Jacob Scott Sells 71,585 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 71,585 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $6.97, for a total value of $498,947.45. Following the transaction, the general counsel owned 576,827 shares in the company, valued at $4,020,484.19. This trade represents a 11.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jacob Scott also recently made the following trade(s):

• On Monday, June 22nd, Jacob Scott sold 2,724 shares of Sprinklr stock. The shares were sold at an average price of $4.97, for a total transaction of $13,538.28.
• On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The stock was sold at an average price of $5.30, for a total transaction of $86,814.00.

Sprinklr Stock Performance

Sprinklr stock opened at $7.04 on Friday. The firm’s 50-day moving average is $5.73 and its 200-day moving average is $5.67. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $8.85. The company has a market cap of $1.65 billion, a P/E ratio of 58.67 and a beta of 0.58.

Sprinklr (NYSE:CXM) last posted 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 business had revenue of $219.48 million during the quarter, compared to analyst estimates of $215.89 million. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the business posted $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. As a group, sell-side analysts predict 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 made changes to their positions in the business. Aster Capital Management DIFC Ltd boosted its position in shares of Sprinklr by 148.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after buying an additional 1,940 shares during the period. Summit Securities Group LLC increased its position in 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 acquiring an additional 3,101 shares during the period. Essential Partners LLC raised its stake in Sprinklr by 563.7% during the 1st quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after acquiring an additional 3,771 shares in the last quarter. Larson Financial Group LLC raised its stake in Sprinklr by 24,370.6% during the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after acquiring an additional 4,143 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in Sprinklr during the 4th quarter worth $38,000. Institutional investors own 40.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CXM shares. DA Davidson dropped their price target on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Citigroup reduced their price objective on Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Rosenblatt Securities lowered their price objective on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research note on Thursday, June 4th. Finally, Weiss Ratings upgraded Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Sprinklr presently has an average rating of “Hold” and a consensus price target of $7.79.

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.