Vanguard Group Inc. Acquires 274,527 Shares of Sprout Social, Inc. $SPT

Vanguard Group Inc. grew its holdings in shares of Sprout Social, Inc. (NASDAQ:SPT) by 4.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,822,928 shares of the company’s stock after buying an additional 274,527 shares during the period. Vanguard Group Inc. owned about 0.12% of Sprout Social worth $76,894,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue bought a new position in Sprout Social during the third quarter worth about $30,000. Versant Capital Management Inc lifted its holdings in shares of Sprout Social by 2,754.5% in the third quarter. Versant Capital Management Inc now owns 3,511 shares of the company’s stock worth $45,000 after buying an additional 3,388 shares in the last quarter. Quarry LP lifted its holdings in shares of 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 buying an additional 2,745 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Sprout Social by 55.5% in the second quarter. Tower Research Capital LLC TRC now owns 5,496 shares of the company’s stock worth $115,000 after buying an additional 1,962 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Sprout Social by 2,690.2% in the second quarter. Russell Investments Group Ltd. now owns 6,529 shares of the company’s stock worth $137,000 after buying an additional 6,295 shares in the last quarter.

Sprout Social Stock Down 3.7%

SPT stock opened at $6.31 on Thursday. The company has a current ratio of 0.95, a quick ratio of 0.93 and a debt-to-equity ratio of 0.15. The company’s 50 day moving average is $5.94 and its 200 day moving average is $8.35. The stock has a market cap of $375.82 million, a price-to-earnings ratio of -9.56 and a beta of 0.94. Sprout Social, Inc. has a 1-year low of $4.92 and a 1-year high of $24.90.

Sprout Social (NASDAQ:SPT) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.07. The company had revenue of $121.50 million for the quarter, compared to analysts’ expectations of $120.33 million. Sprout Social had a negative net margin of 8.18% and a negative return on equity of 13.90%. 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. Sell-side analysts predict that Sprout Social, Inc. will post -0.4 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on SPT shares. The Goldman Sachs Group lowered their price target on shares of Sprout Social from $13.00 to $8.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. KeyCorp lowered their price target on shares of Sprout Social from $9.00 to $6.00 and set an “underweight” rating on the stock in a report on Friday, February 27th. Canaccord Genuity Group reissued a “hold” rating and issued a $9.00 price target (down from $16.00) on shares of Sprout Social in a report on Friday, February 27th. Jefferies Financial Group lowered their price target on shares of Sprout Social from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, February 3rd. Finally, Needham & Company LLC lowered their price target on shares of Sprout Social from $32.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sprout Social presently has a consensus rating of “Hold” and an average target price of $13.22.

Insider Buying and Selling at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $5.03, for a total value of $201,200.00. Following the transaction, the insider directly owned 7,417 shares in the company, valued at approximately $37,307.51. This represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 103,855 shares of company stock valued at $600,860 in the last quarter. 9.60% of the stock is currently owned by corporate insiders.

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.