Amitabh Misra Sells 40,000 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 40,000 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $5.73, for a total value of $229,200.00. Following the sale, the chief technology officer directly owned 814,779 shares in the company, valued at $4,668,683.67. The trade was a 4.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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.

Amitabh Misra also recently made the following trade(s):

• On Wednesday, September 16th, Amitabh Misra sold 29,629 shares of Sprinklr stock. The shares were sold at an average price of $5.55, for a total value of $164,440.95.

Sprinklr Price Performance

Shares of Sprinklr stock opened at $5.32 on Friday. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $8.27. The business has a 50-day moving average of $6.42 and a two-hundred day moving average of $5.80. The company has a market capitalization of $1.23 billion, a P/E ratio of 53.16 and a beta of 0.65.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.The business had revenue of $213.74 million for the quarter, compared to analysts’ expectations of $214.45 million. During the same quarter in the previous year, the business posted $0.13 EPS. Sprinklr’s revenue for the quarter was up .8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. On average, equities analysts anticipate that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $8.50 price target on shares of Sprinklr in a report on Thursday, September 3rd. Citigroup reaffirmed a “market outperform” rating on shares of Sprinklr in a research report on Monday. Weiss Ratings raised shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. UBS Group set a $7.50 price target on Sprinklr in a research note on Thursday, September 3rd. Finally, Morgan Stanley boosted their price target on Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Thursday, September 3rd. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $8.21.

Institutional Investors Weigh In On Sprinklr

Several institutional investors and hedge funds have recently added to or reduced their stakes in CXM. SG Americas Securities LLC increased its position 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 acquiring an additional 3,846,652 shares during the last quarter. Jefferies Financial Group Inc. increased its position in shares of Sprinklr by 19.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock worth $43,490,000 after purchasing an additional 908,002 shares during the last quarter. Dimensional Fund Advisors LP raised its stake 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. Private Management Group Inc. raised its stake in shares of Sprinklr by 1,249.3% during the 4th quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock worth $18,768,000 after purchasing an additional 2,233,542 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Sprinklr by 3.9% in the first quarter. Bank of America Corp DE now owns 1,680,846 shares of the company’s stock valued at $10,085,000 after buying an additional 62,604 shares in the last quarter. 40.19% of the stock is owned by institutional investors.

Key Sprinklr News

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Recent institutional activity included new positions and increased holdings from several investment firms. About 40.19% of Sprinklr’s shares are held by hedge funds and other institutional investors, providing some indication of continued institutional interest.
• Positive Sentiment: Sprinklr’s latest quarterly EPS of $0.11 exceeded analysts’ $0.10 estimate. Management has also highlighted momentum in its artificial-intelligence offerings, while some analysts remain bullish; Rosenblatt Securities has an $8.50 price target and the consensus target is $8.21.
• Neutral Sentiment: CEO Rory Read, CTO Amitabh Misra, General Counsel Jacob Scott, Director Ragy Thomas and another insider sold approximately $1.6 million of shares in transactions conducted around $5.55 per share. The filings state that the sales covered tax obligations related to equity-award vesting; Misra’s transactions were also made under a pre-arranged Rule 10b5-1 plan. The insiders continued to hold substantial positions after the sales. Sprinklr insider selling report
• Negative Sentiment: Revenue rose only 0.8% year over year to $213.74 million and came in slightly below expectations. EPS declined from $0.13 in the comparable period to $0.11, while services remained a drag. Investors may remain cautious until AI-related demand produces faster revenue growth.

About Sprinklr

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.