Insider Selling: Sprinklr (NYSE:CXM) General Counsel Sells 9,942 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 9,942 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total value of $77,348.76. Following the sale, the general counsel directly owned 426,388 shares in the company, valued at approximately $3,317,298.64. This trade represents a 2.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Sprinklr Trading Up 0.4%

CXM traded up $0.03 on Wednesday, reaching $7.88. The stock had a trading volume of 1,974,637 shares, compared to its average volume of 2,239,689. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 18.77 and a beta of 0.78. Sprinklr, Inc. has a fifty-two week low of $6.75 and a fifty-two week high of $9.69. The firm has a 50-day moving average of $7.55 and a 200-day moving average of $8.09.

Sprinklr (NYSE:CXM) last released its quarterly earnings results on Wednesday, December 3rd. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. The company had revenue of $219.07 million for the quarter, compared to analysts’ expectations of $209.56 million. Sprinklr had a return on equity of 8.03% and a net margin of 13.42%.The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.10 earnings per share. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. Sell-side analysts anticipate that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CXM has been the subject of several analyst reports. Barclays dropped their price target on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, September 3rd. Citigroup raised their target price on Sprinklr from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. Rosenblatt Securities reaffirmed a “buy” rating and set a $12.00 target price on shares of Sprinklr in a report on Thursday, December 4th. Weiss Ratings cut Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, December 12th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $9.00 price objective on shares of Sprinklr in a research note on Thursday, December 4th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $9.89.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Larson Financial Group LLC lifted its stake in shares of Sprinklr by 24,370.6% in the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after purchasing an additional 4,143 shares during the period. Lavaca Capital LLC increased its holdings in Sprinklr by 541.2% in the second quarter. Lavaca Capital LLC now owns 4,200 shares of the company’s stock worth $36,000 after purchasing an additional 3,545 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Sprinklr by 69.2% in the first quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company’s stock worth $54,000 after purchasing an additional 2,668 shares in the last quarter. Quarry LP lifted its stake in Sprinklr by 5,071.8% in the first quarter. Quarry LP now owns 7,706 shares of the company’s stock valued at $64,000 after buying an additional 7,557 shares during the period. Finally, Lazard Asset Management LLC boosted its holdings in shares of Sprinklr by 2,480.2% during the 2nd quarter. Lazard Asset Management LLC now owns 8,463 shares of the company’s stock worth $71,000 after buying an additional 8,135 shares in the last quarter. 40.19% of the stock is owned by institutional investors.

About Sprinklr

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.