Justyn Russell Howard Sells 10,895 Shares of Sprout Social (NASDAQ:SPT) Stock

Key Points

• Insider sale: Justyn Russell Howard sold 10,895 Sprout Social shares at an average price of $11.45, generating $124,747.75. The Rule 10b5-1 transaction reduced his stake by 4.35% to 239,840 shares.
• Quarterly performance: Sprout Social reported adjusted EPS of $0.26, beating estimates of $0.16, while revenue reached $123.85 million versus expectations of $122.19 million. The company maintained fiscal 2026 EPS guidance of $1.11–$1.15.
• Mixed analyst outlook: Recent ratings ranged from strong buy to sell, leaving Sprout Social with an average “Hold” rating and an average price target of $10.43, below its reported trading price of $11.37.

Sprout Social, Inc. (NASDAQ:SPT - Get Free Report) insider Justyn Howard sold 10,895 shares of the company's stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $11.45, for a total transaction of $124,747.75. Following the sale, the insider owned 239,840 shares of the company's stock, valued at $2,746,168. The trade was a 4.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, July 10th, Justyn Howard sold 40,000 shares of Sprout Social stock. The stock was sold at an average price of $8.28, for a total value of $331,200.00.

Sprout Social Trading Up 0.3%

Shares of NASDAQ:SPT traded up $0.03 during mid-day trading on Thursday, reaching $11.37. The stock had a trading volume of 1,560,824 shares, compared to its average volume of 1,516,721. The firm has a 50 day simple moving average of $9.12 and a two-hundred day simple moving average of $7.35. Sprout Social, Inc. has a twelve month low of $4.92 and a twelve month high of $15.56. The firm has a market cap of $688.91 million, a PE ratio of -22.74 and a beta of 0.95. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.14.

Sprout Social (NASDAQ:SPT - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.10. Sprout Social had a negative net margin of 6.13% and a negative return on equity of 8.80%. The business had revenue of $123.85 million during the quarter, compared to analysts' expectations of $122.19 million. 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 predict that Sprout Social, Inc. will post -0.02 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SPT. Wall Street Zen raised Sprout Social from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 15th. Zacks Research upgraded shares of Sprout Social from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 10th. Weiss Ratings restated a "sell (e+)" rating on shares of Sprout Social in a report on Friday, July 17th. Morgan Stanley increased their price target on Sprout Social from $10.00 to $11.00 and gave the company an "equal weight" rating in a research report on Thursday, August 13th. Finally, KeyCorp upped their target price on shares of Sprout Social from $6.00 to $7.00 and gave the company an "underweight" rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $10.43.

Hedge Funds Weigh In On Sprout Social

Several institutional investors and hedge funds have recently modified their holdings of SPT. Summit Securities Group LLC raised its position in shares of Sprout Social by 399.0% in the fourth quarter. Summit Securities Group LLC now owns 2,520 shares of the company's stock valued at $28,000 after buying an additional 2,015 shares in the last quarter. Quadrant Capital Group LLC bought a new position in Sprout Social in the fourth quarter valued at approximately $28,000. Essential Partners LLC raised its position in Sprout Social by 724.9% during the first quarter. Essential Partners LLC now owns 6,550 shares of the company's stock valued at $37,000 after purchasing an additional 5,756 shares in the last quarter. GAMMA Investing LLC raised its position in Sprout Social by 115.8% during the second quarter. GAMMA Investing LLC now owns 6,368 shares of the company's stock valued at $48,000 after purchasing an additional 3,417 shares in the last quarter. Finally, Quarry LP lifted its stake in Sprout Social by 264.2% during the third quarter. Quarry LP now owns 3,784 shares of the company's stock worth $49,000 after purchasing an additional 2,745 shares during the last quarter.

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.

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