Insider Selling: Sprinklr (NYSE:CXM) CTO Sells $154,654.00 in Stock

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 29,180 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $154,654.00. Following the sale, the chief technology officer owned 854,779 shares of the company’s stock, valued at approximately $4,530,328.70. The trade was a 3.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Up 0.3%

Shares of NYSE CXM opened at $5.05 on Friday. Sprinklr, Inc. has a 12 month low of $4.72 and a 12 month high of $9.40. The company has a market cap of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59. The business’s 50 day moving average is $5.28 and its two-hundred day moving average is $6.14.

Sprinklr (NYSE:CXM) last posted 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 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%.Sprinklr’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business 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. Sell-side analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Citigroup cut their price target on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. DA Davidson decreased their price target on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Morgan Stanley lowered their price target on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Monday, March 16th. Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Finally, Rosenblatt Securities cut their price objective on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th. Two equities research 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 MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $7.79.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Sprinklr by 2.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after buying an additional 2,478 shares in the last quarter. Millennium Management LLC raised its position in Sprinklr by 4.6% in the 1st quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock worth $4,854,000 after purchasing an additional 25,609 shares during the last quarter. Caxton Associates LLP bought a new position in Sprinklr in the 1st quarter worth approximately $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings 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 in the last quarter. Finally, American Century Companies Inc. boosted its position in Sprinklr by 166.9% in the 2nd quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock valued at $1,453,000 after buying an additional 107,394 shares during the last quarter. 40.19% of the stock is owned by institutional investors.

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.