Insider Selling: Sprinklr (NYSE:CXM) General Counsel Sells $114,356.79 in Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 16,407 shares of the business’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $6.97, for a total transaction of $114,356.79. Following the transaction, the general counsel owned 534,326 shares of the company’s stock, valued at $3,724,252.22. This represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, September 16th, Jacob Scott sold 26,094 shares of Sprinklr stock. The shares were sold at an average price of $5.55, for a total transaction of $144,821.70.
• On Monday, August 10th, Jacob Scott sold 71,585 shares of Sprinklr stock. The shares were sold at an average price of $6.97, for a total value of $498,947.45.

Sprinklr Trading Up 2.0%

NYSE:CXM traded up $0.14 during trading hours on Wednesday, reaching $6.84. 2,303,546 shares of the company were exchanged, compared to its average volume of 3,325,963. The firm has a market cap of $1.59 billion, a PE ratio of 68.46 and a beta of 0.67. The stock’s 50-day moving average is $6.05 and its 200-day moving average is $5.85. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $8.27.

Sprinklr (NYSE:CXM) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $213.74 million for the quarter, compared to analyst estimates of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%. The business’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. As a group, research analysts anticipate that Sprinklr, Inc. will post 0.23 EPS for the current year.

Institutional Trading of Sprinklr

Several hedge funds have recently bought and sold shares of the company. Globeflex Capital L P bought a new position in shares of Sprinklr in the second quarter worth $1,310,000. Dimensional Fund Advisors LP boosted its stake in shares of Sprinklr by 19.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock valued at $15,891,000 after buying an additional 438,083 shares during the period. Quantinno Capital Management LP grew its position in Sprinklr by 966.8% in the first quarter. Quantinno Capital Management LP now owns 248,193 shares of the company’s stock worth $1,489,000 after acquiring an additional 224,928 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Sprinklr by 214.3% during the 1st quarter. First Trust Advisors LP now owns 634,417 shares of the company’s stock worth $3,807,000 after acquiring an additional 432,565 shares in the last quarter. Finally, Pacer Advisors Inc. raised its holdings in Sprinklr by 37.5% in the 1st quarter. Pacer Advisors Inc. now owns 869,926 shares of the company’s stock worth $5,220,000 after acquiring an additional 237,216 shares during the period. 40.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CXM has been the topic of a number of analyst reports. UBS Group set a $7.50 price objective on shares of Sprinklr in a report on Thursday, September 3rd. Morgan Stanley lifted their target price on shares of Sprinklr from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 3rd. Citizens Jmp restated a “market outperform” rating and set a $11.00 target price on shares of Sprinklr in a research report on Monday, September 21st. DA Davidson boosted their price objective on shares of Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Finally, Cantor Fitzgerald reissued a “neutral” rating on shares of Sprinklr in a research report on Thursday, September 3rd. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $8.21.

About Sprinklr

Error: Response status code does not indicate success: 500 (Internal Server Error).