Sprinklr (NYSE:CXM) CEO Sells $761,366.20 in Stock

Sprinklr, Inc. (NYSE:CXM) CEO Rory Read sold 143,654 shares of Sprinklr 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 $761,366.20. Following the completion of the sale, the chief executive officer directly owned 3,419,190 shares of the company’s stock, valued at $18,121,707. The trade was a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Performance

Shares of CXM opened at $5.05 on Friday. Sprinklr, Inc. has a fifty-two week low of $4.72 and a fifty-two week 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. The stock has a fifty day moving average of $5.28 and a two-hundred day moving average 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, topping the consensus estimate of $0.10 by $0.01. The business had revenue of $219.48 million for the quarter, compared to analysts’ expectations of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm 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. As a group, equities research analysts forecast that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sprinklr

A number of institutional investors have recently added to or reduced their stakes in CXM. Vanguard Group Inc. raised its holdings in shares of Sprinklr by 20.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after purchasing an additional 2,966,556 shares during the period. SG Americas Securities LLC grew its holdings in shares of Sprinklr by 84.9% during the 1st quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock worth $50,265,000 after purchasing an additional 3,846,652 shares during the period. Morgan Stanley increased its position in Sprinklr by 3.5% during the 4th quarter. Morgan Stanley now owns 7,568,609 shares of the company’s stock worth $58,884,000 after purchasing an additional 252,552 shares in the last quarter. Jefferies Financial Group Inc. increased its position in Sprinklr by 19.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock worth $43,490,000 after purchasing an additional 908,002 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Sprinklr by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 2,722,671 shares of the company’s stock valued at $21,187,000 after buying an additional 21,321 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

More 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

Analyst Ratings Changes

A number of research analysts have recently commented on CXM shares. DA Davidson dropped their price objective on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Citigroup decreased their target price on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Morgan Stanley lowered their target price on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, March 16th. Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Finally, Rosenblatt Securities cut their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Two equities research 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. Based on data from MarketBeat.com, Sprinklr presently 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.