Sprinklr (NYSE:CXM) General Counsel Sells 2,724 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 2,724 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $4.97, for a total transaction of $13,538.28. Following the completion of the sale, the general counsel directly owned 648,412 shares of the company’s stock, valued at $3,222,607.64. The trade was a 0.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The shares were sold at an average price of $5.30, for a total transaction of $86,814.00.

Sprinklr Stock Performance

NYSE:CXM traded up $0.01 during trading hours on Wednesday, reaching $4.99. The company’s stock had a trading volume of 3,494,106 shares, compared to its average volume of 3,435,126. The company has a market capitalization of $1.17 billion, a P/E ratio of 41.54 and a beta of 0.59. The stock has a 50 day moving average price of $5.26 and a two-hundred day moving average price of $6.09. Sprinklr, Inc. has a 12 month low of $4.72 and a 12 month high of $9.40.

Sprinklr (NYSE:CXM) last released its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The firm had revenue of $219.48 million during the quarter, compared to analyst estimates of $215.89 million. During the same period in the previous year, the company posted $0.12 EPS. The business’s revenue for the quarter 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, analysts predict that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Institutional Trading of Sprinklr

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Sprinklr by 2.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock valued at $988,000 after purchasing an additional 2,478 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Sprinklr by 4.6% during the first quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock worth $4,854,000 after purchasing an additional 25,609 shares during the period. Caxton Associates LLP purchased a new stake in Sprinklr in the first quarter valued at approximately $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Sprinklr by 4.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock valued at $2,177,000 after buying an additional 10,136 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in Sprinklr by 166.9% in the 2nd quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock worth $1,453,000 after buying an additional 107,394 shares during the period. Institutional investors and hedge funds own 40.19% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CXM. Citigroup lowered 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 reduced their target price on Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Morgan Stanley lowered their price target on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, March 16th. Finally, Citizens Jmp cut their price objective on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $7.79.

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.