Morgan Stanley Amends Blackbaud Stake (18th Time)
Ticker: BLKB · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 1280058
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, investor-update
Related Tickers: BLKB
TL;DR
**Morgan Stanley updated its Blackbaud stake, signaling continued institutional interest.**
AI Summary
Morgan Stanley filed an amended Schedule 13G/A on February 12, 2024, indicating their ownership of Blackbaud Inc. common stock as of December 31, 2023. This is the 18th amendment to their filing, showing a continued, though potentially adjusted, significant stake in Blackbaud. This matters to investors because large institutional holdings like Morgan Stanley's can influence stock stability and signal confidence (or lack thereof) in the company's future performance.
Why It Matters
This filing shows Morgan Stanley's updated position in Blackbaud, which can impact investor sentiment and the stock's perceived stability due to a major institutional holder's involvement.
Risk Assessment
Risk Level: low — This is a routine amendment by a large institutional investor, not indicating any immediate high-risk event.
Analyst Insight
Investors should note Morgan Stanley's continued presence as a significant holder, but without specific share count changes in this excerpt, it's difficult to gauge a bullish or bearish signal. Further analysis of the full filing for share count changes would be prudent.
Key Players & Entities
- Morgan Stanley (company) — the entity filing the SC 13G/A
- Blackbaud Inc. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 12, 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 stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No.18)*' sections.
Who is the subject company of this filing?
The subject company is BLACKBAUD INC, as indicated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BLACKBAUD INC'.
Who filed this SC 13G/A?
This SC 13G/A was filed by MORGAN STANLEY, as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY'.
What is the date of the event that required this filing?
The date of the event which required this filing is December 31, 2023, as specified in the document under 'Date Of Event which Requires Filing of this Statement'.
How many amendments has Morgan Stanley made to its Schedule 13G for Blackbaud Inc.?
This is the 18th amendment, as indicated by '(Amendment No.18)*' on the Schedule 13G form.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 12, 2024 regarding BLACKBAUD INC (BLKB).