Sprout Social, Inc. $SPT Shares Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its position in shares of Sprout Social, Inc. (NASDAQ:SPT) by 252.2% during the first quarter, HoldingsChannel reports. The firm owned 626,762 shares of the company’s stock after buying an additional 448,783 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Sprout Social were worth $3,573,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SPT. Brighton Jones LLC grew its holdings in Sprout Social by 391.7% during 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 acquired a new stake in shares of Sprout Social during the first quarter valued at about $365,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of 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 worth $1,168,000 after acquiring an additional 1,265 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Sprout Social by 23.0% during the first quarter. Goldman Sachs Group Inc. now owns 325,750 shares of the company’s stock worth $7,163,000 after acquiring an additional 60,947 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Sprout Social in the first quarter worth about $325,000.

Sprout Social Stock Up 3.3%

Sprout Social stock traded up $0.28 during midday trading on Tuesday, hitting $8.52. The stock had a trading volume of 347,209 shares, compared to its average volume of 1,585,294. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.15. The stock has a market cap of $511.84 million, a P/E ratio of -12.87 and a beta of 0.99. Sprout Social, Inc. has a 12 month low of $4.92 and a 12 month high of $21.53. The business has a fifty day moving average price of $6.93 and a 200 day moving average price of $7.48.

Sprout Social (NASDAQ:SPT) last released its earnings results on Thursday, May 7th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.07. Sprout Social had a negative return on equity of 13.90% and a negative net margin of 8.18%.The company had revenue of $121.50 million for the quarter, compared to the consensus estimate of $120.33 million. Sprout Social has set its Q2 2026 guidance at 0.150-0.160 EPS and its FY 2026 guidance at 0.880-0.970 EPS. Research analysts predict that Sprout Social, Inc. will post -0.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a research note on Tuesday, April 21st. Barclays increased their target price on Sprout Social from $8.00 to $9.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $11.88.

Insider Activity at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $5.03, for a total transaction of $201,200.00. Following the completion of the sale, the insider owned 7,417 shares of the company’s stock, valued at $37,307.51. This represents a 84.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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.

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.