SCHEDULE 13G/A: BlackRock Amends Stake in ScanSource, Reports 15.2% Beneficial Ownership

Sentiment:

Beneficial Ownership Report


BlackRock, Inc. has filed an Amendment No. 4 to its Schedule 13G, disclosing a 15.2% beneficial ownership stake in ScanSource, Inc. as of March 31, 2025.

Summary

  • BlackRock, Inc. filed an Amendment No. 4 to its Schedule 13G regarding its beneficial ownership in SCANSOURCE, INC.
  • As of March 31, 2025, BlackRock, Inc. beneficially owns 3,573,464 shares of SCANSOURCE, INC. Common Stock.
  • This ownership represents 15.2% of the class of securities.
  • BlackRock, Inc. holds sole voting power over 3,529,538 shares and sole dispositive power over 3,573,464 shares.
  • No shared voting or dispositive power was reported.
  • The filing confirms that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
  • iShares Core S&P Small-Cap ETF, a BlackRock entity, is noted to have an interest of more than five percent of the total outstanding common stock of SCANSOURCE, INC.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of beneficial ownership by a large institutional investor, indicating a neutral sentiment as it does not contain performance data, strategic changes, or new significant events beyond the ownership update itself.

Positives

  • The continued significant ownership by a major institutional investor like BlackRock (15.2%) may signal confidence in ScanSource, Inc.'s long-term prospects.

Negatives

  • NA

Risks

  • NA

Future Outlook

NA

Management Comments

  • "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

NA

Stakeholder Impact

  • Shareholders: The continued significant stake held by BlackRock may be viewed positively, indicating a large institutional investor's ongoing confidence in the company. The disclosure provides transparency regarding a major shareholder's position.

Key Dates

DateDescription
2023-04-30Previous Power of Attorney date, which was revoked by the new one.
2025-01-21Effective date of the new Power of Attorney for BlackRock, Inc. signatories.
2025-03-31Date of event which requires the filing of this statement (reporting period end date).
2025-04-29Date the Schedule 13G Amendment No. 4 was signed by BlackRock, Inc.

Keywords

BlackRock, ScanSource, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Management, Equity Stake

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.