SCHEDULE 13G/A: BlackRock Discloses 6.3% Stake in Health Catalyst, Inc. Common Stock
Beneficial Ownership Filing
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 6.3% beneficial ownership stake in Health Catalyst, Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 4,407,735 shares of Health Catalyst, Inc. common stock.
- This represents 6.3% of the total outstanding common shares of Health Catalyst, Inc.
- BlackRock, Inc. holds sole voting power over 4,330,584 shares and sole dispositive power over 4,407,735 shares.
- The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to previous ownership disclosures.
- BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership by an institutional investor and does not contain information related to the issuer's financial performance, operational updates, or future guidance that would typically influence sentiment.
Positives
- BlackRock, Inc.'s significant beneficial ownership stake of 6.3% in Health Catalyst, Inc. may be viewed as a vote of confidence from a major institutional investor.
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
This filing reflects BlackRock's passive investment in Health Catalyst, a healthcare technology company, aligning with institutional investment trends in the health tech sector.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders may view BlackRock's significant beneficial ownership as a positive signal of institutional confidence in Health Catalyst, Inc.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 04/30/2023 | Date of previous Power of Attorney revoked by the new Power of Attorney. |
| 01/21/2025 | Effective date of the new Power of Attorney granted by BlackRock, Inc. |
| 03/31/2025 | Date of event which requires the filing of this statement (beneficial ownership snapshot). |
| 04/17/2025 | Date of signature for the Schedule 13G filing. |
Keywords
Health Catalyst, BlackRock, Schedule 13G, beneficial ownership, common stock, institutional investor, healthcare technology, SEC filing
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