Sprout Social Inc (NASDAQ: SPT) is -20.12% lower on its value in year-to-date trading and has touched a low of $25.05 and a high of $62.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SPT stock was last observed hovering at around $25.56 in the last trading session, with the day’s loss setting it -1.03%.
Currently trading at $24.53, the stock is -15.25% and -20.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -4.03% at the moment leaves the stock -22.08% off its SMA200. SPT registered -58.05% loss for a year compared to 6-month gain of -15.68%.
The stock witnessed a -26.49% loss in the last 1 month and extending the period to 3 months gives it a -21.18%, and is -7.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.65% over the week and 5.32% over the month.
Sprout Social Inc (SPT) has around 1322 employees, a market worth around $1.42B and $405.91M in sales. Fwd P/E is 27.05. Profit margin for the company is -15.27%. Distance from 52-week low is -2.09% and -60.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.06%).
with sales reaching $107.62M over the same period.The EPS is expected to grow by 38.43% this year, but quarterly earnings will post 10.89% year-over-year. Quarterly sales are estimated to grow 11.19% in year-over-year returns.
Sprout Social Inc (SPT) Top Institutional Holders
The shares outstanding are 51.28M, and float is at 49.96M with Short Float at 9.96%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.68 million shares valued at $202.73 million. The investor’s holdings represent 10.0213% of the SPT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.01 million shares valued at $143.11 million to account for 7.074 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 3.81 million shares representing 6.7238% and valued at over $136.02 million, while WELLINGTON MANAGEMENT GROUP LLP holds 5.7197 of the shares totaling 3.24 million with a market value of $115.71 million.
Sprout Social Inc (SPT) Insider Activity
The most recent transaction is an insider sale by Howard Justyn Russell, the company’s Executive Chair. SEC filings show that Howard Justyn Russell sold 40,000 shares of the company’s common stock on Mar 04 ’25 at a price of $26.32 per share for a total of $1.05 million. Following the sale, the insider now owns 7417.0 shares.
Sprout Social Inc disclosed in a document filed with the SEC on Mar 04 ’25 that Howard Justyn Russell (Executive Chair) sold a total of 24,496 shares of the company’s common stock. The trade occurred on Mar 04 ’25 and was made at $26.32 per share for $0.64 million. Following the transaction, the insider now directly holds 0.21 million shares of the SPT stock.
Still, SEC filings show that on Mar 04 ’25, Del Preto Joseph (CFO and Treasurer) disposed off 10,525 shares at an average price of $26.31 for $0.28 million. The insider now directly holds 139,548 shares of Sprout Social Inc (SPT).
