Sprinklr (NYSE:CXM) General Counsel Jacob Scott Sells 71,585 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 71,585 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $6.97, for a total value of $498,947.45. Following the transaction, the general counsel owned 576,827 shares in the company, valued at approximately $4,020,484.19. This represents a 11.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Monday, June 22nd, Jacob Scott sold 2,724 shares of Sprinklr stock. The stock was sold at an average price of $4.97, for a total value of $13,538.28.
• On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The shares were sold at an average price of $5.30, for a total transaction of $86,814.00.

Sprinklr Trading Down 1.5%

CXM stock traded down $0.10 during trading on Wednesday, reaching $6.77. 1,894,047 shares of the stock were exchanged, compared to its average volume of 3,389,570. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 56.42 and a beta of 0.58. The business has a 50 day moving average price of $5.67 and a 200-day moving average price of $5.67. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $8.85.

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

Analyst Ratings Changes

CXM has been the topic of a number of research analyst reports. Rosenblatt Securities reduced their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Weiss Ratings upgraded shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Citigroup cut their target price on Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Finally, DA Davidson decreased their price target on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sprinklr has a consensus rating of “Hold” and a consensus target price of $7.79.

Hedge Funds Weigh In On Sprinklr

Several institutional investors have recently modified their holdings of the business. Aster Capital Management DIFC Ltd grew its holdings in Sprinklr by 148.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after acquiring an additional 1,940 shares in the last quarter. Larson Financial Group LLC grew its stake in shares of Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock worth $32,000 after purchasing an additional 4,143 shares in the last quarter. Essential Partners LLC increased its holdings in Sprinklr by 563.7% in the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after buying an additional 3,771 shares during the last quarter. Summit Securities Group LLC raised its stake in Sprinklr by 210.8% in the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock valued at $27,000 after buying an additional 3,101 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in Sprinklr during the 4th quarter worth about $38,000. Institutional investors and hedge funds 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.