shares Beneficially Owned (Represents the total common stock shares FMR LLC and Abigail P. Johnson collectively own in Harmony Biosciences Holdings, Inc.)
9.009% — Percentage of Class (Indicates the proportion of Harmony Biosciences Holdings, Inc.'s common stock owned 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
Harmony Biosciences Holdings, Inc. (company) — the issuer of the common stock
5,276,825 (dollar_amount) — total shares beneficially owned by FMR LLC and Abigail P. Johnson
9.009% (dollar_amount) — percentage of class beneficially owned

Forward-Looking Statements

FMR LLC will maintain a significant, but potentially slightly adjusted, stake in Harmony Biosciences Holdings, Inc. over the next year. (FMR LLC) — medium 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 entities.

What is the total number of common stock shares of Harmony Biosciences Holdings, Inc. beneficially owned by FMR LLC and Abigail P. Johnson?

FMR LLC and Abigail P. Johnson each beneficially own 5,276,825 shares of common stock, as reported in Item 7 and Item 4(a) of their respective sections.

What percentage of Harmony Biosciences Holdings, Inc.'s common stock class do FMR LLC and Abigail P. Johnson collectively own?

Both FMR LLC and Abigail P. Johnson report owning 9.009% of the class, as detailed in Item 11 and Item 4(b) of their respective sections.

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 at the beginning of the filing.

What is the CUSIP number for Harmony Biosciences Holdings, Inc. common stock?

The CUSIP number for Harmony Biosciences Holdings, Inc. common stock is 413197104, as stated in the filing under 'Cusip #413197104' and Item 2(e).

From the Filing

0000315066-24-001129.txt : 20240209 0000315066-24-001129.hdr.sgml : 20240209 20240209090303 ACCESSION NUMBER: 0000315066-24-001129 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Harmony Biosciences Holdings, Inc. CENTRAL INDEX KEY: 0001802665 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 822279923 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91635 FILM NUMBER: 24611645 BUSINESS ADDRESS: STREET 1: 630 W GERMANTOWN PIKE STREET 2: SUITE 215 CITY: PLYMOUTH MEETING STATE: PA ZIP: 19462 BUSINESS PHONE: (484) 539-9800 MAIL ADDRESS: STREET 1: 630 W GERMANTOWN PIKE STREET 2: SUITE 215 CITY: PLYMOUTH MEETING STATE: PA ZIP: 19462 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.5 HARMONY BIOSCIENCES HOLDINGS INC COMMON STOCK Cusip #413197104 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) Cusip #413197104 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 5,275,851 Item 6: 0 Item 7: 5,276,825 Item 8: 0 Item 9: 5,276,825 Item 11: 9.009% Item 12: HC Cusip #413197104 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 5,276,825 Item 8: 0 Item 9: 5,276,825 Item 11: 9.009% Item 12: IN Item 1(a). Name of Issuer: HARMONY BIOSCIENCES HOLDINGS INC Item 1(b). Address of Issuer's Principal Executive Offices: 630 W Germantown Pike, Suite 215 Plymouth Meeting, PA 19462 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 413197104 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 5,276,825 (b) Percent of Class: 9.009% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 5,276,825 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of HARMONY BIOSCIENCES HOLDINGS INC. No one other person's interest in the COMMON STOCK of HARMONY BIOSCIENCES HOLDINGS INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group