Insider Selling: Sprinklr (NYSE:CXM) Insider Sells $215,119.28 in Stock

Sprinklr, Inc. (NYSE:CXM) insider Karthik Suri sold 41,852 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $5.14, for a total value of $215,119.28. Following the sale, the insider owned 1,111,472 shares in the company, valued at $5,712,966.08. This trade represents a 3.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Karthik Suri also recently made the following trade(s):

• On Tuesday, June 16th, Karthik Suri sold 23,507 shares of Sprinklr stock. The shares were sold at an average price of $5.30, for a total transaction of $124,587.10.

Sprinklr Trading Up 0.3%

NYSE CXM opened at $5.05 on Friday. Sprinklr, Inc. has a 52 week low of $4.72 and a 52 week high of $9.40. The stock has a market cap of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59. The company’s fifty day simple moving average is $5.28 and its 200-day simple moving average is $6.14.

Sprinklr (NYSE:CXM) last released its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The business had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. During the same quarter last year, the company earned $0.12 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. 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 expect that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Trending Headlines about 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

Analyst Upgrades and Downgrades

A number of research firms recently commented on CXM. Weiss Ratings downgraded shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Citigroup reduced their price target on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. DA Davidson reduced their price objective on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Citizens Jmp lowered their target price on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. Finally, Morgan Stanley lowered their target price on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. 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 data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $7.79.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Sprinklr by 2.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after acquiring an additional 2,478 shares during the last quarter. Millennium Management LLC boosted its holdings 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 during the period. Caxton Associates LLP bought a new stake in Sprinklr in the 1st quarter valued at $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Sprinklr by 4.0% in 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 valued at $2,177,000 after purchasing an additional 10,136 shares during the period. Finally, American Century Companies Inc. grew 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 worth $1,453,000 after purchasing an additional 107,394 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors and hedge funds.

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.