Lavelle Capital LP Buys Shares of 110,500 Sprout Social, Inc. $SPT

Lavelle Capital LP bought a new stake in Sprout Social, Inc. (NASDAQ:SPT) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 110,500 shares of the company’s stock, valued at approximately $630,000. Lavelle Capital LP owned 0.18% of Sprout Social at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Summit Securities Group LLC grew its position in Sprout Social by 399.0% during the fourth quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock valued at $28,000 after purchasing an additional 2,015 shares in the last quarter. Quadrant Capital Group LLC acquired a new position in Sprout Social in the 4th quarter valued at approximately $28,000. Essential Partners LLC lifted its position in Sprout Social by 724.9% in the 1st quarter. Essential Partners LLC now owns 6,550 shares of the company’s stock worth $37,000 after buying an additional 5,756 shares in the last quarter. Quarry LP boosted its stake in shares of Sprout Social by 264.2% during the 3rd quarter. Quarry LP now owns 3,784 shares of the company’s stock valued at $49,000 after buying an additional 2,745 shares during the period. Finally, Kestra Advisory Services LLC purchased a new position in shares of Sprout Social during the 4th quarter valued at $54,000.

Sprout Social Price Performance

Shares of SPT opened at $8.58 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market cap of $515.74 million, a PE ratio of -13.00 and a beta of 0.99. The firm’s 50 day moving average price is $7.64 and its 200 day moving average price is $7.15. Sprout Social, Inc. has a twelve month low of $4.92 and a twelve month high of $18.54.

Sprout Social (NASDAQ:SPT) last posted 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. The company had revenue of $121.50 million during the quarter, compared to the consensus estimate of $120.33 million. Sprout Social had a negative net margin of 8.18% and a negative return on equity of 13.90%. 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, research analysts expect that Sprout Social, Inc. will post -0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SPT. Barclays upped their price target on shares of Sprout Social from $8.00 to $9.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Weiss Ratings reissued a “sell (e+)” rating on shares of Sprout Social in a research report on Friday, July 17th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $11.88.

Insider Transactions at Sprout Social

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of the stock in a transaction on Friday, July 10th. The shares were sold at an average price of $8.28, for a total transaction of $331,200.00. Following the transaction, the insider directly owned 7,417 shares of the company’s stock, valued at $61,412.76. This represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate 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.