Shares of Sprout Social, Inc. (NASDAQ:SPT – Get Free Report) have earned an average recommendation of “Hold” from the ten analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $11.8750.
A number of equities analysts have recently issued reports on the company. Barclays raised their price objective on Sprout Social from $8.00 to $9.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sprout Social in a report on Tuesday, April 21st.
Get Our Latest Stock Analysis on Sprout Social
Sprout Social Stock Performance
Sprout Social (NASDAQ:SPT – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.23 EPS for the quarter, topping the consensus estimate 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 firm 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. Sell-side analysts expect that Sprout Social will post -0.31 EPS for the current year.
Insider Activity
In other news, insider Justyn Russell Howard sold 40,000 shares of the company’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $8.28, for a total value of $331,200.00. Following the sale, the insider directly owned 7,417 shares of the company’s stock, valued at approximately $61,412.76. This represents a 84.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 9.60% of the company’s stock.
Institutional Investors Weigh In On Sprout Social
Several large investors have recently modified their holdings of the company. Quadrant Capital Group LLC acquired a new position in Sprout Social in the fourth quarter valued at $28,000. Summit Securities Group LLC grew its holdings in Sprout Social by 399.0% during the 4th quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock worth $28,000 after acquiring an additional 2,015 shares during the period. Quarry LP grew its holdings in Sprout Social by 264.2% during the 3rd quarter. Quarry LP now owns 3,784 shares of the company’s stock worth $49,000 after acquiring an additional 2,745 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Sprout Social in the 4th quarter worth about $54,000. Finally, Tower Research Capital LLC TRC raised its position in shares of Sprout Social by 55.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,496 shares of the company’s stock worth $115,000 after acquiring an additional 1,962 shares in the last quarter.
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.
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