Sprout Social (NASDAQ:SPT) Insider Sells $440,800.00 in Stock

Sprout Social, Inc. (NASDAQ:SPT) insider Justyn Howard sold 40,000 shares of the firm’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $11.02, for a total value of $440,800.00. Following the sale, the insider directly owned 7,417 shares of the company’s stock, valued at $81,735.34. This represents a 84.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Justyn Russell Howard also recently made the following trade(s):

• On Wednesday, September 2nd, Justyn Howard sold 10,895 shares of Sprout Social stock. The stock was sold at an average price of $11.45, for a total transaction of $124,747.75.

Sprout Social Price Performance

NASDAQ:SPT opened at $11.57 on Friday. Sprout Social, Inc. has a one year low of $4.92 and a one year high of $12.06. The company has a market cap of $701.03 million, a P/E ratio of -23.14 and a beta of 1.01. The firm’s fifty day moving average price is $10.50 and its two-hundred day moving average price is $8.24. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.03 and a quick ratio of 1.03.

Sprout Social (NASDAQ:SPT) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.10. The company had revenue of $123.85 million for 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 8.80%. 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. Equities analysts expect that Sprout Social, Inc. will post -0.02 earnings per share for the current year.

Hedge Funds Weigh In On Sprout Social

Several institutional investors and hedge funds have recently modified their holdings of the business. Haveli Investment Management LLC bought a new position in Sprout Social during the second quarter worth about $16,405,033. LB Partners LLC boosted its holdings in Sprout Social by 144.7% in the 1st quarter. LB Partners LLC now owns 1,510,979 shares of the company’s stock valued at $8,613,000 after purchasing an additional 893,502 shares during the period. Renaissance Technologies LLC boosted its holdings in Sprout Social by 79.4% in the 1st quarter. Renaissance Technologies LLC now owns 727,762 shares of the company’s stock valued at $4,148,000 after purchasing an additional 322,200 shares during the period. Y Intercept Hong Kong Ltd grew its position in shares of Sprout Social by 252.2% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 626,762 shares of the company’s stock worth $3,573,000 after purchasing an additional 448,783 shares in the last quarter. Finally, EVR Research LP acquired a new position in shares of Sprout Social during the 4th quarter worth approximately $3,381,000.

Wall Street Analyst Weigh In

SPT has been the subject of several research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a research report on Friday, July 17th. Wall Street Zen raised Sprout Social from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Stifel Nicolaus upped their target price on Sprout Social from $12.00 to $14.00 and gave the company a “buy” rating in a research report on Wednesday. Zacks Research lowered Sprout Social from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, KeyCorp lifted their price target on Sprout Social from $6.00 to $7.00 and gave the stock an “underweight” rating in a report on Friday, August 7th. Four equities 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $10.88.

Sprout Social News Roundup

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

• Positive Sentiment: Stifel Nicolaus raised its price target for Sprout Social from $12 to $14 and maintained a “buy” rating, implying additional upside from the referenced price. The upgrade provides a positive catalyst and reflects improving expectations for the social-media software company. Stifel price-target increase
• Positive Sentiment: Sprout Social’s latest reported quarter exceeded expectations, with earnings per share of $0.26 versus a $0.16 consensus estimate and revenue of $123.85 million versus $122.19 million expected. This operating momentum may be supporting the stock, although the company remains unprofitable on a trailing basis.
• Neutral Sentiment: Sprout Social released its 2026 Social Media Dictionary, highlighting “lore” as the social-media word of the year. The announcement reinforces the company’s brand and social-intelligence positioning but has limited immediate financial impact. Sprout Social Social Media Dictionary
• Negative Sentiment: Rosen Law Firm announced an investigation into potential breaches of fiduciary duties by Sprout Social’s directors and officers. The investigation could create legal, governance and reputational risks, though no wrongdoing has been established. Rosen Law Firm investigation
• Negative Sentiment: Insider Justyn Russell Howard sold 40,000 shares worth approximately $440,800, reducing his direct ownership by more than 84%. The sale was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal but may still weigh on sentiment. Sprout Social insider sale
• Negative Sentiment: Zacks Research downgraded Sprout Social from “strong buy” to “hold,” countering Stifel’s bullish call and underscoring disagreement among analysts about the stock’s valuation and outlook.

About Sprout Social

Sprout Social, Inc (NASDAQ:SPT) provides a cloud-based social media management and analytics platform for businesses, agencies and organizations. Its software helps customers manage their social media presence, coordinate workflows and use social data to support marketing, customer care, communications and business decision-making.

The company’s platform includes tools for publishing and scheduling content, monitoring and responding to messages, analyzing social media performance, and conducting social listening.