263,233 Shares in Sprout Social, Inc. $SPT Bought by Pacer Advisors Inc.

Pacer Advisors Inc. purchased a new stake in Sprout Social, Inc. (NASDAQ:SPT) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 263,233 shares of the company’s stock, valued at approximately $1,500,000. Pacer Advisors Inc. owned approximately 0.44% of Sprout Social at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its position in shares of Sprout Social by 391.7% in the fourth quarter. Brighton Jones LLC now owns 35,985 shares of the company’s stock worth $1,105,000 after buying an additional 28,667 shares during the period. AQR Capital Management LLC purchased a new stake in shares of Sprout Social during the 1st quarter valued at about $365,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Sprout Social by 2.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company’s stock worth $1,168,000 after acquiring an additional 1,265 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Sprout Social by 23.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 325,750 shares of the company’s stock worth $7,163,000 after acquiring an additional 60,947 shares during the period. Finally, Empowered Funds LLC acquired a new stake in Sprout Social in the first quarter valued at approximately $325,000.

Analysts Set New Price Targets

SPT has been the topic of a number of analyst reports. Barclays lifted their price objective on shares of Sprout Social from $8.00 to $9.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. KeyCorp raised their price target on shares of Sprout Social from $6.00 to $7.00 and gave the company an “underweight” rating in a report on Friday. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sprout Social in a research note on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $10.43.

Sprout Social News Roundup

Here are the key news stories impacting Sprout Social this week:

• Positive Sentiment: Sprout Social reported second-quarter revenue of approximately $123.85 million, ahead of the $122.19 million analyst consensus. Adjusted earnings were $0.26 per share, beating estimates of $0.16 and improving from $0.18 a year earlier. Sprout Social Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management issued notably stronger profitability guidance: third-quarter adjusted EPS of $0.29-$0.30 versus a $0.18 consensus, and full-year 2026 EPS of $1.11-$1.15 versus expectations of $0.68. Full-year revenue guidance of $493.0-$495.6 million was broadly in line with the $494.4 million consensus. Sprout Social Earnings and Guidance
• Positive Sentiment: The earnings presentation and call emphasized continued growth among larger customers, with subscription revenue contribution from customers generating at least $30,000 in annual recurring revenue rising 20% year over year. AI product investment and customer upselling support the case for stronger monetization and operating leverage. Sprout Social Announces Second Quarter 2026 Financial Results
• Neutral Sentiment: Although adjusted results were profitable, Sprout Social remained unprofitable under GAAP, recording an operating loss of approximately $2.7 million and a net loss of $3.1 million. Operating cash flow was positive at $8.5 million, with $119.9 million in cash and equivalents. Sprout Social Q2 2026 Results
• Negative Sentiment: Recent insider activity remains a potential overhang: insiders reported eight sales and no purchases over the past six months, including sales by the executive chair and CFO. This may raise concerns about insider confidence despite the strong quarterly outlook.

Sprout Social Stock Up 26.3%

Shares of NASDAQ:SPT opened at $10.34 on Friday. The firm has a market cap of $621.54 million, a PE ratio of -20.68 and a beta of 0.97. The company has a fifty day simple moving average of $7.83 and a 200 day simple moving average of $7.11. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.15. Sprout Social, Inc. has a 12-month low of $4.92 and a 12-month high of $16.03.

Sprout Social (NASDAQ:SPT) last posted 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. The firm had revenue of $123.85 million for the quarter, compared to the consensus estimate of $122.19 million. Sprout Social had a negative net margin of 6.13% and a negative return on equity of 9.06%. 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, equities research analysts anticipate that Sprout Social, Inc. will post -0.31 EPS for the current fiscal year.

Insider Activity at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of Sprout Social stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $8.28, for a total value of $331,200.00. Following the completion of the transaction, the insider directly owned 7,417 shares in the company, valued at approximately $61,412.76. This trade 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 this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 9.60% of the company’s stock.

Sprout Social Profile

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.