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BlackRock Reports 0.9% Stake in Light & Wonder Class A Shares

Story Highlights
  • Light & Wonder is a Las Vegas-based gaming technology company focused on casino and digital content.
  • BlackRock disclosed a 0.9% beneficial stake in Light & Wonder, holding sole voting and dispositive power over the shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BlackRock Reports 0.9% Stake in Light & Wonder Class A Shares

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Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:LNW) ) just unveiled an update.

BlackRock, Inc. has disclosed that it beneficially owns 699,360 shares of Light & Wonder, Inc. Class A stock, representing approximately 0.9% of the company’s outstanding Class A shares, according to an updated Schedule 13G filing with the U.S. Securities and Exchange Commission. The filing, which reflects holdings of specific BlackRock business units, indicates that BlackRock holds sole voting power over 666,842 shares and sole dispositive power over 699,360 shares, underscoring the asset manager’s modest but notable institutional position in Light & Wonder without shared voting or dispositive control.

The most recent analyst rating on (AU:LNW) stock is a Buy with a A$200.00 price target. To see the full list of analyst forecasts on Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh stock, see the AU:LNW Stock Forecast page.

More about Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh

Light & Wonder, Inc. is a U.S.-based gaming and entertainment company headquartered in Las Vegas, Nevada, focused on providing gaming content, platforms and technology solutions to casinos and digital gaming operators through its Class A common stock structure.

Average Trading Volume: 653,241

Technical Sentiment Signal: Buy

Current Market Cap: A$14.64B

For an in-depth examination of LNW stock, go to TipRanks’ Overview page.

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