Sprinklr (NYSE:CXM) Shares Down 7.3% – Here’s What Happened

Shares of Sprinklr, Inc. (NYSE:CXM) dropped 7.3% on Friday . The company traded as low as $7.32 and last traded at $7.2150. Approximately 146,251 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 1,809,171 shares. The stock had previously closed at $7.78.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CXM. Citigroup upped their price target on shares of Sprinklr from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Sprinklr in a report on Wednesday, December 24th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $12.00 price target on shares of Sprinklr in a report on Thursday, December 4th. DA Davidson reiterated a “neutral” rating and issued a $9.00 price target on shares of Sprinklr in a research report on Thursday, December 4th. Finally, Wall Street Zen downgraded Sprinklr from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $9.89.

Sprinklr Trading Down 5.8%

The stock has a market capitalization of $1.81 billion, a PE ratio of 17.44 and a beta of 0.77. The business’s 50 day moving average is $7.58 and its 200 day moving average is $8.03.

Sprinklr (NYSE:CXM) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. Sprinklr had a net margin of 13.42% and a return on equity of 8.03%. The company had revenue of $219.07 million for the quarter, compared to analyst estimates of $209.56 million. During the same period in the prior year, the company posted $0.10 EPS. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. As a group, analysts anticipate that Sprinklr, Inc. will post 0.1 EPS for the current year.

Insider Buying and Selling at Sprinklr

In related news, Director Ragy Thomas sold 24,952 shares of Sprinklr stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total transaction of $194,126.56. Following the completion of the sale, the director owned 712,349 shares in the company, valued at $5,542,075.22. This trade represents a 3.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Rory P. Read sold 68,673 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total transaction of $534,275.94. Following the completion of the sale, the chief executive officer directly owned 1,810,613 shares of the company’s stock, valued at approximately $14,086,569.14. This trade represents a 3.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 920,646 shares of company stock valued at $7,033,210. 60.53% of the stock is owned by company insiders.

Hedge Funds Weigh In On Sprinklr

Hedge funds and other institutional investors have recently made changes to their positions in the company. Maryland State Retirement & Pension System raised its holdings in shares of Sprinklr by 3.8% in the second quarter. Maryland State Retirement & Pension System now owns 33,735 shares of the company’s stock valued at $285,000 after acquiring an additional 1,235 shares in the last quarter. Amalgamated Bank grew its holdings in Sprinklr by 4.1% during the 2nd quarter. Amalgamated Bank now owns 32,769 shares of the company’s stock worth $277,000 after acquiring an additional 1,292 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Sprinklr by 20.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company’s stock valued at $67,000 after purchasing an additional 1,347 shares during the period. Cresset Asset Management LLC lifted its position in shares of Sprinklr by 7.6% in the 3rd quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock worth $237,000 after purchasing an additional 2,169 shares during the period. Finally, Louisiana State Employees Retirement System boosted its stake in shares of Sprinklr by 4.1% during the third quarter. Louisiana State Employees Retirement System now owns 55,800 shares of the company’s stock valued at $431,000 after purchasing an additional 2,200 shares in the last quarter. Institutional investors own 40.19% of the company’s stock.

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.