Insider Selling: Sprinklr (NYSE:CXM) General Counsel Sells 2,724 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 2,724 shares of the stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $4.97, for a total transaction of $13,538.28. Following the completion of the transaction, the general counsel directly owned 648,412 shares of the company’s stock, valued at approximately $3,222,607.64. The trade was a 0.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The stock was sold at an average price of $5.30, for a total value of $86,814.00.

Sprinklr Stock Up 0.3%

NYSE CXM traded up $0.01 during trading hours on Wednesday, hitting $4.99. 3,494,106 shares of the company were exchanged, compared to its average volume of 3,435,126. The stock has a 50-day moving average price of $5.26 and a 200 day moving average price of $6.09. Sprinklr, Inc. has a 52 week low of $4.72 and a 52 week high of $9.40. The stock has a market cap of $1.17 billion, a PE ratio of 41.54 and a beta of 0.59.

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

Hedge Funds Weigh In On Sprinklr

A number of institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC lifted its holdings in shares of Sprinklr by 11,204.2% in the 4th quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock worth $35,250,000 after buying an additional 4,490,746 shares during the period. First Eagle Investment Management LLC increased its stake in shares of Sprinklr by 41.8% during the third quarter. First Eagle Investment Management LLC now owns 1,071,681 shares of the company’s stock valued at $8,273,000 after buying an additional 315,953 shares during the period. Vanguard Group Inc. raised its holdings 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 valued at $135,653,000 after acquiring an additional 2,966,556 shares in the last quarter. Bullseye Asset Management LLC raised its holdings in shares of Sprinklr by 142.5% in the third quarter. Bullseye Asset Management LLC now owns 481,701 shares of the company’s stock valued at $3,719,000 after acquiring an additional 283,031 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Sprinklr by 44.6% in the third quarter. JPMorgan Chase & Co. now owns 624,918 shares of the company’s stock worth $4,824,000 after acquiring an additional 192,683 shares during the period. 40.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. DA Davidson cut their price target on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Citizens Jmp cut their target price on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research note on Thursday, March 12th. Morgan Stanley reduced their price target on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a report on Monday, March 16th. Finally, Rosenblatt Securities decreased their price target on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research note on Thursday, June 4th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Sprinklr currently has a consensus rating of “Hold” and a consensus price target of $7.79.

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.