Sprinklr (NYSE:CXM) CTO Sells $70,790.22 in Stock

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 9,099 shares of Sprinklr stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total value of $70,790.22. Following the completion of the sale, the chief technology officer directly owned 584,627 shares of the company’s stock, valued at $4,548,398.06. This trade represents a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Sprinklr Price Performance

Shares of CXM stock traded up $0.03 on Wednesday, reaching $7.88. 1,974,637 shares of the stock were exchanged, compared to its average volume of 2,239,689. Sprinklr, Inc. has a one year low of $6.75 and a one year high of $9.69. The stock has a market cap of $1.94 billion, a PE ratio of 18.77 and a beta of 0.78. The stock has a 50 day moving average price of $7.55 and a 200 day moving average price of $8.09.

Sprinklr (NYSE:CXM) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. The firm had revenue of $219.07 million during the quarter, compared to analyst estimates of $209.56 million. Sprinklr had a return on equity of 8.03% and a net margin of 13.42%.The company’s revenue was up 9.2% on a year-over-year basis. During the same period last year, the company earned $0.10 earnings per share. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. On average, research analysts expect that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wall Street Zen lowered shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Barclays dropped their target price on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Wednesday, September 3rd. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 price target on shares of Sprinklr in a research note on Thursday, December 4th. Citigroup raised their price target on Sprinklr from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. Finally, Weiss Ratings downgraded Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, December 12th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $9.89.

Hedge Funds Weigh In On Sprinklr

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Sprinklr by 20.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock valued at $135,653,000 after buying an additional 2,966,556 shares during the period. Sea Cliff Partners Management LP lifted its holdings in Sprinklr by 1,174.6% during the second quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock worth $18,331,000 after acquiring an additional 1,996,792 shares in the last quarter. Norges Bank bought a new position in Sprinklr during the second quarter worth about $10,310,000. Jefferies Financial Group Inc. grew its stake in Sprinklr by 31.6% in the second quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company’s stock valued at $39,610,000 after acquiring an additional 1,125,000 shares during the period. Finally, Hillsdale Investment Management Inc. bought a new stake in shares of Sprinklr in the third quarter worth about $6,997,000. 40.19% of the stock is owned by institutional investors.

About Sprinklr

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.