Insider Selling: Sprinklr (NYSE:CXM) Director Sells $32,255.80 in Stock

Sprinklr, Inc. (NYSE:CXM) Director Ragy Thomas sold 6,086 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $32,255.80. Following the completion of the sale, the director owned 740,710 shares in the company, valued at $3,925,763. This represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Price Performance

CXM opened at $5.05 on Friday. The firm has a market capitalization of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $9.40. The company has a fifty day moving average price of $5.28 and a 200-day moving average price of $6.14.

Sprinklr (NYSE:CXM) last posted its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $219.48 million during the quarter, compared to analyst estimates of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company earned $0.12 earnings per share. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. On average, analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Institutional Trading of Sprinklr

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC increased its holdings in shares of Sprinklr by 11,204.2% in the fourth quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock worth $35,250,000 after purchasing an additional 4,490,746 shares during the last quarter. First Eagle Investment Management LLC lifted its stake in shares of Sprinklr by 41.8% in the 3rd quarter. First Eagle Investment Management LLC now owns 1,071,681 shares of the company’s stock valued at $8,273,000 after purchasing an additional 315,953 shares during the last quarter. Vanguard Group Inc. lifted its position in Sprinklr by 20.3% in the third quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after buying an additional 2,966,556 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new position in shares of Sprinklr during the 3rd quarter worth about $6,997,000. Finally, Bullseye Asset Management LLC boosted its position in shares of Sprinklr by 142.5% during the third quarter. Bullseye Asset Management LLC now owns 481,701 shares of the company’s stock valued at $3,719,000 after buying an additional 283,031 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Key Sprinklr News

Here are the key news stories impacting Sprinklr this week:

• Negative Sentiment: CEO Rory Read sold 143,654 shares at $5.30 per share, a transaction that stands out because of its size and may signal reduced insider optimism, even though the company says it was for tax withholding related to equity awards. Article Title
• Negative Sentiment: Other recent insider sales by Sprinklr executives and directors, including the general counsel, CTO, and a director, add to concerns that management may be trimming exposure, even if the trades were largely routine and tax-related.
• Positive Sentiment: Sprinklr’s latest quarterly results were better than expected, with EPS of $0.11 and revenue of $219.48 million both topping analyst estimates, which supports the company’s fundamental case.
• Neutral Sentiment: The stock remains near its recent trading range, and analysts currently rate CXM at “Hold” on average, suggesting the Street is waiting for clearer evidence of stronger growth or margin improvement.
• Negative Sentiment: A shareholder notice tied to an existing class action lawsuit continues to create a legal overhang that could limit upside sentiment in the near term. Article Title

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. DA Davidson dropped their price target on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Morgan Stanley reduced their price target on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Monday, March 16th. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Rosenblatt Securities cut their price objective on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research note on Thursday, June 4th. Finally, Citigroup reduced their target price on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $7.79.

About Sprinklr

Sprinklr, Inc (NYSE: CXM) is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.

Sprinklr’s platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.