SCHEDULE: FMR LLC Discloses 6.9% Stake in Concentrix Corp

FMR LLC and Abigail P. Johnson have reported beneficial ownership of 4,223,281.76 shares, representing 6.9% of Concentrix Corp's common stock as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, indicating their beneficial ownership of Concentrix Corp's common stock.
• As of March 31, 2026, the total number of shares beneficially owned is 4,223,281.76.
• This holding represents 6.9% of the total outstanding common stock of Concentrix Corp.
• FMR LLC, a Delaware entity, holds the majority of the voting and dispositive power for these shares.
• Abigail P. Johnson, a U.S. citizen, is identified as a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's voting shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a routine disclosure of beneficial ownership and does not inherently signal positive or negative performance or strategic shifts for Concentrix Corp.

Positives

• Significant beneficial ownership stake of 6.9% in Concentrix Corp by FMR LLC and Abigail P. Johnson.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding future shareholdings or company performance. It primarily reports on past ownership as of March 31, 2026.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC and Abigail P. Johnson signifies a substantial institutional investment in Concentrix Corp, a company operating in the business services and IT consulting sector. Such filings are common for large investment firms and key individuals when their ownership stake crosses a reporting threshold, indicating confidence or strategic interest in the company's performance.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's stake, which can influence market perception and stock liquidity.
• Management: The reporting persons, FMR LLC and Abigail P. Johnson, are significant stakeholders, aligning their interests with other shareholders.
• Regulators: Compliance with SEC reporting requirements is maintained.

Next Steps

• Continued monitoring of FMR LLC's and Abigail P. Johnson's beneficial ownership of Concentrix Corp's common stock.
• Observing any future filings that may indicate changes in their stake or investment strategy.

Key Dates

Keywords

Concentrix Corp, Schedule 13G, FMR LLC, Abigail P. Johnson, beneficial ownership, common stock, SEC filing, investment