Sanjay Macwan Sells 6,936 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) insider Sanjay Macwan sold 6,936 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total transaction of $38,494.80. Following the completion of the transaction, the insider directly owned 545,997 shares of the company’s stock, valued at approximately $3,030,283.35. The trade was a 1.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Price Performance

NYSE:CXM traded up $0.04 on Thursday, hitting $5.62. 2,824,332 shares of the company’s stock were exchanged, compared to its average volume of 3,465,094. The firm has a 50-day moving average price of $6.42 and a 200-day moving average price of $5.81. Sprinklr, Inc. has a 52 week low of $4.72 and a 52 week high of $8.27. The company has a market cap of $1.31 billion, a P/E ratio of 56.26 and a beta of 0.65.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.The firm had revenue of $213.74 million for the quarter, compared to analyst estimates of $214.45 million. During the same quarter in the prior year, the company earned $0.13 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. On average, research analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CXM shares. Cantor Fitzgerald reiterated a “neutral” rating on shares of Sprinklr in a research report on Thursday, September 3rd. DA Davidson boosted their price target on Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Morgan Stanley upped their price objective on shares of Sprinklr from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $8.50 price objective on shares of Sprinklr in a research note on Thursday, September 3rd. Finally, Citigroup reissued a “market outperform” rating on shares of Sprinklr in a report on Monday. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $8.21.

Trending Headlines about Sprinklr

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Sprinklr’s earnings call highlighted continued momentum in artificial-intelligence-related products, a potential growth catalyst as the company seeks to expand customer adoption and improve its competitive position. Sprinklr Earnings Call: AI Momentum Amid Services Drag
• Neutral Sentiment: The latest results were mixed: adjusted earnings of $0.11 per share exceeded the $0.10 consensus estimate, while revenue of $213.7 million was slightly below expectations and increased only 0.8% year over year. The call also pointed to a drag from services, tempering the positive AI narrative.
• Negative Sentiment: Several senior Sprinklr executives and directors sold a combined 288,134 shares worth approximately $1.6 million, including CEO Rory Read’s sale of 145,865 shares. The transactions reduced their holdings, but each filing stated that the shares were sold to cover tax obligations from vested equity awards; CTO Amitabh Misra’s sales were also made under a Rule 10b5-1 plan. Consequently, the activity may weigh on sentiment but is not necessarily a discretionary bearish bet. SEC Insider Transaction Filing

Institutional Investors Weigh In On Sprinklr

Institutional investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC increased its stake in shares of Sprinklr by 44.2% in the second quarter. Sequoia Financial Advisors LLC now owns 27,151 shares of the company’s stock valued at $140,000 after buying an additional 8,322 shares during the period. Engineers Gate Manager LP acquired a new position in shares of Sprinklr in the second quarter worth approximately $645,000. Integrated Wealth Concepts LLC acquired a new position in shares of Sprinklr in the second quarter worth approximately $31,000. Compass Financial Management LLC bought a new stake in Sprinklr in the second quarter valued at approximately $52,000. Finally, Syon Capital LLC bought a new stake in Sprinklr in the second quarter valued at approximately $131,000. 40.19% of the stock is owned by institutional investors.

About Sprinklr

Sprinklr, Inc (NYSE:CXM) provides an enterprise software platform designed to help organizations manage customer experiences across digital and traditional channels. Its cloud-based Unified Customer Experience Management platform brings together customer-facing functions, data and workflows in a centralized environment.

The company’s products support customer service and contact-center operations, social media management, digital marketing, advertising, customer insights and social listening.