Pale Fire Capital SE Makes New Investment in Sprout Social, Inc. $SPT

Pale Fire Capital SE purchased a new position in shares of Sprout Social, Inc. (NASDAQ:SPT) during the first quarter, HoldingsChannel.com reports. The fund purchased 343,841 shares of the company’s stock, valued at approximately $1,960,000. Sprout Social accounts for approximately 0.2% of Pale Fire Capital SE’s holdings, making the stock its 28th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPT. Vanguard Group Inc. boosted its position in shares of Sprout Social by 4.2% in the 4th quarter. Vanguard Group Inc. now owns 6,822,928 shares of the company’s stock worth $76,894,000 after purchasing an additional 274,527 shares in the last quarter. State Street Corp grew its stake in Sprout Social by 8.2% during the 4th quarter. State Street Corp now owns 1,546,142 shares of the company’s stock worth $17,425,000 after buying an additional 117,757 shares during the last quarter. LB Partners LLC grew its stake in Sprout Social by 144.7% during the 1st quarter. LB Partners LLC now owns 1,510,979 shares of the company’s stock worth $8,613,000 after buying an additional 893,502 shares during the last quarter. Geode Capital Management LLC increased its position in Sprout Social by 11.0% during the 4th 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 in the last quarter. Finally, First Trust Advisors LP increased its position in Sprout Social by 14.5% during the 4th quarter. First Trust Advisors LP now owns 1,028,538 shares of the company’s stock valued at $11,592,000 after buying an additional 130,447 shares in the last quarter.

Sprout Social Stock Performance

Shares of SPT stock opened at $7.57 on Friday. The firm has a market capitalization of $455.00 million, a price-to-earnings ratio of -11.47 and a beta of 0.99. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.95 and a quick ratio of 0.95. The business has a fifty day moving average of $7.45 and a 200 day moving average of $7.22. Sprout Social, Inc. has a 1 year low of $4.92 and a 1 year high of $19.51.

Sprout Social (NASDAQ:SPT) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.07. The company had revenue of $121.50 million during the quarter, compared to analysts’ expectations of $120.33 million. Sprout Social had a negative return on equity of 13.90% and a negative net margin of 8.18%.Sprout Social has set its Q2 2026 guidance at 0.150-0.160 EPS and its FY 2026 guidance at 0.880-0.970 EPS. As a group, research analysts expect that Sprout Social, Inc. will post -0.31 earnings per share for the current year.

Insider Activity at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $8.28, for a total value of $331,200.00. Following the sale, the insider owned 7,417 shares in the company, valued at $61,412.76. This represents a 84.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SPT. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a research note on Friday, July 17th. Barclays increased their price objective on shares of Sprout Social from $8.00 to $9.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $11.88.

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.