Phoenix Holdings Amends Stratasys Stake as of Dec 31, 2023
Ticker: SSYS · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 1517396
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, equity-stake
TL;DR
**Phoenix Holdings updated its Stratasys stake, signaling potential shifts in institutional confidence.**
AI Summary
Phoenix Holdings Ltd. filed an amended SC 13G/A on February 12, 2024, disclosing its beneficial ownership in Stratasys Ltd. as of December 31, 2023. This amendment, the third for Phoenix Holdings, indicates a change in their holding of Stratasys's Ordinary Shares, par value NIS 0.01 per share. This matters to investors because significant changes in institutional ownership can signal confidence or concern about the company's future prospects, potentially influencing stock price movements.
Why It Matters
Changes in major institutional holdings can impact investor sentiment and stock valuation, as large investors often have deep insights into a company's health and future.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of ownership and does not inherently present a direct risk to investors.
Analyst Insight
Investors should monitor subsequent filings from Phoenix Holdings Ltd. to track their evolving position in Stratasys Ltd. and consider this information alongside Stratasys's financial performance and market news.
Key Players & Entities
- Phoenix Holdings Ltd. (company) — the reporting person filing the SC 13G/A
- Stratasys Ltd. (company) — the issuer whose securities are 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
- NIS 0.01 (dollar_amount) — par value per share of Stratasys Ordinary Shares
FAQ
What type of securities of Stratasys Ltd. are covered by this SC 13G/A filing?
This SC 13G/A filing covers 'Ordinary Shares, par value NIS 0.01 per share' of Stratasys Ltd., as stated under 'Title of Class of Securities'.
Who is the reporting person in this SC 13G/A filing?
The reporting person in this SC 13G/A filing is 'The Phoenix Holdings Ltd.', as identified in 'NAME OF REPORTING PERSONS' on page 2 of 8.
What is the CUSIP number for Stratasys Ltd.'s securities mentioned in this filing?
The CUSIP number for Stratasys Ltd.'s securities is 'M85548101', as listed on the cover page and page 2 of 8.
What was the 'Date of Event Which Requires Filing of this Statement' for this SC 13G/A?
The 'Date of Event Which Requires Filing of this Statement' was 'December 31, 2023', as specified on the cover page of the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under 'Rule 13d-1(c)', indicated by the checked box on the cover page.
Filing Stats: 1,255 words · 5 min read · ~4 pages · Grade level 11.8 · Accepted 2024-02-12 12:38:49
Filing Documents
- zk2430925.htm (SC 13G/A) — 70KB
- 0001178913-24-000463.txt ( ) — 71KB
(a)
Item 1. (a) Name of Issuer : Stratasys Ltd. (b) Address of Issuer's Principal Executive Offices : 1 Holtzman Street, Science Park, P.O. Box 2496, Rehovot 7670401, Israel and 7665 Commerce Way, Eden Prairie, Minnesota 55344.
(a)
Item 2. (a) Name of Person Filing : The Phoenix Holdings Ltd. The securities reported herein are beneficially owned by various direct or indirect, majority or wholly-owned subsidiaries of the Phoenix Holdings Ltd. (the "Subsidiaries"). The Subsidiaries manage their own funds and/or the funds of others, including for holders of exchange-traded notes or various insurance policies, members of pension or provident funds, unit holders of mutual funds, and portfolio management clients. Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions. (b) Address of Principal Business Office : The address of the Phoenix Holdings Ltd. is Derech Hashalom 53, Givataim, 53454, Israel. (c) Citizenship : The Phoenix Holdings Ltd. - Israel (d) Title of Class of Securities : Ordinary Shares, par value NIS 0.01 per share (e) CUSIP Number : M85548101 Item 3 . Not applicable. Item 4 . (a) Amount beneficially owned : See row 9 of cover page of each reporting person. Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions. Neither the filing of this Schedule 13G nor any of its contents shall be deemed to constitute an admission by either the Filing Persons or Subsidiaries that a group exists for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose, and each reporting person disclaims the existence of any such group. In addition, each of the Filing Persons and Subsidiaries disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest therein. This Statement shall not be construed as an admission by the Filing Persons or Subsidiaries that they are the beneficial owners of any of the Ordinary Shares covered by this Statement, and each of Filing Persons and Subsidiaries disclaims beneficial ownership of any such Ordinary Sh