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Doximity | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-ClearBridge Investments, LLC(5.0%)

SEC announcement ·  Feb 10 04:30
Summary by Futu AI
ClearBridge Investments, LLC, an investment adviser and subsidiary of Franklin Resources, Inc., has filed an amended Schedule 13G with the SEC, indicating a 5.0% ownership stake in Doximity, Inc., a digital platform for medical professionals. The filing, dated December 31, 2023, reports that ClearBridge has sole voting and dispositive power over 5,922,010 shares of Doximity's Class A common stock. The filing asserts that the shares are owned by investment management clients of ClearBridge, including open-end investment companies and other managed accounts. ClearBridge operates independently from its parent company, Franklin Resources, and other affiliates, maintaining informational barriers to uphold the confidentiality of investment and voting decisions. The filing also clarifies that the shares were acquired in the ordinary course of business, not with the intent to change or influence control of Doximity.
ClearBridge Investments, LLC, an investment adviser and subsidiary of Franklin Resources, Inc., has filed an amended Schedule 13G with the SEC, indicating a 5.0% ownership stake in Doximity, Inc., a digital platform for medical professionals. The filing, dated December 31, 2023, reports that ClearBridge has sole voting and dispositive power over 5,922,010 shares of Doximity's Class A common stock. The filing asserts that the shares are owned by investment management clients of ClearBridge, including open-end investment companies and other managed accounts. ClearBridge operates independently from its parent company, Franklin Resources, and other affiliates, maintaining informational barriers to uphold the confidentiality of investment and voting decisions. The filing also clarifies that the shares were acquired in the ordinary course of business, not with the intent to change or influence control of Doximity.
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