Insider Selling: Sprinklr (NYSE:CXM) Insider Sells $124,587.10 in Stock

Sprinklr, Inc. (NYSE:CXM) insider Karthik Suri sold 23,507 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total value of $124,587.10. Following the sale, the insider owned 1,153,324 shares of the company’s stock, valued at approximately $6,112,617.20. This represents a 2.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Karthik Suri also recently made the following trade(s):

• On Wednesday, June 17th, Karthik Suri sold 41,852 shares of Sprinklr stock. The stock was sold at an average price of $5.14, for a total value of $215,119.28.

Sprinklr Price Performance

CXM opened at $5.05 on Friday. The business has a fifty day simple moving average of $5.28 and a 200 day simple moving average of $6.14. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $9.40. The company has a market capitalization of $1.18 billion, a PE ratio of 42.12 and a beta of 0.59.

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

Hedge Funds Weigh In On Sprinklr

A number of institutional investors and hedge funds have recently bought and sold shares of CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Sprinklr by 2.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock valued at $988,000 after purchasing an additional 2,478 shares during the last quarter. Millennium Management LLC increased its stake in shares of Sprinklr by 4.6% in the first quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after buying an additional 25,609 shares during the period. Caxton Associates LLP bought a new position in Sprinklr in the 1st quarter valued at approximately $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Sprinklr by 4.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock worth $2,177,000 after buying an additional 10,136 shares during the period. Finally, American Century Companies Inc. grew its holdings in Sprinklr by 166.9% during the 2nd quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock worth $1,453,000 after acquiring an additional 107,394 shares during the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr News Summary

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 Analyst Weigh In

Several equities analysts have recently commented on CXM shares. DA Davidson dropped their target price on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Rosenblatt Securities lowered their price target on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th. Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Citizens Jmp decreased their target price on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. Finally, Weiss Ratings downgraded Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 30th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price 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.