Sprinklr (NYSE:CXM) Insider Karthik Suri Sells 41,852 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) insider Karthik Suri sold 41,852 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $5.14, for a total transaction of $215,119.28. Following the sale, the insider directly owned 1,111,472 shares of the company’s stock, valued at $5,712,966.08. The trade was a 3.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Karthik Suri also recently made the following trade(s):

• On Tuesday, June 16th, Karthik Suri sold 23,507 shares of Sprinklr stock. The shares were sold at an average price of $5.30, for a total transaction of $124,587.10.

Sprinklr Trading Down 1.3%

NYSE CXM opened at $5.05 on Friday. The firm’s fifty day simple moving average is $5.30 and its two-hundred day simple moving average is $6.14. Sprinklr, Inc. has a 12-month low of $4.72 and a 12-month high of $9.40. The firm has a market capitalization of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59.

Sprinklr (NYSE:CXM) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The business had revenue of $219.48 million for the quarter, compared to the consensus estimate of $215.89 million. During the same period in the prior year, the firm posted $0.12 earnings per share. The business’s quarterly revenue was up 6.8% on a year-over-year basis. 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, sell-side analysts predict that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Trending Headlines about Sprinklr

Here are the key news stories impacting Sprinklr this week:

• Negative Sentiment: CEO Rory Read sold 143,654 shares at an average price of $5.30, trimming his stake by about 4%. While the company says the sale was to cover tax withholding tied to equity vesting, the size of the transaction may still weigh on investor sentiment. Article Title
• Negative Sentiment: Several other executives and directors also sold shares recently, including the general counsel, CTO, chief product/security executive, and a director, reinforcing concerns about insider confidence even though the sales were largely tied to tax obligations and pre-arranged trading plans.
• Positive Sentiment: Sprinklr’s latest quarterly results were solid, with EPS of $0.11 beating estimates and revenue of $219.48 million topping expectations, which supports the company’s fundamental outlook.
• Neutral Sentiment: Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $7.79. Recent target cuts from some firms offset a few positive rating changes, leaving the Street outlook balanced rather than strongly bullish or bearish.
• Negative Sentiment: A shareholder notice related to a class action lawsuit continues to create a legal overhang that could dampen sentiment in the near term. Article Title

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CXM shares. Weiss Ratings downgraded Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Rosenblatt Securities cut their price objective on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a report on Thursday, June 4th. DA Davidson decreased their price objective on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Citigroup lowered their target price on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Finally, Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $7.79.

Hedge Funds Weigh In On Sprinklr

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its stake in shares of Sprinklr by 11,204.2% during the 4th quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock valued at $35,250,000 after buying an additional 4,490,746 shares during the last quarter. First Eagle Investment Management LLC boosted its stake in shares of Sprinklr by 41.8% in the third quarter. First Eagle Investment Management LLC now owns 1,071,681 shares of the company’s stock worth $8,273,000 after buying an additional 315,953 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Sprinklr by 20.3% in the third quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after buying an additional 2,966,556 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new stake in Sprinklr during the third quarter worth about $6,997,000. Finally, Bullseye Asset Management LLC grew its holdings in Sprinklr by 142.5% during the third quarter. Bullseye Asset Management LLC now owns 481,701 shares of the company’s stock worth $3,719,000 after acquiring an additional 283,031 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

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.