Key Points
- Insider Justyn Russell Howard sold 40,000 shares on March 11 at an average price of $5.96 for about $238,400, reducing his stake by 84.36% to 7,417 shares; he also sold 23,855 shares on March 3 and 40,000 shares on Jan 9.
- Shares are weak, trading near $5.80 (close to a 52‑week low of $5.70) with a market cap of about $343 million and 50‑/200‑day moving averages well above the current price.
- Analysts have lowered targets (e.g., Goldman to $8, Canaccord to $9, Needham to $14) leaving an average "Hold" rating and $13.67 target, while Sprout Social beat quarterly revenue/EPS estimates but remains unprofitable and issued FY2026 EPS guidance of $0.88–0.97.
Sprout Social, Inc. (NASDAQ:SPT - Get Free Report) insider Justyn Russell Howard sold 40,000 shares of the company's stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $5.96, for a total transaction of $238,400.00. Following the completion of the sale, the insider directly owned 7,417 shares in the company, valued at approximately $44,205.32. The trade was a 84.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.
Justyn Russell Howard also recently made the following trade(s):
- On Tuesday, March 3rd, Justyn Russell Howard sold 23,855 shares of Sprout Social stock. The shares were sold at an average price of $6.76, for a total transaction of $161,259.80.
- 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 value of $428,000.00.
Sprout Social Stock Performance
NASDAQ SPT traded down $0.19 during trading on Friday, reaching $5.80. 563,117 shares of the company's stock were exchanged, compared to its average volume of 1,646,535. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.93 and a quick ratio of 0.93. The business has a 50 day moving average price of $8.25 and a 200-day moving average price of $10.63. The stock has a market capitalization of $343.01 million, a P/E ratio of -7.83 and a beta of 0.94. Sprout Social, Inc. has a fifty-two week low of $5.70 and a fifty-two week high of $25.81.
Sprout Social (NASDAQ:SPT - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.04. Sprout Social had a negative return on equity of 16.10% and a negative net margin of 9.47%.The company had revenue of $120.89 million during the quarter, compared to analysts' expectations of $118.68 million. 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. Sell-side analysts forecast that Sprout Social, Inc. will post -0.99 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of research firms have commented on SPT. The Goldman Sachs Group reduced their price objective on shares of Sprout Social from $13.00 to $8.00 and set a "neutral" rating for the company in a research report on Monday, March 2nd. Canaccord Genuity Group restated a "hold" rating and set a $9.00 target price (down from $16.00) on shares of Sprout Social in a research note on Friday, February 27th. Needham & Company LLC reduced their target price on shares of Sprout Social from $32.00 to $14.00 and set a "buy" rating for the company in a report on Friday, February 27th. Weiss Ratings reissued a "sell (e+)" rating on shares of Sprout Social in a report on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Sprout Social from a "hold" rating to a "buy" rating in a research report on Sunday, March 8th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $13.67.
View Our Latest Stock Report on SPT
Hedge Funds Weigh In On Sprout Social
Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its position in Sprout Social by 4.2% during the fourth quarter. Vanguard Group Inc. now owns 6,822,928 shares of the company's stock worth $76,894,000 after acquiring an additional 274,527 shares during the period. ArrowMark Colorado Holdings LLC grew its position in shares of Sprout Social by 9.8% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 4,723,921 shares of the company's stock worth $61,033,000 after purchasing an additional 421,189 shares in the last quarter. State Street Corp grew its position in shares of Sprout Social by 8.2% during the 4th quarter. State Street Corp now owns 1,546,142 shares of the company's stock worth $17,425,000 after purchasing an additional 117,757 shares in the last quarter. Topline Capital Management LLC bought a new position in shares of Sprout Social during the third quarter worth approximately $17,555,000. Finally, Geode Capital Management LLC raised its position in shares of Sprout Social by 11.0% in the fourth quarter. Geode Capital Management LLC now owns 1,254,451 shares of the company's stock valued at $14,141,000 after buying an additional 123,983 shares in 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.
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