Sprout Social (NASDAQ:SPT) Insider Sells $201,200.00 in Stock

Key Points

• Justyn Russell Howard sold 40,000 Sprout Social shares on April 10 at an average of $5.03 for $201,200 under a pre-arranged Rule 10b5-1 trading plan, reducing his stake by 84.36% after also selling blocks in March.
• Shares jumped 6.2% to $5.30 on higher-than-average volume, but remain near their 1-year low ($4.92) while the company shows negative profitability and a market cap of about $316 million; management set FY2026 EPS guidance of 0.88–0.97.
• Analyst views are mixed and many price targets have been cut (consensus rating: "Hold", target $13.67), even as large institutions like Vanguard and ArrowMark have recently increased their stakes.

Sprout Social, Inc. (NASDAQ:SPT - Get Free Report) insider Justyn Russell Howard sold 40,000 shares of the business'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 sale, the insider owned 7,417 shares in the company, valued at $37,307.51. 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 through 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, March 11th, Justyn Russell Howard sold 40,000 shares of Sprout Social stock. The stock was sold at an average price of $5.96, for a total value of $238,400.00.
• On Tuesday, March 3rd, Justyn Russell Howard sold 23,855 shares of Sprout Social stock. The shares were sold at an average price of $6.76, for a total transaction of $161,259.80.

Sprout Social Stock Up 6.2%

Shares of SPT traded up $0.31 during trading hours on Monday, hitting $5.30. The stock had a trading volume of 2,162,899 shares, compared to its average volume of 1,684,828. Sprout Social, Inc. has a 1-year low of $4.92 and a 1-year high of $25.48. The firm has a 50 day simple moving average of $6.46 and a 200-day simple moving average of $9.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $315.67 million, a P/E ratio of -7.16 and a beta of 1.00.

Sprout Social (NASDAQ:SPT - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.04. The company had revenue of $120.89 million during the quarter, compared to analyst estimates of $118.68 million. Sprout Social had a negative return on equity of 16.10% and a negative net margin of 9.47%.Sprout Social has set its FY 2026 guidance at 0.880-0.970 EPS and its Q1 2026 guidance at 0.150-0.160 EPS. Sell-side analysts predict that Sprout Social, Inc. will post -0.99 EPS for the current fiscal year.

Hedge Funds Weigh In On Sprout Social

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on SPT. Needham & Company LLC lowered their price target on Sprout Social from $32.00 to $14.00 and set a "buy" rating on the stock in a report on Friday, February 27th. Wall Street Zen upgraded Sprout Social from a "hold" rating to a "buy" rating in a research report on Sunday, March 8th. Barclays dropped their price target on Sprout Social from $26.00 to $13.00 and set an "overweight" rating for the company in a research note on Monday, January 12th. KeyCorp lowered their target price 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. Finally, Canaccord Genuity Group reaffirmed a "hold" rating and set a $9.00 target price (down from $16.00) on shares of Sprout Social in a research note on Friday, February 27th. Four equities research analysts have rated the stock with a Buy rating, five 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 an average rating of "Hold" and a consensus target price of $13.67.

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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