Sprinklr, Inc. (NYSE:CXM – Get Free Report) insider Sanjay Macwan sold 27,277 shares of the firm’s 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 $144,568.10. Following the completion of the transaction, the insider owned 552,933 shares in the company, valued at $2,930,544.90. This represents a 4.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Sprinklr Stock Up 0.3%
Shares of NYSE CXM opened at $5.05 on Friday. The stock’s 50 day moving average price is $5.28 and its 200-day moving average price is $6.14. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $9.40. The company has a market capitalization of $1.18 billion, a PE ratio of 42.12 and a beta of 0.59.
Sprinklr (NYSE:CXM – Get Free Report) last released its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The firm had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. During the same period in the prior year, the firm earned $0.12 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. 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, research analysts expect that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.
Hedge Funds Weigh In On Sprinklr
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on CXM. Rosenblatt Securities decreased their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a report on Thursday, June 4th. Weiss Ratings cut Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 30th. Citizens Jmp decreased their price objective on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. DA Davidson decreased their target price on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Finally, Morgan Stanley decreased their price target on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $7.79.
Get Our Latest Research Report on Sprinklr
Sprinklr News Roundup
Here are the key news stories impacting Sprinklr this week:
- Negative Sentiment: CEO Rory Read sold 143,654 shares at $5.30 per share, a transaction that stands out because of its size and may signal reduced insider optimism, even though the company says it was for tax withholding related to equity awards. Article Title
- Negative Sentiment: Other recent insider sales by Sprinklr executives and directors, including the general counsel, CTO, and a director, add to concerns that management may be trimming exposure, even if the trades were largely routine and tax-related.
- Positive Sentiment: Sprinklr’s latest quarterly results were better than expected, with EPS of $0.11 and revenue of $219.48 million both topping analyst estimates, which supports the company’s fundamental case.
- Neutral Sentiment: The stock remains near its recent trading range, and analysts currently rate CXM at “Hold” on average, suggesting the Street is waiting for clearer evidence of stronger growth or margin improvement.
- Negative Sentiment: A shareholder notice tied to an existing class action lawsuit continues to create a legal overhang that could limit upside 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.
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