Key Points
- Director Aaron Edward Frederick Rankin purchased 90,661 shares on Dec. 17 at an average price of $11.14, a roughly $1.01 million buy that increased his direct stake to 114,969 shares (a 372.97% position increase).
- Sprout Social beat Q3 EPS estimates ($0.23 vs. $0.16) and delivered $115.6M in revenue (up 12.7% YoY), but still has a negative net margin (~10.6%) and negative ROE (~18.9%); management guided FY2025 EPS to $0.770–$0.790.
- Analyst sentiment is mixed (six Buy, six Hold, one Sell) with a consensus target of $25.82, while the stock trades near $11 and has a 52‑week range of $9.16–$35.18.
Sprout Social, Inc. (NASDAQ:SPT - Get Free Report) Director Aaron Edward Frederick Rankin acquired 90,661 shares of the firm's stock in a transaction that occurred on Wednesday, December 17th. The shares were bought at an average price of $11.14 per share, with a total value of $1,009,963.54. Following the acquisition, the director directly owned 114,969 shares of the company's stock, valued at $1,280,754.66. The trade was a 372.97% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Sprout Social Stock Performance
Shares of SPT stock opened at $11.23 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a market cap of $664.69 million, a price-to-earnings ratio of -13.86 and a beta of 0.79. Sprout Social, Inc. has a 52 week low of $9.16 and a 52 week high of $35.18. The firm's 50-day simple moving average is $10.51 and its two-hundred day simple moving average is $14.80.
Sprout Social (NASDAQ:SPT - Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.07. Sprout Social had a negative net margin of 10.59% and a negative return on equity of 18.93%. The company had revenue of $115.59 million during the quarter, compared to analyst estimates of $114.86 million. During the same quarter last year, the business posted $0.13 EPS. Sprout Social's quarterly revenue was up 12.7% compared to the same quarter last year. Sprout Social has set its FY 2025 guidance at 0.770-0.790 EPS and its Q4 2025 guidance at 0.150-0.170 EPS. As a group, equities analysts forecast that Sprout Social, Inc. will post -0.99 earnings per share for the current year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. Quarry LP increased its position in shares of Sprout Social by 85.2% during the first quarter. Quarry LP now owns 1,463 shares of the company's stock valued at $32,000 after buying an additional 673 shares during the period. First Horizon Advisors Inc. grew its stake in Sprout Social by 78.9% during the second quarter. First Horizon Advisors Inc. now owns 1,531 shares of the company's stock valued at $32,000 after acquiring an additional 675 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in Sprout Social during the 3rd quarter worth approximately $30,000. Versant Capital Management Inc lifted its stake in Sprout Social by 2,754.5% in the 3rd quarter. Versant Capital Management Inc now owns 3,511 shares of the company's stock worth $45,000 after purchasing an additional 3,388 shares in the last quarter. Finally, CWM LLC lifted its stake in Sprout Social by 266.3% in the 2nd quarter. CWM LLC now owns 3,934 shares of the company's stock worth $82,000 after purchasing an additional 2,860 shares in the last quarter.
Analysts Set New Price Targets
SPT has been the subject of several research reports. Morgan Stanley cut their price target on Sprout Social from $17.00 to $14.00 and set an "equal weight" rating for the company in a research note on Thursday, November 13th. Canaccord Genuity Group cut their target price on shares of Sprout Social from $25.00 to $16.00 and set a "buy" rating for the company in a research report on Friday, November 7th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of Sprout Social in a research note on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $25.82.
Get Our Latest Analysis on Sprout Social
Sprout Social Company Profile
(
Get Free Report)
Sprout Social, Inc designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.
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