Sprinklr (NYSE:CXM) General Counsel Sells $86,814.00 in Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 16,380 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $86,814.00. Following the completion of the sale, the general counsel owned 651,136 shares in the company, valued at $3,451,020.80. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Performance

NYSE:CXM opened at $5.05 on Friday. The stock has a 50-day simple moving average of $5.28 and a 200-day simple moving average of $6.14. The stock has a market cap of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $9.40.

Sprinklr (NYSE:CXM) last issued its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share 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 analyst estimates of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company earned $0.12 EPS. 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, equities research analysts predict that Sprinklr, Inc. will post 0.23 EPS for the current year.

Institutional Investors Weigh In On Sprinklr

Several institutional investors have recently made changes to their positions in CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Sprinklr by 2.1% in the 1st 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 in the last quarter. Millennium Management LLC increased its stake in Sprinklr by 4.6% in the 1st quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after purchasing an additional 25,609 shares in the last quarter. Caxton Associates LLP acquired a new position in Sprinklr during the first quarter worth $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Sprinklr by 4.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock valued at $2,177,000 after purchasing an additional 10,136 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in Sprinklr by 166.9% in the second quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock valued at $1,453,000 after purchasing an additional 107,394 shares during the last quarter. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on CXM. Weiss Ratings downgraded shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 30th. DA Davidson cut their target price on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Citizens Jmp lowered their price target on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a report on Thursday, March 12th. Finally, Rosenblatt Securities decreased their price objective on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research report on Thursday, June 4th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Sprinklr currently has a consensus rating of “Hold” and an average price target of $7.79.

Sprinklr News Roundup

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

Sprinklr Company Profile

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.