Sprout Social Inc’s recently made public that its Executive Chair Howard Justyn Russell unloaded Company’s shares for reported $0.87 million on Jun 03 ’25. In the deal valued at $21.65 per share,40,000 shares were sold. As a result of this transaction, Howard Justyn Russell now holds 7,417 shares worth roughly $0.17 million.
Then, Howard Justyn Russell sold 10,575 shares, generating $227,965 in total proceeds. Upon selling the shares at $21.56, the Executive Chair now owns 307,088 shares.
Before that, Del Preto Joseph sold 5,149 shares. Sprout Social Inc shares valued at $110,356 were divested by the CFO and Treasurer at a price of $21.43 per share. As a result of the transaction, Del Preto Joseph now holds 250,012 shares, worth roughly $5.62 million.
Cantor Fitzgerald downgraded its Sprout Social Inc [SPT] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in mid November with a ‘”a Sector perform”‘ rating. KeyBanc Capital Markets also remained covering SPT and has decreased its forecast on August 22, 2024 with a “an Underweight” recommendation from previously “Sector weight” rating. William Blair revised its rating on May 03, 2024. It rated SPT as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of SPT
On Tuesday, Sprout Social Inc [NASDAQ:SPT] saw its stock jump 2.65% to $22.46. Over the last five days, the stock has gained 1.58%. Sprout Social Inc shares have fallen nearly -26.86% since the year began. Nevertheless, the stocks have fallen -34.79% over the past one year.
How much short interest is there in Sprout Social Inc?
A steep rise in short interest was recorded in Sprout Social Inc stocks on 2025-05-15, dropping by -0.24 million shares to a total of 3.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 3.46 million shares. There was a decline of -7.47%, which implies that there is a negative sentiment for the stock.
