Sprinklr, Inc. (NYSE:CXM – Get Free Report) Director Ragy Thomas sold 5,457 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total value of $30,286.35. Following the sale, the director owned 735,253 shares of the company’s stock, valued at approximately $4,080,654.15. The trade was a 0.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Sprinklr Stock Up 0.6%
Shares of Sprinklr stock opened at $5.62 on Friday. The firm has a market capitalization of $1.31 billion, a P/E ratio of 56.26 and a beta of 0.65. Sprinklr, Inc. has a 52 week low of $4.72 and a 52 week high of $8.27. The firm’s 50 day moving average is $6.42 and its two-hundred day moving average is $5.80.
Sprinklr (NYSE:CXM – Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $213.74 million for the quarter, compared to analysts’ expectations of $214.45 million. Sprinklr had a net margin of 2.65% and a return on equity of 7.21%. The firm’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter last year, the company earned $0.13 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. As a group, research analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.
Sprinklr News Roundup
- Positive Sentiment: Sprinklr’s latest earnings call highlighted momentum in its AI offerings, providing a potential growth catalyst. The company also reported quarterly EPS of $0.11, slightly ahead of the $0.10 consensus estimate. Several analysts maintain positive views, including Rosenblatt Securities with an $8.50 price target, while the average analyst price target is $8.21. Sprinklr earnings call
- Neutral Sentiment: CEO Rory Read, CTO Amitabh Misra, General Counsel Jacob Scott, and other executives and directors sold shares totaling roughly $1.6 million. Misra separately sold 40,000 shares for $229,200 and 29,629 shares for $164,441. The filings state that the transactions covered tax-withholding obligations from vested equity awards; Misra’s sales were also made under a pre-arranged Rule 10b5-1 plan. The structured nature of the trades makes them less concerning than discretionary insider selling, although the number of transactions may affect investor sentiment. Sprinklr insider trading report
- Negative Sentiment: Revenue increased only 0.8% year over year to $213.74 million, slightly below analyst expectations, while services remained a drag on results. EPS also declined from $0.13 in the comparable quarter to $0.11. With the stock trading at a relatively high earnings multiple despite limited growth, investors may remain cautious until AI-driven demand produces stronger revenue acceleration. Sprinklr stock analysis
Institutional Trading of Sprinklr
Several hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC boosted its stake in shares of Sprinklr by 84.9% in the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock valued at $50,265,000 after buying an additional 3,846,652 shares in the last quarter. Private Management Group Inc. raised its position in Sprinklr by 1,249.3% in the fourth quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock worth $18,768,000 after acquiring an additional 2,233,542 shares in the last quarter. Jefferies Financial Group Inc. lifted its holdings in Sprinklr by 19.4% in the fourth quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock valued at $43,490,000 after acquiring an additional 908,002 shares during the period. Jupiter Asset Management Ltd. lifted its holdings in Sprinklr by 366.0% in the fourth quarter. Jupiter Asset Management Ltd. now owns 705,339 shares of the company’s stock valued at $5,488,000 after acquiring an additional 553,985 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Sprinklr by 19.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock worth $15,891,000 after purchasing an additional 438,083 shares in the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. Cantor Fitzgerald reiterated a “neutral” rating on shares of Sprinklr in a research note on Thursday, September 3rd. Citigroup reiterated a “market outperform” rating on shares of Sprinklr in a research note on Monday. Wall Street Zen downgraded shares of Sprinklr from a “buy” rating to a “hold” rating in a research report on Saturday, September 5th. Rosenblatt Securities restated a “buy” rating and issued a $8.50 price objective on shares of Sprinklr in a research note on Thursday, September 3rd. Finally, Morgan Stanley upped their target price on shares of Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Thursday, September 3rd. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $8.21.
Read Our Latest Research Report on CXM
Sprinklr Company Profile
Sprinklr, Inc (NYSE:CXM) provides an enterprise software platform designed to help organizations manage customer experiences across digital and traditional channels. Its cloud-based Unified Customer Experience Management platform brings together customer-facing functions, data and workflows in a centralized environment.
The company’s products support customer service and contact-center operations, social media management, digital marketing, advertising, customer insights and social listening.
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