SCHEDULE 13G/A: BlackRock Discloses 12.6% Stake in Sprinklr, Inc. Class A Stock

BlackRock, Inc. has filed an amended Schedule 13G, revealing a beneficial ownership of 12.6% of Sprinklr, Inc.'s Class A Stock as of March 31, 2025.

Summary

• BlackRock, Inc. reported beneficial ownership of 17,640,825 shares of Sprinklr, Inc.'s Class A Stock.
• This ownership represents 12.6% of the total outstanding Class A Stock of Sprinklr, Inc.
• BlackRock holds sole voting power over 17,501,984 shares and sole dispositive power over 17,640,825 shares.
• The filing is an Amendment No. 3 to Schedule 13G, indicating a passive investment position.
• The event date requiring this filing was March 31, 2025.
• One of BlackRock's subsidiaries, iShares Core S&P Small-Cap ETF, holds more than 5% of the total outstanding common stock of Sprinklr, Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain subjective language or performance metrics that would indicate a positive or negative sentiment. It is a neutral regulatory filing.

Future Outlook

NA

Management Comments

• BlackRock, Inc. certifies that the securities 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 Rule 14a-11.

Industry Context

This Schedule 13G filing indicates a significant passive investment by BlackRock, one of the world's largest asset managers, in Sprinklr, Inc. Such disclosures are common for large institutional investors who acquire more than 5% of a company's voting shares, signaling their long-term, non-controlling interest in the company. It reflects BlackRock's investment strategy within the software and customer experience management sector where Sprinklr operates.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by a major institutional investor like BlackRock may be perceived as a vote of confidence, potentially influencing investor sentiment and the company's stock price.

Key Dates

Keywords

BlackRock, Sprinklr Inc, Schedule 13G, Beneficial Ownership, Class A Stock, Institutional Investor, Passive Investment, SEC Filing