Insider Selling: Sprinklr (NYSE:CXM) Insider Sells $144,568.10 in Stock

Sprinklr, Inc. (NYSE:CXMGet Free Report) insider Sanjay Macwan sold 27,277 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total value of $144,568.10. Following the completion of the transaction, the insider directly owned 552,933 shares of the company’s stock, valued at approximately $2,930,544.90. The trade was a 4.70% decrease in their position. The sale 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

NYSE:CXM opened at $5.05 on Friday. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $9.40. The company has a market cap of $1.18 billion, a PE ratio of 42.12 and a beta of 0.59. The firm’s 50 day simple moving average is $5.28 and its 200 day simple moving average is $6.14.

Sprinklr (NYSE:CXMGet Free Report) last issued its quarterly earnings results 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 company had revenue of $219.48 million during 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 quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Equities research analysts expect that Sprinklr, Inc. will post 0.23 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CXM. Aster Capital Management DIFC Ltd boosted its holdings in Sprinklr by 148.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after acquiring an additional 1,940 shares in the last quarter. Summit Securities Group LLC grew its stake in Sprinklr by 210.8% in the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after purchasing an additional 3,101 shares during the period. Essential Partners LLC raised its holdings in Sprinklr by 563.7% in the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock worth $27,000 after purchasing an additional 3,771 shares in the last quarter. Larson Financial Group LLC lifted its position in Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after buying an additional 4,143 shares during the period. Finally, Empowered Funds LLC bought a new stake in shares of Sprinklr during the 4th quarter valued at $38,000. 40.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Report on Sprinklr

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

Sprinklr Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Sprinklr (NYSE:CXM)

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