Key Points
- Justyn Russell Howard sold 23,855 shares of Sprout Social on March 3 at an average price of $6.76 for a total of $161,259.80, trimming his holding by 8.33% to 262,376 shares (about $1.77M).
- Sprout Social beat quarterly EPS and revenue estimates and issued FY2026 EPS guidance of 0.880–0.970, but remains unprofitable with negative net margin and ROE; the stock trades near $7.16 with a market cap of ~$424M and analysts have cut targets, leaving an average rating of "Hold" and a $13.67 price target.
Sprout Social, Inc. (NASDAQ:SPT - Get Free Report) insider Justyn Russell Howard sold 23,855 shares of Sprout Social stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $6.76, for a total transaction of $161,259.80. Following the completion of the sale, the insider directly owned 262,376 shares in the company, valued at approximately $1,773,661.76. This represents a 8.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Justyn Russell Howard also recently made the following trade(s):
- On Friday, January 9th, Justyn Russell Howard sold 40,000 shares of Sprout Social stock. The stock was sold at an average price of $10.70, for a total transaction of $428,000.00.
Sprout Social Stock Performance
Shares of NASDAQ:SPT traded up $0.41 during mid-day trading on Thursday, reaching $7.16. The company had a trading volume of 239,322 shares, compared to its average volume of 1,610,080. Sprout Social, Inc. has a one year low of $6.03 and a one year high of $26.38. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 0.20. The company's 50-day moving average price is $8.84 and its 200-day moving average price is $10.96. The firm has a market cap of $423.80 million, a price-to-earnings ratio of -9.68 and a beta of 0.94.
Sprout Social (NASDAQ:SPT - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.04. The business had revenue of $120.89 million during the quarter, compared to the consensus estimate of $118.68 million. Sprout Social had a negative return on equity of 16.10% and a negative net margin of 9.47%.Sprout Social has set its FY 2026 guidance at 0.880-0.970 EPS and its Q1 2026 guidance at 0.150-0.160 EPS. As a group, equities research analysts anticipate that Sprout Social, Inc. will post -0.99 EPS for the current fiscal year.
Analyst Ratings Changes
Several research firms have recently weighed in on SPT. The Goldman Sachs Group reduced their target price on shares of Sprout Social from $13.00 to $8.00 and set a "neutral" rating for the company in a research note on Monday. Morgan Stanley lowered their target price on shares of Sprout Social from $17.00 to $14.00 and set an "equal weight" rating on the stock in a report on Thursday, November 13th. Canaccord Genuity Group reaffirmed a "hold" rating and issued a $9.00 price target (down from $16.00) on shares of Sprout Social in a report on Friday, February 27th. Needham & Company LLC dropped their price objective on Sprout Social from $32.00 to $14.00 and set a "buy" rating on the stock in a report on Friday, February 27th. Finally, Wall Street Zen downgraded Sprout Social from a "buy" rating to a "hold" rating in a research note on Saturday, February 28th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Sprout Social currently has an average rating of "Hold" and an average price target of $13.67.
View Our Latest Analysis on Sprout Social
Institutional Investors Weigh In On Sprout Social
Large investors have recently added to or reduced their stakes in the business. Topline Capital Management LLC bought a new position in Sprout Social in the 3rd quarter worth about $17,555,000. Cubist Systematic Strategies LLC grew its holdings in shares of Sprout Social by 739.6% during the second quarter. Cubist Systematic Strategies LLC now owns 714,089 shares of the company's stock worth $14,932,000 after purchasing an additional 629,033 shares in the last quarter. Norges Bank bought a new position in shares of Sprout Social in the second quarter worth approximately $10,694,000. Canada Pension Plan Investment Board increased its position in shares of Sprout Social by 20,382.0% in the second quarter. Canada Pension Plan Investment Board now owns 471,087 shares of the company's stock worth $9,850,000 after purchasing an additional 468,787 shares during the last quarter. Finally, Federated Hermes Inc. lifted its position in Sprout Social by 182.3% during the second quarter. Federated Hermes Inc. now owns 687,234 shares of the company's stock valued at $14,370,000 after purchasing an additional 443,774 shares during the last quarter.
About Sprout Social
(
Get Free Report)
Sprout Social (NASDAQ: SPT) is a Chicago-based software company specializing in social media management solutions for businesses of all sizes. The company provides a cloud-based platform designed to help organizations improve their social media presence through a suite of tools for content scheduling, community engagement, social listening and analytics. Sprout Social's platform is built to streamline the workflows of marketing, customer care and public relations teams by providing a centralized hub for managing multiple social channels.
The company's product offerings include publishing and scheduling capabilities that allow users to plan and automate social content across networks such as Facebook, Instagram, Twitter, LinkedIn and Pinterest.
Further Reading
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