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

Sprout Social, Inc. (NASDAQ:SPT) has been assigned a consensus rating of “Hold” from the ten brokerages that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $11.8750.

A number of brokerages have weighed in on SPT. Weiss Ratings reissued a “sell (e+)” rating on shares of Sprout Social in a research note on Tuesday, April 21st. 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 research note on Friday, February 27th. The Goldman Sachs Group reduced their price target on Sprout Social from $13.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. KeyCorp reduced their price target on Sprout Social from $9.00 to $6.00 and set an “underweight” rating on the stock in a research note on Friday, February 27th. Finally, Barclays increased their price target on Sprout Social from $8.00 to $9.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th.

Sprout Social Price Performance

SPT stock opened at $7.38 on Friday. Sprout Social has a 1 year low of $4.92 and a 1 year high of $22.59. 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 stock’s 50 day moving average price is $6.23 and its 200 day moving average price is $7.96. The firm has a market cap of $443.61 million, a P/E ratio of -11.18 and a beta of 1.02.

Sprout Social (NASDAQ:SPT) last posted its earnings results on Thursday, May 7th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm 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. On average, sell-side analysts expect that Sprout Social will post -0.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Sprout Social

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of $5.03, for a total transaction of $201,200.00. Following the transaction, the insider owned 7,417 shares of the company’s stock, valued at $37,307.51. This represents a 84.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 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 Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Lavelle Capital LP purchased a new position in shares of Sprout Social during the 1st quarter worth $630,000. Essential Partners LLC increased its holdings in shares of Sprout Social by 724.9% during 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 during the last quarter. Quantinno Capital Management LP increased its holdings in shares of Sprout Social by 307.7% during the 1st quarter. Quantinno Capital Management LP now owns 89,069 shares of the company’s stock worth $508,000 after buying an additional 67,221 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of Sprout Social by 79.4% during the 1st quarter. Renaissance Technologies LLC now owns 727,762 shares of the company’s stock worth $4,148,000 after buying an additional 322,200 shares during the last quarter. Finally, Pale Fire Capital SE acquired a new stake in shares of Sprout Social during the 1st quarter worth $1,960,000.

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.