Sprout Social (NASDAQ:SPT) Insider Sells $238,400.00 in Stock

Sprout Social, Inc. (NASDAQ:SPT) insider Justyn Russell Howard sold 40,000 shares of Sprout Social stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $5.96, for a total value of $238,400.00. Following the completion of the transaction, the insider owned 7,417 shares in the company, valued at approximately $44,205.32. The trade was a 84.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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 stock was 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 transaction of $428,000.00.

Sprout Social Price Performance

Shares of NASDAQ:SPT traded down $0.03 during trading on Thursday, hitting $5.98. 1,705,137 shares of the company were exchanged, compared to its average volume of 1,670,172. The company has a market capitalization of $353.95 million, a P/E ratio of -8.08 and a beta of 0.94. Sprout Social, Inc. has a 1-year low of $5.77 and a 1-year high of $25.81. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average is $8.36 and its 200-day moving average is $10.66.

Sprout Social (NASDAQ:SPT) last posted its earnings results on Thursday, February 26th. The company reported $0.20 EPS for the quarter, beating the consensus estimate 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 during 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. Equities analysts forecast that Sprout Social, Inc. will post -0.99 earnings per share for the current year.

Institutional Trading of Sprout Social

A number of institutional investors have recently modified their holdings of the business. First Horizon Advisors Inc. lifted its position in shares of Sprout Social by 78.9% during the second quarter. First Horizon Advisors Inc. now owns 1,531 shares of the company’s stock worth $32,000 after acquiring an additional 675 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Sprout Social during the third quarter worth about $30,000. Quadrant Capital Group LLC bought a new position in shares of Sprout Social in the 4th quarter worth $28,000. Summit Securities Group LLC increased its stake in Sprout Social by 399.0% in the fourth quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock valued at $28,000 after acquiring an additional 2,015 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Sprout Social by 2,754.5% during the 3rd quarter. Versant Capital Management Inc now owns 3,511 shares of the company’s stock valued at $45,000 after purchasing an additional 3,388 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on SPT shares. Jefferies Financial Group decreased their target price on shares of Sprout Social from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Morgan Stanley dropped their price target on Sprout Social from $17.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 13th. Wall Street Zen upgraded shares of Sprout Social from a “hold” rating to a “buy” rating in a report on Sunday. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a report on Thursday, January 22nd. Finally, Canaccord Genuity Group reissued a “hold” rating and set a $9.00 price target (down from $16.00) on shares of Sprout Social in a research report on Friday, February 27th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $13.67.

About Sprout Social

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.