FMR LLC files amendment: 8.9% stake in Sequans Communications (NYSE: SQNS)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
FMR LLC filed an amendment to a Schedule 13G/A reporting ownership of common stock of SEQUANS COMMUNICATIONS SA. The filing states FMR LLC beneficially owns 138,368,200 shares, representing 8.9% of the class as of 03/31/2026. The filing also discloses that Fidelity Tactical High Income Fund held 95,056,600 shares or 6.1% as of that date. The amendment is signed under a power of attorney dated April 13, 2026.
Positive
- None.
Negative
- None.
Key Figures
FMR LLC beneficial ownership: 138,368,200 shares
FMR LLC percent of class: 8.9%
Fidelity Tactical High Income Fund holding: 95,056,600 shares
+2 more
5 metrics
FMR LLC beneficial ownership
138,368,200 shares
Amount beneficially owned as of 03/31/2026
FMR LLC percent of class
8.9%
Percent of common stock as of 03/31/2026
Fidelity Tactical High Income Fund holding
95,056,600 shares
Amount held by the fund as of 03/31/2026
Fidelity fund percent of class
6.1%
Percent of common stock as of 03/31/2026
Power of attorney effective date
April 13, 2026
Date of power of attorney referenced in signatures
Key Terms
Schedule 13G/A, beneficially owned, power of attorney
3 terms
Schedule 13G/A regulatory
"Amendment to Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Amount beneficially owned: 138368200.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
power of attorney legal
"Duly authorized under Power of Attorney effective as of April 13, 2026"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What stake does FMR LLC report in SEQUANS COMMUNICATIONS SA (SQNS)?
FMR LLC reports beneficial ownership of 138,368,200 shares, equal to 8.9% of common stock as of 03/31/2026. The figure is declared on an amended Schedule 13G/A filed by FMR LLC.
Does the filing show any other large holder for SQNS?
Yes. The filing states the Fidelity Tactical High Income Fund held 95,056,600 shares, or 6.1% of common stock as of 03/31/2026. That interest is identified under Item 6 of the schedule.
Who signed the Schedule 13G/A amendment for FMR LLC?
The amendment is signed by Richard Bourgelas acting under a power of attorney on behalf of FMR LLC and by the same signer on behalf of Abigail P. Johnson. The power of attorney is effective April 13, 2026.
What date is the reported ownership figure tied to in the filing?
The ownership figures are reported as of 03/31/2026. The Schedule 13G/A lists that date for the shares and percentages disclosed by FMR LLC.