SEC Form SC 13G filed by Sprout Social Inc

1/26/24 9:16:07 AM ET

Computer Software: Prepackaged Software

Technology

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SC 13G 1 SproutSocial29122023.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 SPROUT SOCIAL, INC. ----------------------------------------------------------------------- (Name of Issuer) Class A Common Stock ----------------------------------------------------------------------- (Title of Class of Securities) 85209W109 ----------------------------------------------------------------------- (CUSIP Number) 29 December 2023 ----------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-06) CUSIP No. 85209W109 _______________________________________________________________________ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Baillie Gifford & Co (Scottish partnership) _______________________________________________________________________ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a).................................................................... (b).................................................................... _______________________________________________________________________ 3. SEC Use Only _______________________________________________________________________ 4. Citizenship or Place of Organization SCOTLAND UK _______________________________________________________________________ Number of 5. Sole Voting Power 3,900,125 Shares Bene ______________________________________________________ ficially by 6. Shared Voting Power 0 Owned by Each ______________________________________________________ Reporting 7. Sole Dispositive Power 4,114,040 Person With: ______________________________________________________ 8. Shared Dispositive Power 0 _______________________________________________________________________ 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,114,040 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 8.43% _______________________________________________________________________ 12. Type of Reporting Person (See Instructions) IA _______________________________________________________________________ Item 1. (a) Name of Issuer SPROUT SOCIAL, INC. (b) Address of Issuers Principal Executive Offices 131 SOUTH DEARBORN STREET SUITE 700 CHICAGO IL 60603 Item 2. (a) Name of Person Filing Baillie Gifford & Co (b) Address of Principal Business Office or, if none, Residence Calton Square 1 Greenside Row Edinburgh EH1 3AN Scotland UK (c) Citizenship Scotland UK (d) Title of Class of Securities Class A Common Stock (e) CUSIP Number 85209W109 Item 3. If this statement is filed pursuant to rule 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) An investment adviser in accordance with rule 240.13d- 1(b)(1)(ii)(E) (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F) (g) A parent holding company or control person in accordance with rule 240.13d-1(b) (1)(ii)(G) (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (j) X A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____ Item 4. Ownership. Provide the following information regarding the aggregate number and Percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: see row (9) on page 2. (b) Percent of Class: see row (11) on page 2. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote See row (5) on page 2. (ii) Shared power to vote or to direct the vote See row (6) on page 2 (iii) Sole power to dispose or to direct the disposition of See row (7) on page 2 (iv) Shared power to dispose or to direct the disposition of See row (8) on page 2 Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Securities reported on this Schedule 13G as being beneficially owned by Baillie Gifford & Co. are held by Baillie Gifford & Co. and/or one or more of its investment adviser subsidiaries, which may include Baillie Gifford Overseas Limited, on behalf of investment advisory clients, which may include investment companies registered under the Investment Company Act, employee benefit plans, pension funds or other institutional clients. [X] Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification 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. - the foreign regulatory scheme applicable to investment advisers is substantially comparable to the functionally equivalent U.S. institution(s). I also undertake to furnish the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D. SIGNATURE After reasonable enquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct 26 January 2024 ________________________________ Date Grant Meikle _______________________________________ Signature Grant Meikle Compliance Manager _______________________________________ Name/Title The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representatives authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule,including all exhibits. See rule 240.13d- 7 for other parties for whom copies are to be sent. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

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Date	Price Target	Rating	Analyst
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6/3/2025	$24.00	Overweight → Neutral	Cantor Fitzgerald
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SEC Form SC 13G filed by Sprout Social Inc

1/26/24 9:16:07 AM ET

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Computer Software: Prepackaged Software

Technology

Get the next $SPT alert in real time by email

Recent Analyst Ratings for

$SPT

Date	Price Target	Rating	Analyst
2/27/2026	$9.00	Buy → Hold	Canaccord Genuity
6/3/2025	$24.00	Overweight → Neutral	Cantor Fitzgerald
11/19/2024	$28.00	Sector Perform	Scotiabank
8/22/2024	$28.00	Sector Weight → Underweight	KeyBanc Capital Markets
5/3/2024		Outperform → Mkt Perform	William Blair
5/3/2024	$80.00 → $44.00	Buy → Neutral	Goldman
5/3/2024		Overweight → Sector Weight	KeyBanc Capital Markets
5/3/2024	$72.00 → $45.00	Outperform → Neutral	Robert W. Baird

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SEC Form SC 13G filed by Sprout Social Inc

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Analyst Ratings

Sprout Social downgraded by Canaccord Genuity with a new price target

Sprout Social downgraded by Cantor Fitzgerald with a new price target

Scotiabank initiated coverage on Sprout Social with a new price target

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Press Releases

Sprout Social Named as a Visionary in the 2026 Gartner® Magic Quadrant™ for Social Media Management and Listening

Sprout Social to Announce Second Quarter 2026 Financial Results on August 6, 2026

Sprout Social Expands Snapchat Integration, Giving Brands a More Direct Line to Highly Engaged Audiences

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SEC Filings

Sprout Social Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Costs Associated with Exit or Disposal Activities, Regulation FD Disclosure, Financial Statements and Exhibits

Sprout Social Inc filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

Sprout Social Inc filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

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Insider Trading

Executive Chair Howard Justyn Russell converted options into 40,000 shares and sold $331,360 worth of shares (40,000 units at $8.28) as part of a pre-agreed trading plan (SEC Form 4)

CEO Barretto Ryan Paul was granted 2,415 shares and covered exercise/tax liability with 2,190 shares, increasing direct ownership by 0.02% to 1,370,075 units (SEC Form 4)

Executive Chair Howard Justyn Russell converted options into 40,000 shares and sold $279,680 worth of shares (40,000 units at $6.99) as part of a pre-agreed trading plan (SEC Form 4)

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Insider Purchases

CEO Barretto Ryan Paul bought $1,002,621 worth of shares (93,984 units at $10.67), increasing direct ownership by 12% to 875,256 units (SEC Form 4)

Director Rankin Aaron Edward Frederick bought $1,009,964 worth of shares (90,661 units at $11.14), increasing direct ownership by 373% to 114,969 units (SEC Form 4)

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Financials

Sprout Social to Announce Second Quarter 2026 Financial Results on August 6, 2026

Sprout Social Announces First Quarter 2026 Financial Results

Sprout Social to Announce First Quarter 2026 Financial Results on May 7, 2026

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Leadership Updates

The Knot Worldwide Announces Leadership Transition: Raina Moskowitz to Join as CEO Following Founder and CEO Timothy Chi's Move to Vice Chair

Sprout Social Names Mike Wolff as Chief Revenue Officer

Sprout Social Names Erika Trautman as Chief Product Officer

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Large Ownership Changes