Sprout Social Inc’s filing revealed that its CFO and Treasurer Del Preto Joseph unloaded Company’s shares for reported $31224.0 on May 06 ’25. In the deal valued at $20.82 per share,1,500 shares were sold. As a result of this transaction, Del Preto Joseph now holds 255,161 shares worth roughly $5.49 million.
Then, Howard Justyn Russell sold 40,000 shares, generating $832,560 in total proceeds. Upon selling the shares at $20.81, the Executive Chair now owns 7,417 shares.
Before that, Walker Karen sold 5,000 shares. Sprout Social Inc shares valued at $97,085 were divested by the Director at a price of $19.42 per share. As a result of the transaction, Walker Karen now holds 25,665 shares, worth roughly $0.55 million.
Scotiabank initiated its Sprout Social Inc [SPT] rating to a Sector perform in a research note published on November 19, 2024; the price target was $28. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in late August from “a Sector weight” to “an Underweight”. William Blair also remained covering SPT and has decreased its forecast on May 03, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Robert W. Baird revised its rating on May 03, 2024. It rated SPT as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of SPT
On Tuesday, Sprout Social Inc [NASDAQ:SPT] saw its stock jump 0.89% to $21.51. Over the last five days, the stock has lost -7.04%. Sprout Social Inc shares have fallen nearly -29.96% since the year began. Nevertheless, the stocks have fallen -32.93% over the past one year. While a 52-week high of $39.74 was reached on 01/28/25, a 52-week low of $18.52 was recorded on 04/21/25. SMA at 50 days reached $21.95, while 200 days put it at $28.04.
Levels Of Support And Resistance For SPT Stock
The 24-hour chart illustrates a support level at 21.12, which if violated will result in even more drops to 20.73. On the upside, there is a resistance level at 22.08. A further resistance level may holdings at 22.64. The Relative Strength Index (RSI) on the 14-day chart is 45.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.69%. Stochastics %K at 20.15% indicates the stock is a holding.
