Key Points
- Insider sale: Justyn Russell Howard sold 40,000 shares of Sprout Social (NASDAQ:SPT) on April 10 at an average of $5.03 for $201,200 under a Rule 10b5-1 plan, leaving him with 7,417 shares (an 84.36% reduction); he also sold 40,000 shares on March 11 and 23,855 on March 3, signaling significant recent insider selling.
- Company results and outlook: Sprout Social beat quarterly revenue and EPS estimates (revenue $120.89M, EPS $0.20) but still has negative net margin and ROE, set FY2026 EPS guidance of $0.88–$0.97, and trades with a market cap of about $316M amid mixed analyst ratings and a $13.67 average price target.
Sprout Social, Inc. (NASDAQ:SPT - Get Free Report) insider Justyn Russell Howard sold 40,000 shares of the stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $5.03, for a total value of $201,200.00. Following the completion of the transaction, the insider owned 7,417 shares in the company, valued at $37,307.51. This represents a 84.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Justyn Russell Howard also recently made the following trade(s):
- On Wednesday, March 11th, Justyn Russell Howard sold 40,000 shares of Sprout Social stock. The stock was sold at an average price of $5.96, for a total value of $238,400.00.
- On Tuesday, March 3rd, Justyn Russell Howard sold 23,855 shares of Sprout Social stock. The stock was sold at an average price of $6.76, for a total value of $161,259.80.
Sprout Social Trading Up 6.2%
NASDAQ:SPT opened at $5.30 on Tuesday. The stock's 50 day moving average price is $6.39 and its 200 day moving average price is $9.15. Sprout Social, Inc. has a 52 week low of $4.92 and a 52 week high of $25.48. The company has a market capitalization of $315.67 million, a P/E ratio of -7.16 and a beta of 1.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.93 and a current ratio of 0.93.
Sprout Social (NASDAQ:SPT - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.20 EPS for the quarter, topping 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 firm had revenue of $120.89 million for the quarter, compared to the consensus estimate 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. On average, research analysts forecast that Sprout Social, Inc. will post -0.99 EPS for the current fiscal year.
Wall Street Analyst Weigh In
SPT has been the topic of several analyst reports. Jefferies Financial Group lowered their price target on Sprout Social from $15.00 to $12.00 and set a "buy" rating on the stock in a report on Tuesday, February 3rd. KeyCorp lowered their price target on Sprout Social from $9.00 to $6.00 and set an "underweight" rating on the stock in a report on Friday, February 27th. Needham & Company LLC lowered their price target on Sprout Social from $32.00 to $14.00 and set a "buy" rating on the stock in a report on Friday, February 27th. Wall Street Zen upgraded Sprout Social from a "hold" rating to a "buy" rating in a report on Sunday, March 8th. Finally, Barclays lowered their price target on Sprout Social from $26.00 to $13.00 and set an "overweight" rating on the stock in a report on Monday, January 12th. Four research 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.
Check Out Our Latest Research Report on Sprout Social
Hedge Funds Weigh In On Sprout Social
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nordea Investment Management AB acquired a new stake in shares of Sprout Social in the third quarter worth $1,702,000. Y Intercept Hong Kong Ltd grew its stake in shares of Sprout Social by 121.5% in the third quarter. Y Intercept Hong Kong Ltd now owns 446,403 shares of the company's stock worth $5,768,000 after acquiring an additional 244,874 shares during the last quarter. LB Partners LLC acquired a new stake in shares of Sprout Social in the third quarter worth $2,455,000. Vanguard Group Inc. grew its stake in shares of Sprout Social by 4.4% in the third quarter. Vanguard Group Inc. now owns 6,548,401 shares of the company's stock worth $84,605,000 after acquiring an additional 276,300 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC grew its stake in shares of Sprout Social by 941.1% in the third quarter. Counterpoint Mutual Funds LLC now owns 202,611 shares of the company's stock worth $2,618,000 after acquiring an additional 183,150 shares during the last quarter.
Sprout Social Company Profile
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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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