On October 7, 2024, Preto Del, the Chief Financial Officer and Treasurer of Sprout Social Inc (SPT, Financial), sold 1,500 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this sale, the insider now owns 158,614 shares of Sprout Social Inc.
Sprout Social Inc is a provider of cloud-based social media management software that enables businesses to manage their social media and messaging channels. The company's platform offers solutions for social media marketing, social data analytics, and customer engagement.
Over the past year, Preto Del has sold a total of 29,638 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 43 insider sells and no insider buys over the past year.
Shares of Sprout Social Inc were trading at $28.27 on the day of the sale. The company has a market cap of approximately $1.59 billion.
The stock's valuation metrics show a GF Value of $90.95, indicating a price-to-GF-Value ratio of 0.31. This suggests that Sprout Social Inc is currently seen as a Possible Value Trap, Think Twice, according to GuruFocus's valuation analysis.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and company stock valuation metrics to gauge market sentiment and potential future stock movements.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
