Sprout Social, Inc. $SPT is LB Partners LLC’s 5th Largest Position

LB Partners LLC increased its stake in shares of Sprout Social, Inc. (NASDAQ:SPT) by 144.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,510,979 shares of the company’s stock after purchasing an additional 893,502 shares during the period. Sprout Social accounts for approximately 7.7% of LB Partners LLC’s investment portfolio, making the stock its 5th biggest position. LB Partners LLC’s holdings in Sprout Social were worth $8,613,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPT. Vanguard Group Inc. boosted its holdings in Sprout Social by 4.2% in the 4th quarter. Vanguard Group Inc. now owns 6,822,928 shares of the company’s stock worth $76,894,000 after buying an additional 274,527 shares during the last quarter. ArrowMark Colorado Holdings LLC increased its stake in Sprout Social by 9.8% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 4,723,921 shares of the company’s stock worth $61,033,000 after buying an additional 421,189 shares in the last quarter. State Street Corp raised its holdings in shares of Sprout Social by 8.2% during the fourth quarter. State Street Corp now owns 1,546,142 shares of the company’s stock valued at $17,425,000 after acquiring an additional 117,757 shares during the last quarter. Topline Capital Management LLC acquired a new position in shares of Sprout Social during the third quarter valued at approximately $17,555,000. Finally, Geode Capital Management LLC lifted its position in shares of Sprout Social by 11.0% in the fourth quarter. Geode Capital Management LLC now owns 1,254,451 shares of the company’s stock valued at $14,141,000 after acquiring an additional 123,983 shares in the last quarter.

Sprout Social Price Performance

SPT stock opened at $7.99 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.95 and a quick ratio of 0.95. The business has a 50 day simple moving average of $6.80 and a 200-day simple moving average of $7.54. The firm has a market capitalization of $480.28 million, a PE ratio of -12.11 and a beta of 0.98. Sprout Social, Inc. has a 1 year low of $4.92 and a 1 year high of $21.53.

Sprout Social (NASDAQ:SPT) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.07. The firm had revenue of $121.50 million for the quarter, compared to the consensus estimate of $120.33 million. Sprout Social had a negative return on equity of 13.90% and a negative net margin of 8.18%.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. Equities research analysts anticipate that Sprout Social, Inc. will post -0.31 earnings per share for the current fiscal year.

Insider Activity

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of the firm’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $5.03, for a total value of $201,200.00. Following the completion of the sale, the insider directly owned 7,417 shares of the company’s stock, valued at $37,307.51. This trade represents a 84.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Wall Street Zen raised Sprout Social from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of Sprout Social in a research note on Tuesday, April 21st. Finally, Barclays raised their price objective on Sprout Social from $8.00 to $9.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $11.88.

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.