Sprout Social, Inc. $SPT Stake Increased by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in shares of Sprout Social, Inc. (NASDAQ:SPT) by 307.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 89,069 shares of the company’s stock after acquiring an additional 67,221 shares during the quarter. Quantinno Capital Management LP’s holdings in Sprout Social were worth $508,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SPT. Brighton Jones LLC raised its stake in shares of Sprout Social by 391.7% in the 4th quarter. Brighton Jones LLC now owns 35,985 shares of the company’s stock valued at $1,105,000 after purchasing an additional 28,667 shares in the last quarter. AQR Capital Management LLC bought a new stake in Sprout Social in the first quarter valued at about $365,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Sprout Social by 2.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company’s stock valued at $1,168,000 after buying an additional 1,265 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Sprout Social by 23.0% during the first quarter. Goldman Sachs Group Inc. now owns 325,750 shares of the company’s stock valued at $7,163,000 after buying an additional 60,947 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in Sprout Social during the 1st quarter worth approximately $325,000.

Sprout Social Stock Performance

Shares of NASDAQ SPT opened at $10.07 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average price is $8.28 and its two-hundred day moving average price is $7.12. Sprout Social, Inc. has a 52-week low of $4.92 and a 52-week high of $16.03. The stock has a market capitalization of $610.14 million, a P/E ratio of -20.14 and a beta of 0.97.

Sprout Social (NASDAQ:SPT) last issued its earnings results on Thursday, August 6th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. The company had revenue of $123.85 million during the quarter, compared to the consensus estimate of $122.19 million. Sprout Social had a negative return on equity of 8.80% and a negative net margin of 6.13%.Sprout Social has set its FY 2026 guidance at 1.110-1.150 EPS and its Q3 2026 guidance at 0.290-0.300 EPS. As a group, sell-side analysts forecast that Sprout Social, Inc. will post -0.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SPT has been the subject of several research reports. Morgan Stanley lifted their target price on Sprout Social from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Barclays upped their price target on Sprout Social from $9.00 to $12.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. Wall Street Zen upgraded Sprout Social from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sprout Social in a report on Friday, July 17th. Finally, Zacks Research upgraded shares of Sprout Social from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Sprout Social has a consensus rating of “Hold” and a consensus target price of $10.43.

Insider Activity

In related news, insider Justyn Russell Howard sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $8.28, for a total transaction of $331,200.00. Following the completion of the transaction, the insider owned 7,417 shares in the company, valued at $61,412.76. The trade was a 84.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 9.60% of the company’s stock.

Sprout Social 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.