American Century Amends Malibu Boats Stake as of Dec 31, 2023

TL;DR

**American Century updated its Malibu Boats stake, watch for market reaction.**

AI Summary

American Century Investment Management, Inc. filed an amended SC 13G/A on February 12, 2024, indicating a change in their ownership of Malibu Boats, Inc. Class A Common Stock as of December 31, 2023. This filing, an amendment (No. 2), updates their previous disclosures, signaling a potential shift in their investment strategy or a rebalancing of their portfolio. This matters to current and prospective shareholders because significant changes in institutional ownership can influence stock price and reflect a major investor's confidence (or lack thereof) in the company's future performance.

Why It Matters

Changes in institutional ownership can signal shifts in market sentiment or investment strategy, potentially impacting Malibu Boats' stock price and investor confidence.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and doesn't inherently indicate a high-risk event for the company.

Analyst Insight

Investors should monitor subsequent filings from American Century Investment Management, Inc. and other institutional investors to gauge broader sentiment towards Malibu Boats, Inc. and consider how this aligns with their own investment thesis.

Key Players & Entities

• American Century Investment Management, Inc. (company) — the reporting person filing the SC 13G/A
• Malibu Boats, Inc. (company) — the subject company 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

Forward-Looking Statements

• Malibu Boats' stock price may experience minor volatility as investors react to the updated institutional ownership data. (Malibu Boats, Inc.) — medium confidence, target: Q1 2024

FAQ

From the Filing

0000052388-24-000077.txt : 20240212 0000052388-24-000077.hdr.sgml : 20240212 20240212113020 ACCESSION NUMBER: 0000052388-24-000077 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MALIBU BOATS, INC. CENTRAL INDEX KEY: 0001590976 STANDARD INDUSTRIAL CLASSIFICATION: SHIP & BOAT BUILDING & REPAIRING [3730] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87995 FILM NUMBER: 24618279 BUSINESS ADDRESS: STREET 1: 5075 KIMBERLY WAY CITY: LOUDON STATE: TN ZIP: 37774 BUSINESS PHONE: 865-458-5478 MAIL ADDRESS: STREET 1: 5075 KIMBERLY WAY CITY: LOUDON STATE: TN ZIP: 37774 FORMER COMPANY: FORMER CONFORMED NAME: Malibu Boats, Inc. DATE OF NAME CHANGE: 20131104 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN CENTURY INVESTMENT MANAGEMENT INC CENTRAL INDEX KEY: 0000052388 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 440640487 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 4500 MAIN STREET CITY: KANSAS CITY STATE: MO ZIP: 64111 BUSINESS PHONE: 816-531-5575 MAIL ADDRESS: STREET 1: 4500 MAIN STREET CITY: KANSAS CITY STATE: MO ZIP: 64111 FORMER COMPANY: FORMER CONFORMED NAME: INVESTORS RESEARCH CORP DATE OF NAME CHANGE: 19920929 SC 13G/A 1 malibuboats13g-a2.htm SC 13G/A Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2) * MALIBU BOATS, INC. (Name of Issuer) CLASS A COMMON STOCK (Title of Class of Securities) 56117J100 (CUSIP Number) DECEMBER 31, 2023 (Date of Event Which Requires Filing of this Statement) 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) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 8 Pages CUSIP No. 56117J100 1. Names of Reporting Persons American Century Investment Management, Inc. 2. Check the Appropriate Box if a Member of a Group (See Instructions) a) ☐ b) ☐ 3. SEC Use Only 4. Citizenship or Place of Organization Delaware   5. Sole Voting Power 1,593,115 Number of Shares Beneficially 6.   Shared Voting Power  N/A Owned by     Each Reporting Person With: 7.   Sole Dispositive Power 1,642,115   8.   Shared Dispositive Power N/A 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,642,115 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐          11. Percent of Class Represented by Amount in Row (9) 8.05% 12. Type of Reporting Person (See Instructions) IA Page 2 of 8 Pages CUSIP No. 56117J100 1. Names of Reporting Persons American Century Companies, Inc. 2. Check the Appropriate Box if a Member of a Group (See Instructions) a) ☐ b) ☐ 3. SEC Use Only 4. Citizenship or Place of Organization Delaware   5. Sole Voting Power 1,593,115 Number of Shares Beneficially 6.   Shared Voting Power  N/A Owned by     Eac