Sprinklr (NYSE:CXM) General Counsel Jacob Scott Sells 16,380 Shares

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 16,380 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 $86,814.00. Following the completion of the sale, the general counsel directly owned 651,136 shares of the company’s stock, valued at $3,451,020.80. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Price Performance

Shares of Sprinklr stock opened at $5.05 on Friday. The firm’s fifty day simple moving average is $5.30 and its 200-day simple moving average is $6.14. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 42.12 and a beta of 0.59. Sprinklr, Inc. has a 12 month low of $4.72 and a 12 month high of $9.40.

Sprinklr (NYSE:CXM) last released its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 EPS 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 net margin of 3.29% and a return on equity of 8.13%. Sprinklr’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Analysts anticipate that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Institutional Investors Weigh In On Sprinklr

A number of hedge funds have recently added to or reduced their stakes in CXM. Aster Capital Management DIFC Ltd boosted its holdings in Sprinklr by 148.9% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after purchasing an additional 1,940 shares in the last quarter. Summit Securities Group LLC lifted its holdings in shares of Sprinklr by 210.8% in the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock valued at $27,000 after buying an additional 3,101 shares during the period. Essential Partners LLC lifted its holdings in shares of Sprinklr by 563.7% in the 1st quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after buying an additional 3,771 shares during the period. Larson Financial Group LLC boosted its stake in shares of Sprinklr by 24,370.6% in 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 in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of Sprinklr in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CXM shares. Rosenblatt Securities decreased their target price on shares of 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 dropped their price target on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. Morgan Stanley reduced their price objective on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Citigroup lowered their target price on Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Finally, DA Davidson decreased their price target on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sprinklr presently has a consensus rating of “Hold” and a consensus price target of $7.79.

Key Sprinklr News

Here are the key news stories impacting Sprinklr this week:

• Negative Sentiment: CEO Rory Read sold 143,654 shares at an average price of $5.30, trimming his stake by about 4%. While the company says the sale was to cover tax withholding tied to equity vesting, the size of the transaction may still weigh on investor sentiment. Article Title
• Negative Sentiment: Several other executives and directors also sold shares recently, including the general counsel, CTO, chief product/security executive, and a director, reinforcing concerns about insider confidence even though the sales were largely tied to tax obligations and pre-arranged trading plans.
• Positive Sentiment: Sprinklr’s latest quarterly results were solid, with EPS of $0.11 beating estimates and revenue of $219.48 million topping expectations, which supports the company’s fundamental outlook.
• Neutral Sentiment: Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $7.79. Recent target cuts from some firms offset a few positive rating changes, leaving the Street outlook balanced rather than strongly bullish or bearish.
• Negative Sentiment: A shareholder notice related to a class action lawsuit continues to create a legal overhang that could dampen sentiment in the near term. Article Title

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.