First Eagle reports 8.55% beneficial stake in NOV
First Eagle Investment Management, LLC reports beneficial ownership of NOV Inc common stock on a passive Schedule 13G/A basis.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
First Eagle Investment Management, LLC reports beneficial ownership of NOV Inc common stock on a passive Schedule 13G/A basis. Acting as investment adviser to various clients, it is deemed to beneficially own 30,685,871.42 shares, representing 8.55% of NOV’s common stock believed to be outstanding. It holds sole voting powersole dispositive powerFirst Eagle Global Fund, a registered investment company advised by First Eagle, may be deemed to beneficially own 2,421,533 of these shares, or 5.77% of NOV’s common stock.
Key Figures
Key Terms
beneficial owner financial
sole voting power financial
sole dispositive power financial
Schedule 13G regulatory
investment adviser financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much of NOV (NOV) stock does First Eagle Investment Management beneficially own?
What dispositive power does First Eagle have over its NOV (NOV) holdings?
How much NOV (NOV) stock may the First Eagle Global Fund beneficially own?
Who ultimately receives dividends and sale proceeds from First Eagle’s NOV (NOV) holdings?
What type of SEC filing did First Eagle use to report its NOV (NOV) stake?
AI-generated analysis. How Rhea-AI works. Not financial advice.