Insider Selling: Sprinklr (NYSE:CXM) CTO Sells $200,005.65 in Stock

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 34,189 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $5.85, for a total transaction of $200,005.65. Following the completion of the transaction, the chief technology officer owned 970,753 shares of the company’s stock, valued at $5,678,905.05. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Sprinklr Trading Up 0.9%

Sprinklr stock opened at $6.01 on Friday. The firm’s 50 day simple moving average is $6.11 and its 200 day simple moving average is $7.13. The firm has a market capitalization of $1.48 billion, a PE ratio of 66.73 and a beta of 0.78. Sprinklr, Inc. has a 1-year low of $5.12 and a 1-year high of $9.40.

Sprinklr (NYSE:CXM) last posted its earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.03. The business had revenue of $220.59 million for the quarter, compared to analysts’ expectations of $216.93 million. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. Research analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CXM. Weiss Ratings raised Sprinklr from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $12.00 price target on shares of Sprinklr in a report on Thursday, December 4th. Cantor Fitzgerald reiterated a “neutral” rating and set a $8.00 price target on shares of Sprinklr in a research report on Wednesday, December 3rd. Finally, Citizens Jmp cut their price objective on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Sprinklr presently has an average rating of “Hold” and an average price target of $8.31.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Sprinklr by 2.1% during the first 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 in the last quarter. Millennium Management LLC lifted its stake in 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 last quarter. Caxton Associates LLP purchased a new position in shares of Sprinklr in the 1st quarter worth about $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Sprinklr by 4.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock worth $2,177,000 after purchasing an additional 10,136 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of 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 last quarter. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

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.