Sprout Social, Inc. (NASDAQ:SPT) Receives Consensus Recommendation of “Hold” from Brokerages

Sprout Social, Inc. (NASDAQ:SPT) has received an average rating of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $10.43.

Several brokerages have recently weighed in on SPT. Morgan Stanley lifted their target price on shares of Sprout Social from $10.00 to $11.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. KeyCorp lifted their price objective on Sprout Social from $6.00 to $7.00 and gave the company an “underweight” rating in a report on Friday, August 7th. Wall Street Zen upgraded Sprout Social from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Zacks Research raised Sprout Social from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a research report on Friday, July 17th.

Insider Activity

In related news, insider Justyn Howard sold 10,895 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $11.45, for a total transaction of $124,747.75. Following the completion of the sale, the insider owned 239,840 shares in the company, valued at $2,746,168. This trade represents a 4.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 51,612 shares of company stock worth $464,157. Company insiders own 9.60% of the company’s stock.

Institutional Trading of Sprout Social

Several hedge funds have recently modified their holdings of SPT. GAMMA Investing LLC grew its holdings in shares of Sprout Social by 115.8% during the second quarter. GAMMA Investing LLC now owns 6,368 shares of the company’s stock worth $48,000 after purchasing an additional 3,417 shares during the last quarter. Essential Partners LLC lifted its position in 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 in the last quarter. Commonwealth Financial Services LLC bought a new stake in Sprout Social during the 1st quarter worth about $58,000. Integrated Wealth Concepts LLC acquired a new stake in Sprout Social in the 2nd quarter valued at about $84,000. Finally, Versant Capital Management Inc raised its stake in shares of Sprout Social by 4,977.4% in the second quarter. Versant Capital Management Inc now owns 11,932 shares of the company’s stock worth $90,000 after acquiring an additional 11,697 shares during the last quarter.

Sprout Social Stock Up 4.2%

NASDAQ SPT opened at $10.56 on Friday. Sprout Social has a twelve month low of $4.92 and a twelve month high of $12.06. The stock has a market cap of $639.83 million, a PE ratio of -21.12 and a beta of 1.01. The firm has a 50-day simple moving average of $10.19 and a 200 day simple moving average of $8.01. 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:SPT) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.10. The firm had revenue of $123.85 million for the quarter, compared to analyst estimates of $122.19 million. Sprout Social had a negative return on equity of 8.80% and a negative net margin of 6.13%.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. On average, research analysts forecast that Sprout Social will post -0.02 EPS for the current year.

Sprout Social Company Profile

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.