Sprout Social, Inc. (NASDAQ:SPT) Given Average Rating of “Hold” by Brokerages

Shares of Sprout Social, Inc. (NASDAQ:SPT) have received an average rating of “Hold” from the ten analysts that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $11.8750.

Several research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sprout Social in a report on Tuesday, April 21st. KeyCorp reduced their price target on Sprout Social from $9.00 to $6.00 and set an “underweight” rating on the stock in a report on Friday, February 27th. Canaccord Genuity Group reiterated a “hold” rating and set a $9.00 price target (down from $16.00) on shares of Sprout Social in a report on Friday, February 27th. Needham & Company LLC reduced their price target on Sprout Social from $32.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Finally, Barclays lifted their price target on Sprout Social from $8.00 to $9.00 and gave the stock an “overweight” rating in a report on Monday, May 11th.

Sprout Social Stock Up 2.3%

NASDAQ SPT opened at $6.70 on Thursday. Sprout Social has a 52 week low of $4.92 and a 52 week high of $21.63. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.15. The business’s fifty day simple moving average is $6.61 and its 200-day simple moving average is $7.67. The firm has a market cap of $402.74 million, a PE ratio of -10.15 and a beta of 1.02.

Sprout Social (NASDAQ:SPT) last posted its quarterly 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 business had revenue of $121.50 million for the quarter, compared to analyst estimates 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. As a group, equities analysts anticipate that Sprout Social will post -0.31 earnings per share for the current year.

Insider Activity at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $5.03, for a total transaction of $201,200.00. Following the completion of the sale, the insider directly owned 7,417 shares of the company’s stock, valued at approximately $37,307.51. This trade represents a 84.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Sprout Social

Hedge funds and other institutional investors have recently modified their holdings of the business. Quadrant Capital Group LLC acquired a new stake in shares of Sprout Social during the 4th quarter worth about $28,000. Summit Securities Group LLC increased its position in shares of 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 purchasing an additional 2,015 shares during the last quarter. Quarry LP increased its position in shares of 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 purchasing an additional 2,745 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Sprout Social during the 4th quarter worth about $54,000. Finally, Tower Research Capital LLC TRC increased its position in shares of Sprout Social by 55.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,496 shares of the company’s stock worth $115,000 after purchasing an additional 1,962 shares during the last quarter.

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.