Sprinklr (NYSE:CXM) Earns Market Outperform Rating from Citizens Jmp

Sprinklr (NYSE:CXM)‘s stock had its “market outperform” rating reissued by stock analysts at Citizens Jmp in a research report issued to clients and investors on Monday, September 21st, Benzinga reports. They currently have a $11.00 price objective on the stock. Citizens Jmp’s price objective would indicate a potential upside of 119.34% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Wall Street Zen downgraded Sprinklr from a “buy” rating to a “hold” rating in a research report on Saturday, September 5th. Morgan Stanley boosted their price objective on Sprinklr from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 3rd. UBS Group set a $7.50 target price on Sprinklr in a research note on Thursday, September 3rd. DA Davidson lifted their price target on Sprinklr from $6.00 to $6.50 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. Finally, Weiss Ratings upgraded Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $8.21.

Sprinklr Stock Down 1.1%

CXM stock traded down $0.06 during midday trading on Monday, hitting $5.02. 1,147,225 shares of the company traded hands, compared to its average volume of 3,442,867. Sprinklr has a twelve month low of $4.72 and a twelve month high of $8.27. The business has a 50 day simple moving average of $6.38 and a 200-day simple moving average of $5.78. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 50.16 and a beta of 0.65.

Sprinklr (NYSE:CXM) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 2.65% and a return on equity of 7.21%. The business had revenue of $213.74 million during the quarter, compared to analysts’ expectations of $214.45 million. During the same period in the previous year, the company earned $0.13 earnings per share. 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. Equities research analysts forecast that Sprinklr will post 0.23 EPS for the current year.

Insiders Place Their Bets

In other Sprinklr news, Director Ragy Thomas sold 5,457 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total value of $30,286.35. Following the completion of the sale, the director owned 735,253 shares in the company, valued at approximately $4,080,654.15. This trade represents a 0.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanjay Macwan sold 6,936 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $5.55, for a total value of $38,494.80. Following the sale, the insider owned 545,997 shares in the company, valued at approximately $3,030,283.35. This represents a 1.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 359,719 shares of company stock valued at $2,105,291 in the last quarter. 25.18% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sprinklr

Institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC raised its position in Sprinklr by 84.9% in the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock worth $50,265,000 after purchasing an additional 3,846,652 shares in the last quarter. Private Management Group Inc. boosted its holdings in Sprinklr by 1,249.3% during the fourth quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock valued at $18,768,000 after purchasing an additional 2,233,542 shares in the last quarter. Jupiter Asset Management Ltd. grew its stake in shares of Sprinklr by 366.0% in the 4th quarter. Jupiter Asset Management Ltd. now owns 705,339 shares of the company’s stock valued at $5,488,000 after purchasing an additional 553,985 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Sprinklr by 19.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock valued at $15,891,000 after purchasing an additional 438,083 shares during the period. Finally, First Trust Advisors LP raised its holdings in shares of Sprinklr by 214.3% in the 1st quarter. First Trust Advisors LP now owns 634,417 shares of the company’s stock worth $3,807,000 after buying an additional 432,565 shares in the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Company Profile

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.