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

Shares of Sprout Social, Inc. (NASDAQ:SPT) have earned a consensus rating of “Hold” from the eleven analysts that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $13.6667.

Several research firms have recently weighed in on SPT. The Goldman Sachs Group reduced their price objective on Sprout Social from $13.00 to $8.00 and set a “neutral” rating for the company in a research report on Monday, March 2nd. Canaccord Genuity Group restated a “hold” rating and issued a $9.00 target price (down from $16.00) on shares of Sprout Social in a research note on Friday, February 27th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sprout Social in a research report on Thursday, January 22nd. KeyCorp decreased their price target on shares of Sprout Social from $9.00 to $6.00 and set an “underweight” rating for the company in a research note on Friday, February 27th. Finally, Wall Street Zen upgraded shares of Sprout Social from a “hold” rating to a “buy” rating in a report on Sunday, March 8th.

Insider Activity at Sprout Social

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of the business’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $10.70, for a total transaction of $428,000.00. Following the sale, the insider directly owned 7,417 shares of the company’s stock, valued at $79,361.90. The trade was a 84.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ryan Paul Barretto purchased 93,984 shares of the business’s stock in a transaction on Friday, January 9th. The shares were acquired at an average cost of $10.67 per share, for a total transaction of $1,002,809.28. Following the completion of the transaction, the chief executive officer directly owned 875,256 shares in the company, valued at approximately $9,338,981.52. This represents a 12.03% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders sold 103,855 shares of company stock valued at $827,660. Corporate insiders own 10.12% of the company’s stock.

Institutional Trading of Sprout Social

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Nordea Investment Management AB bought a new position in Sprout Social in the third quarter valued at approximately $1,702,000. Y Intercept Hong Kong Ltd increased its position in shares of Sprout Social by 121.5% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 446,403 shares of the company’s stock worth $5,768,000 after purchasing an additional 244,874 shares during the last quarter. LB Partners LLC bought a new stake in shares of Sprout Social during the 3rd quarter worth approximately $2,455,000. Segall Bryant & Hamill LLC raised its stake in shares of Sprout Social by 20.4% during the 2nd quarter. Segall Bryant & Hamill LLC now owns 237,415 shares of the company’s stock worth $4,964,000 after purchasing an additional 40,223 shares in the last quarter. Finally, Magnetar Financial LLC boosted its holdings in shares of Sprout Social by 357.9% in the 2nd quarter. Magnetar Financial LLC now owns 69,813 shares of the company’s stock valued at $1,460,000 after buying an additional 54,567 shares during the last quarter.

Sprout Social Trading Down 2.6%

Shares of NASDAQ:SPT opened at $5.71 on Tuesday. The firm has a market cap of $337.97 million, a price-to-earnings ratio of -7.72 and a beta of 0.94. Sprout Social has a 12 month low of $5.68 and a 12 month high of $25.81. The company’s fifty day simple moving average is $8.07 and its 200 day simple moving average is $10.43. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.20.

Sprout Social (NASDAQ:SPT) last announced its earnings results on Thursday, February 26th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Sprout Social had a negative net margin of 9.47% and a negative return on equity of 16.10%. The firm had revenue of $120.89 million during the quarter, compared to analyst estimates of $118.68 million. Sprout Social has set its FY 2026 guidance at 0.880-0.970 EPS and its Q1 2026 guidance at 0.150-0.160 EPS. As a group, research analysts forecast that Sprout Social will post -0.99 EPS for the current fiscal year.

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.