Justyn Russell Howard Sells 40,000 Shares of Sprout Social (NASDAQ:SPT) Stock

Sprout Social, Inc. (NASDAQ:SPT) insider Justyn Russell Howard sold 40,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $8.28, for a total transaction of $331,200.00. Following the completion of the sale, the insider owned 7,417 shares of the company’s stock, valued at $61,412.76. This trade represents a 84.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sprout Social Trading Down 0.9%

Shares of Sprout Social stock opened at $8.48 on Wednesday. The stock has a market cap of $509.73 million, a PE ratio of -12.85 and a beta of 0.99. 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 company has a 50-day moving average of $7.20 and a two-hundred day moving average of $7.36. Sprout Social, Inc. has a 12-month low of $4.92 and a 12-month high of $19.51.

Sprout Social (NASDAQ:SPT) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.07. The firm had revenue of $121.50 million during the quarter, compared to analysts’ expectations of $120.33 million. Sprout Social had a negative return on equity of 13.90% and a negative net margin of 8.18%.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. On average, research analysts anticipate that Sprout Social, Inc. will post -0.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Quadrant Capital Group LLC acquired a new position in Sprout Social in the fourth quarter valued at $28,000. Summit Securities Group LLC boosted its stake in Sprout Social by 399.0% in the 4th quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock worth $28,000 after buying an additional 2,015 shares during the last quarter. Quarry LP boosted its stake in Sprout Social by 264.2% in the 3rd quarter. Quarry LP now owns 3,784 shares of the company’s stock worth $49,000 after buying an additional 2,745 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Sprout Social in the 4th quarter valued at about $54,000. Finally, Tower Research Capital LLC TRC grew its holdings in Sprout Social by 55.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,496 shares of the company’s stock valued at $115,000 after buying an additional 1,962 shares during the period.

Analyst Ratings Changes

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

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.