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

Sprout Social, Inc. (NASDAQ:SPT) has been assigned a consensus recommendation of “Hold” from the nine analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $10.4286.

Several brokerages have recently weighed in on SPT. Morgan Stanley increased their price objective on shares of Sprout Social from $10.00 to $11.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Zacks Research raised shares of Sprout Social from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Wall Street Zen raised shares of Sprout Social from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sprout Social in a report on Friday, July 17th. Finally, KeyCorp upped their price objective on Sprout Social from $6.00 to $7.00 and gave the stock an “underweight” rating in a report on Friday, August 7th.

Insider Transactions at Sprout Social

In other Sprout Social news, insider Justyn Howard sold 10,895 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $11.45, for a total transaction of $124,747.75. Following the completion of the sale, the insider directly owned 239,840 shares in the company, valued at $2,746,168. This represents a 4.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 51,612 shares of company stock worth $464,157 over the last ninety days. 9.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Sprout Social

Several hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Sprout Social by 115.8% during the 2nd quarter. GAMMA Investing LLC now owns 6,368 shares of the company’s stock valued at $48,000 after acquiring an additional 3,417 shares in the last quarter. Essential Partners LLC increased its holdings in Sprout Social by 724.9% in the 1st quarter. Essential Partners LLC now owns 6,550 shares of the company’s stock valued at $37,000 after purchasing an additional 5,756 shares in the last quarter. Commonwealth Financial Services LLC purchased a new position in Sprout Social in the first quarter valued at about $58,000. Integrated Wealth Concepts LLC purchased a new position in Sprout Social in the second quarter valued at about $84,000. Finally, Versant Capital Management Inc lifted its stake in shares of Sprout Social by 4,977.4% during the second quarter. Versant Capital Management Inc now owns 11,932 shares of the company’s stock worth $90,000 after purchasing an additional 11,697 shares in the last quarter.

Sprout Social Stock Performance

Shares of NASDAQ SPT opened at $11.63 on Tuesday. The company has a 50-day simple moving average of $9.55 and a 200-day simple moving average of $7.54. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $704.68 million, a PE ratio of -23.26 and a beta of 0.95. Sprout Social has a 12 month low of $4.92 and a 12 month high of $14.90.

Sprout Social (NASDAQ:SPT) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.10. Sprout Social had a negative return on equity of 8.80% and a negative net margin of 6.13%.The business had revenue of $123.85 million for the quarter, compared to analysts’ expectations of $122.19 million. Sprout Social has set its FY 2026 guidance at 1.110-1.150 EPS and its Q3 2026 guidance at 0.290-0.300 EPS. On average, equities analysts anticipate that Sprout Social will post -0.02 earnings per share for the current year.

Sprout Social Company Profile

Sprout Social, Inc (NASDAQ:SPT) is a software company that provides social media management and analytics tools for businesses, agencies and other organizations. Its cloud-based platform helps users manage social media activities from a centralized interface, supporting functions such as content publishing, audience engagement, workflow coordination and performance reporting.

The company’s product offerings include social media monitoring and listening, analytics, customer care, employee advocacy and influencer marketing capabilities.