Sprout Social (NASDAQ:SPT) Trading Down 5.8% – Here’s What Happened

Posted by Francis Steltz on Sep 24th, 2026

Sprout Social, Inc. (NASDAQ:SPT – Get Free Report)’s share price was down 5.8% on Tuesday . The company traded as low as $9.75 and last traded at $9.7350. 284,642 shares traded hands during trading, a decline of 81% from the average session volume of 1,474,488 shares. The stock had previously closed at $10.33.

Wall Street Analysts Forecast Growth

Several research analysts have commented on SPT shares. Morgan Stanley raised their price target on shares of Sprout Social from $10.00 to $11.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Wall Street Zen upgraded Sprout Social from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. KeyCorp upped their target price on Sprout Social from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of Sprout Social in a report on Friday, July 17th. Finally, Barclays upped their price objective on shares of Sprout Social from $9.00 to $12.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $10.43.

Read Our Latest Stock Report on SPT

Sprout Social Trading Up 0.7%

The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $602.89 million, a PE ratio of -19.90 and a beta of 0.95. The stock’s fifty day moving average price is $9.85 and its two-hundred day moving average price is $7.73.

Sprout Social (NASDAQ:SPT – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.16 by $0.10. The firm had revenue of $123.85 million during the quarter, compared to analysts’ expectations of $122.19 million. Sprout Social had a negative net margin of 6.13% and a negative return on equity of 8.80%. 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. Sell-side analysts anticipate that Sprout Social, Inc. will post -0.02 earnings per share for the current year.

Insider Buying and Selling at Sprout Social

In other Sprout Social news, insider Justyn Howard sold 10,895 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $11.45, for a total value of $124,747.75. Following the completion of the transaction, the insider owned 239,840 shares of the company’s stock, valued at approximately $2,746,168. The trade was a 4.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 51,612 shares of company stock worth $464,157 over the last ninety days. 9.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Sprout Social

Several institutional investors have recently made changes to their positions in SPT. Haveli Investment Management LLC bought a new position in shares of Sprout Social in the second quarter worth about $16,405,033. LB Partners LLC lifted its holdings in Sprout Social by 144.7% during the first quarter. LB Partners LLC now owns 1,510,979 shares of the company’s stock valued at $8,613,000 after purchasing an additional 893,502 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Sprout Social by 79.4% during the first quarter. Renaissance Technologies LLC now owns 727,762 shares of the company’s stock valued at $4,148,000 after purchasing an additional 322,200 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its position in shares of Sprout Social by 252.2% in the first quarter. Y Intercept Hong Kong Ltd now owns 626,762 shares of the company’s stock worth $3,573,000 after purchasing an additional 448,783 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Sprout Social by 46.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 442,496 shares of the company’s stock worth $2,522,000 after purchasing an additional 141,258 shares in the last quarter.

About Sprout Social

(Get Free Report)

Sprout Social, Inc (NASDAQ:SPT) is a software company that provides social media management and analytics tools for businesses, agencies and other organizations. Its cloud-based platform helps users manage social media activities from a centralized interface, supporting functions such as content publishing, audience engagement, workflow coordination and performance reporting.

The company’s product offerings include social media monitoring and listening, analytics, customer care, employee advocacy and influencer marketing capabilities.