Quantinno Capital Management LP Increases Stake in Sprout Social, Inc. $SPT

Quantinno Capital Management LP increased its stake in Sprout Social, Inc. (NASDAQ:SPTFree Report) by 307.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 89,069 shares of the company’s stock after acquiring an additional 67,221 shares during the period. Quantinno Capital Management LP owned approximately 0.15% of Sprout Social worth $508,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC increased its position in Sprout Social by 391.7% during the fourth quarter. Brighton Jones LLC now owns 35,985 shares of the company’s stock worth $1,105,000 after purchasing an additional 28,667 shares during the last quarter. AQR Capital Management LLC purchased a new position in Sprout Social during the first quarter worth approximately $365,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Sprout Social by 2.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company’s stock valued at $1,168,000 after purchasing an additional 1,265 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Sprout Social by 23.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 325,750 shares of the company’s stock valued at $7,163,000 after buying an additional 60,947 shares during the period. Finally, Empowered Funds LLC acquired a new stake in shares of Sprout Social during the 1st quarter worth $325,000.

Sprout Social Stock Performance

Sprout Social stock opened at $10.07 on Friday. The firm has a market capitalization of $610.14 million, a PE ratio of -20.14 and a beta of 0.97. Sprout Social, Inc. has a one year low of $4.92 and a one year high of $16.03. The stock’s 50 day moving average price is $8.28 and its 200 day moving average price is $7.12. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.03 and a current ratio of 1.03.

Sprout Social (NASDAQ:SPTGet Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. Sprout Social had a negative net margin of 6.13% and a negative return on equity of 8.80%. The company had revenue of $123.85 million for the quarter, compared to analyst estimates 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. As a group, sell-side analysts expect that Sprout Social, Inc. will post -0.02 EPS for the current fiscal year.

Insider Buying and Selling

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of the company’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $8.28, for a total value of $331,200.00. Following the completion of 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 position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Wall Street Zen upgraded Sprout Social from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Morgan Stanley increased their target price on shares of Sprout Social from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sprout Social in a research report on Friday, July 17th. KeyCorp boosted their price objective on shares of Sprout Social from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Finally, Zacks Research raised shares of Sprout Social from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Sprout Social presently has a consensus rating of “Hold” and a consensus target price of $10.43.

Check Out Our Latest Research Report on Sprout Social

Sprout Social Profile

(Free Report)

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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Institutional Ownership by Quarter for Sprout Social (NASDAQ:SPT)

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