Sprout SocialSPT
About: Sprout Social Inc develops a cloud software that brings together social messaging, data and workflows in a unified system of record, intelligence, and action. The firm generates majority revenue from software subscriptions.
Employees: 1,383
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
63% more call options, than puts
Call options by funds: $8.94M | Put options by funds: $5.47M
9% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 68
6.47% less ownership
Funds ownership: 111.72% [Q2] → 105.24% (-6.47%) [Q3]
7% less funds holding
Funds holding: 219 [Q2] → 204 (-15) [Q3]
23% less capital invested
Capital invested by funds: $1.99B [Q2] → $1.54B (-$447M) [Q3]
24% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 45
50% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Needham Scott Berg 60% 1-year accuracy 96 / 159 met price target | 67%upside $55 | Buy Reiterated | 15 Jan 2025 |
Morgan Stanley Elizabeth Porter 56% 1-year accuracy 5 / 9 met price target | 12%upside $37 | Equal-Weight Maintained | 13 Jan 2025 |
Oppenheimer Brian Schwartz 57% 1-year accuracy 26 / 46 met price target | 15%upside $38 | Outperform Maintained | 3 Dec 2024 |
Piper Sandler Clarke Jeffries 58% 1-year accuracy 30 / 52 met price target | 12%downside $29 | Neutral Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 17 articles about SPT published over the past 30 days