Sprinklr (NYSE:CXM) Insider Sells $178,265.50 in Stock

Sprinklr, Inc. (NYSE:CXM) insider Joy Corso sold 33,635 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $178,265.50. Following the completion of the transaction, the insider directly owned 1,175,616 shares in the company, valued at $6,230,764.80. The trade was a 2.78% decrease in their position. The sale was disclosed in a legal 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 Stock Performance

CXM stock opened at $5.05 on Friday. The company has a market capitalization of $1.18 billion, a PE ratio of 42.12 and a beta of 0.59. The company’s 50 day moving average price is $5.28 and its two-hundred day moving average price is $6.14. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $9.40.

Sprinklr (NYSE:CXM) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The firm had revenue of $219.48 million during the quarter, compared to the consensus estimate 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 in the previous year, the company posted $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, research analysts predict that Sprinklr, Inc. will post 0.23 EPS for the current year.

Institutional Investors Weigh In On Sprinklr

Several institutional investors and hedge funds have recently modified their holdings of CXM. Vanguard Group Inc. lifted its holdings in shares of 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 in the last quarter. SG Americas Securities LLC increased its holdings in Sprinklr by 84.9% in the 1st quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock valued at $50,265,000 after acquiring an additional 3,846,652 shares during the last quarter. Morgan Stanley lifted its stake in Sprinklr by 3.5% in 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. boosted its holdings in shares of Sprinklr by 19.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock valued at $43,490,000 after purchasing an additional 908,002 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Sprinklr by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,722,671 shares of the company’s stock valued at $21,187,000 after purchasing an additional 21,321 shares in the last quarter. Institutional investors own 40.19% of the company’s stock.

Key Stories Impacting Sprinklr

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

Analysts Set New Price Targets

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

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.