FIL Limited and affiliates report 0.0% ownership in Sapiens (SPNS) common stock
Rhea-AI Filing Summary
FIL Limited and related entities report no current stake in Sapiens International Corp N.V. The Schedule 13G/A (Amendment No. 1) states that FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. beneficially own 0.00 shares of Sapiens common stock, representing 0.0% of the class as of the event date.
The filing confirms each reporting person has no sole or shared voting or dispositive power over Sapiens common stock and indicates ownership of 5 percent or less of the class. The securities are described as being acquired and held in the ordinary course of business, without any purpose or effect of changing or influencing control of the issuer.
Positive
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Insights
Filing updates that several institutional filers now report 0.0% ownership of Sapiens common stock.
FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. collectively report beneficial ownership of 0.00 Sapiens common shares, or 0.0% of the class, as of the stated event date. They also report no sole or shared voting or dispositive power.
This Schedule 13G/A is an ownership disclosure rather than an operational or earnings update. It indicates that these institutions are reporting ownership of 5 percent or less of the class. The certification language emphasizes that holdings are in the ordinary course of business and not aimed at changing or influencing control of Sapiens.
Because the document focuses on regulatory reporting of beneficial ownership with a 0.0% position, it does not directly address Sapiens’ financial performance, strategy, or outlook. Future company filings will provide more information on business trends, while similar ownership reports can update the large-holder landscape over time.