Pacer Advisors Inc. Makes New $1.50 Million Investment in Sprout Social, Inc. $SPT

Pacer Advisors Inc. bought a new stake in shares of Sprout Social, Inc. (NASDAQ:SPT) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 263,233 shares of the company’s stock, valued at approximately $1,500,000.

A number of other institutional investors and hedge funds also recently modified their holdings of SPT. Summit Securities Group LLC lifted its position in shares of Sprout Social by 399.0% in the 4th quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock worth $28,000 after buying an additional 2,015 shares during the last quarter. Quadrant Capital Group LLC bought a new stake in shares of Sprout Social during the 4th quarter valued at about $28,000. Essential Partners LLC raised its stake in Sprout Social by 724.9% during the first quarter. Essential Partners LLC now owns 6,550 shares of the company’s stock worth $37,000 after acquiring an additional 5,756 shares during the period. Quarry LP lifted its holdings in Sprout Social by 264.2% in the third quarter. Quarry LP now owns 3,784 shares of the company’s stock worth $49,000 after acquiring an additional 2,745 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in Sprout Social in the fourth quarter worth about $54,000.

Key Sprout Social News

Here are the key news stories impacting Sprout Social this week:

• Positive Sentiment: Sprout Social reported second-quarter revenue of approximately $123.85 million, ahead of the $122.19 million analyst consensus. Adjusted earnings were $0.26 per share, beating estimates of $0.16 and improving from $0.18 a year earlier. Sprout Social Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management issued notably stronger profitability guidance: third-quarter adjusted EPS of $0.29-$0.30 versus a $0.18 consensus, and full-year 2026 EPS of $1.11-$1.15 versus expectations of $0.68. Full-year revenue guidance of $493.0-$495.6 million was broadly in line with the $494.4 million consensus. Sprout Social Earnings and Guidance
• Positive Sentiment: The earnings presentation and call emphasized continued growth among larger customers, with subscription revenue contribution from customers generating at least $30,000 in annual recurring revenue rising 20% year over year. AI product investment and customer upselling support the case for stronger monetization and operating leverage. Sprout Social Announces Second Quarter 2026 Financial Results
• Neutral Sentiment: Although adjusted results were profitable, Sprout Social remained unprofitable under GAAP, recording an operating loss of approximately $2.7 million and a net loss of $3.1 million. Operating cash flow was positive at $8.5 million, with $119.9 million in cash and equivalents. Sprout Social Q2 2026 Results
• Negative Sentiment: Recent insider activity remains a potential overhang: insiders reported eight sales and no purchases over the past six months, including sales by the executive chair and CFO. This may raise concerns about insider confidence despite the strong quarterly outlook.

Sprout Social Stock Up 26.3%

SPT stock opened at $10.34 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.15. Sprout Social, Inc. has a fifty-two week low of $4.92 and a fifty-two week high of $16.03. The firm’s 50-day simple moving average is $7.83 and its 200 day simple moving average is $7.11. The stock has a market cap of $621.54 million, a PE ratio of -20.68 and a beta of 0.97.

Sprout Social (NASDAQ:SPT) last posted its earnings results 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. The firm had revenue of $123.85 million during the quarter, compared to analyst estimates of $122.19 million. Sprout Social had a negative net margin of 6.13% and a negative return on equity of 9.06%. 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 predict that Sprout Social, Inc. will post -0.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SPT shares. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a research note on Friday, July 17th. Barclays increased their price target on Sprout Social from $8.00 to $9.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Finally, KeyCorp boosted their price objective on Sprout Social from $6.00 to $7.00 and gave the company an “underweight” rating in a research report on Friday. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $10.43.

Insider Buying and Selling at Sprout Social

In other news, insider Justyn Russell Howard sold 40,000 shares of Sprout Social stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $8.28, for a total transaction of $331,200.00. Following the sale, the insider owned 7,417 shares of the company’s stock, valued at approximately $61,412.76. The trade was a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 9.60% of the company’s stock.

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.