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

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 16,380 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $86,814.00. Following the completion of the transaction, the general counsel owned 651,136 shares in the company, valued at $3,451,020.80. This represents a 2.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Performance

Shares of NYSE CXM traded down $0.07 during mid-day trading on Thursday, hitting $5.05. The stock had a trading volume of 8,248,694 shares, compared to its average volume of 3,423,870. The business has a 50 day moving average price of $5.31 and a two-hundred day moving average price of $6.16. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $9.40. The firm has a market cap of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59.

Sprinklr (NYSE:CXM) last announced its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share 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 analysts’ expectations of $215.89 million. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Equities research analysts predict that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Sprinklr News Roundup

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Sprinklr recently reported quarterly earnings of $0.11 per share, topping analyst expectations of $0.10, and revenue of $219.48 million also came in above estimates. The company said quarterly revenue rose 6.8% year over year, which supports the longer-term business outlook.
• Neutral Sentiment: ResultsCX, a customer experience management peer, announced Great Place To Work certification across eight countries. This is not a direct update on Sprinklr, but it highlights continued activity and recognition in the broader CXM sector.
• Negative Sentiment: Multiple Sprinklr insiders, including CEO Rory P. Read, CTO Amitabh Misra, General Counsel Jacob Scott, and directors/executives Karthik Suri, Joy Corso, Sanjay Macwan, and Ragy Thomas, sold shares in recent filings. While the company said the sales were mainly tied to tax withholding from vested equity awards and some were executed under 10b5-1 plans, the cluster of sales can still weigh on investor sentiment. CEO insider filing
• Negative Sentiment: A shareholder class action notice from Robbins LLP suggests continued legal overhang for Sprinklr, which may add to pressure on the stock. Class action notice

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CXM shares. Morgan Stanley cut their target price on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Rosenblatt Securities lowered their price target on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research report on Thursday, June 4th. DA Davidson dropped their price objective on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Finally, Citigroup decreased their target price on Sprinklr from $7.00 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 assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Sprinklr presently has a consensus rating of “Hold” and a consensus price target of $7.79.

Institutional Investors Weigh In On Sprinklr

A number of large investors have recently modified their holdings of CXM. Pacer Advisors Inc. increased its position in shares of Sprinklr by 37.5% during the first quarter. Pacer Advisors Inc. now owns 869,926 shares of the company’s stock valued at $5,220,000 after buying an additional 237,216 shares during the period. Parallel Advisors LLC raised its stake in Sprinklr by 42.6% in the first quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock worth $44,000 after buying an additional 2,171 shares in the last quarter. Optiver Holding B.V. lifted its holdings in Sprinklr by 3,311.2% in the first quarter. Optiver Holding B.V. now owns 6,993 shares of the company’s stock worth $42,000 after buying an additional 6,788 shares during the period. Lavelle Capital LP purchased a new stake in Sprinklr in the first quarter worth about $607,000. Finally, Essential Partners LLC boosted its position 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. Institutional investors own 40.19% of the company’s stock.

Sprinklr Company Profile

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.