Topline Capital Management LLC Purchases New Position in Sprout Social, Inc. $SPT

Topline Capital Management LLC acquired a new position in Sprout Social, Inc. (NASDAQ:SPT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,358,712 shares of the company’s stock, valued at approximately $17,555,000. Sprout Social makes up about 3.0% of Topline Capital Management LLC’s investment portfolio, making the stock its 12th biggest holding. Topline Capital Management LLC owned approximately 2.31% of Sprout Social as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Bullseye Asset Management LLC lifted its holdings in shares of Sprout Social by 197.2% in the 3rd quarter. Bullseye Asset Management LLC now owns 149,014 shares of the company’s stock worth $1,925,000 after buying an additional 98,877 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Sprout Social by 417.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 70,602 shares of the company’s stock valued at $912,000 after buying an additional 56,952 shares during the period. UBS Group AG raised its holdings in shares of Sprout Social by 93.3% in the third quarter. UBS Group AG now owns 400,853 shares of the company’s stock valued at $5,179,000 after acquiring an additional 193,466 shares in the last quarter. Capital Fund Management S.A. raised its holdings in shares of Sprout Social by 13.7% in the third quarter. Capital Fund Management S.A. now owns 74,981 shares of the company’s stock valued at $969,000 after acquiring an additional 9,052 shares in the last quarter. Finally, Mackenzie Financial Corp purchased a new stake in Sprout Social in the third quarter worth about $500,000.

Sprout Social Trading Down 2.0%

Sprout Social stock opened at $5.86 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $346.85 million, a PE ratio of -7.92 and a beta of 0.94. The stock has a 50-day moving average of $8.16 and a two-hundred day moving average of $10.57. Sprout Social, Inc. has a one year low of $5.70 and a one year high of $25.81.

Sprout Social (NASDAQ:SPT) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.20 earnings per share 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 business had revenue of $120.89 million for the quarter, compared to analyst estimates 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 anticipate that Sprout Social, Inc. will post -0.99 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Ryan Paul Barretto purchased 93,984 shares of the business’s stock in a transaction on Friday, January 9th. The shares were acquired at an average price of $10.67 per share, for a total transaction of $1,002,809.28. Following the purchase, the chief executive officer owned 875,256 shares of the company’s stock, valued at $9,338,981.52. This trade represents a 12.03% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Aaron Edward Frederick Rankin purchased 90,661 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was bought at an average cost of $11.14 per share, with a total value of $1,009,963.54. Following the acquisition, the director owned 114,969 shares of the company’s stock, valued at approximately $1,280,754.66. The trade was a 372.97% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 103,855 shares of company stock worth $827,660 in the last three months. Corporate insiders own 10.12% of the company’s stock.

Analyst Upgrades and Downgrades

SPT has been the topic of a number of research reports. Barclays cut their target price on shares of Sprout Social from $26.00 to $13.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Jefferies Financial Group lowered their price target 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. Needham & Company LLC dropped their price objective on shares of Sprout Social from $32.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Weiss Ratings reissued a “sell (e+)” rating on shares of Sprout Social in a report on Thursday, January 22nd. Finally, 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 note on Monday, March 2nd. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $13.67.

Sprout Social Company Profile

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.