Weekly Analysts’ Ratings Changes for Sprout Social (SPT)

Several analysts have recently updated their ratings and price targets for Sprout Social (NASDAQ: SPT):

• 2/27/2025 – Sprout Social had its price target lowered by analysts at Scotiabank from $28.00 to $25.00. They now have a “sector perform” rating on the stock.
• 2/26/2025 – Sprout Social had its price target lowered by analysts at Barclays PLC from $38.00 to $34.00. They now have an “overweight” rating on the stock.
• 2/26/2025 – Sprout Social had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $34.00 to $29.00. They now have a “neutral” rating on the stock.
• 2/26/2025 – Sprout Social had its price target lowered by analysts at Piper Sandler from $29.00 to $27.00. They now have a “neutral” rating on the stock.
• 2/26/2025 – Sprout Social had its price target lowered by analysts at Morgan Stanley from $37.00 to $30.00. They now have an “equal weight” rating on the stock.
• 2/26/2025 – Sprout Social had its price target lowered by analysts at Canaccord Genuity Group Inc. from $40.00 to $35.00. They now have a “buy” rating on the stock.
• 2/26/2025 – Sprout Social had its price target lowered by analysts at Stifel Nicolaus from $45.00 to $34.00. They now have a “buy” rating on the stock.
• 2/26/2025 – Sprout Social had its price target lowered by analysts at Needham & Company LLC from $55.00 to $32.00. They now have a “buy” rating on the stock.
• 2/3/2025 – Sprout Social had its price target raised by analysts at Jefferies Financial Group Inc. from $34.00 to $42.00. They now have a “buy” rating on the stock.

Sprout Social Price Performance

NASDAQ SPT opened at $24.51 on Tuesday. Sprout Social, Inc. has a 12-month low of $22.95 and a 12-month high of $62.34. The firm’s fifty day simple moving average is $30.01 and its two-hundred day simple moving average is $29.84. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $1.42 billion, a P/E ratio of -20.42 and a beta of 1.11.

Sprout Social (NASDAQ:SPT) last announced its earnings results on Tuesday, February 25th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.35). The business had revenue of $107.09 million for the quarter, compared to analysts’ expectations of $106.74 million. Sprout Social had a negative return on equity of 40.94% and a negative net margin of 17.24%. Analysts forecast that Sprout Social, Inc. will post -0.99 EPS for the current fiscal year.

Insider Buying and Selling

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of Sprout Social stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $32.59, for a total transaction of $1,303,600.00. Following the completion of the sale, the insider now directly owns 7,417 shares in the company, valued at approximately $241,720.03. The trade was a 84.36 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Ryan Paul Barretto sold 16,800 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $30.99, for a total transaction of $520,632.00. Following the completion of the sale, the chief executive officer now owns 153,375 shares in the company, valued at $4,753,091.25. The trade was a 9.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 101,800 shares of company stock worth $3,242,332 in the last three months. Corporate insiders own 10.97% of the company’s stock.

Institutional Trading of Sprout Social

Hedge funds have recently modified their holdings of the stock. Quarry LP increased its stake in shares of Sprout Social by 100.9% in the 3rd quarter. Quarry LP now owns 1,573 shares of the company’s stock valued at $46,000 after purchasing an additional 790 shares in the last quarter. US Bancorp DE increased its position in shares of Sprout Social by 2,392.6% in the fourth quarter. US Bancorp DE now owns 1,695 shares of the company’s stock valued at $52,000 after buying an additional 1,627 shares in the last quarter. KBC Group NV raised its stake in shares of Sprout Social by 77.1% during the 4th quarter. KBC Group NV now owns 2,525 shares of the company’s stock worth $78,000 after buying an additional 1,099 shares during the period. Assetmark Inc. raised its stake in shares of Sprout Social by 27.5% during the 3rd quarter. Assetmark Inc. now owns 3,717 shares of the company’s stock worth $108,000 after buying an additional 801 shares during the period. Finally, Yarbrough Capital LLC purchased a new position in shares of Sprout Social during the 4th quarter valued at approximately $206,000.

Sprout Social, Inc designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.