Sprinklr (NYSE:CXM) Hits New 52-Week Low – Should You Sell?

Shares of Sprinklr, Inc. (NYSE:CXMGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as $5.10 and last traded at $5.1550, with a volume of 4311173 shares traded. The stock had previously closed at $5.33.

Analysts Set New Price Targets

CXM has been the subject of a number of research analyst reports. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Morgan Stanley lowered their price target on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, March 16th. Citizens Jmp lowered their price target on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, March 12th. DA Davidson lowered their price target on Sprinklr from $6.50 to $6.25 and set a “neutral” rating for the company in a report on Friday, April 17th. Finally, Weiss Ratings downgraded Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $8.28.

Check Out Our Latest Report on Sprinklr

Sprinklr Stock Down 7.7%

The stock has a fifty day moving average of $5.71 and a 200-day moving average of $6.76. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 53.73 and a beta of 0.73.

Sprinklr (NYSE:CXMGet Free Report) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $220.59 million during the quarter, compared to the consensus estimate of $216.93 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The company’s revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.10 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. On average, equities analysts forecast that Sprinklr, Inc. will post 0.22 EPS for the current fiscal year.

Insider Activity at Sprinklr

In other news, CTO Amitabh Misra sold 34,189 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $5.85, for a total value of $200,005.65. Following the completion of the sale, the chief technology officer directly owned 970,753 shares of the company’s stock, valued at approximately $5,678,905.05. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rory P. Read sold 87,795 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $6.00, for a total value of $526,770.00. Following the completion of the sale, the chief executive officer directly owned 1,506,270 shares of the company’s stock, valued at $9,037,620. The trade was a 5.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 201,081 shares of company stock valued at $1,203,287 over the last three months. Corporate insiders own 60.53% of the company’s stock.

Institutional Investors Weigh In On Sprinklr

Several large investors have recently modified their holdings of CXM. SG Americas Securities LLC boosted its holdings in shares of Sprinklr by 11,204.2% in the fourth quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock valued at $35,250,000 after acquiring an additional 4,490,746 shares during the period. Vanguard Group Inc. boosted 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 during the period. Private Management Group Inc. boosted its holdings in shares of Sprinklr by 1,249.3% in the fourth quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock valued at $18,768,000 after acquiring an additional 2,233,542 shares during the period. Sea Cliff Partners Management LP boosted its holdings in shares of Sprinklr by 1,174.6% in the second quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock valued at $18,331,000 after acquiring an additional 1,996,792 shares during the period. Finally, Norges Bank acquired a new stake in shares of Sprinklr during the fourth quarter worth $11,524,000. 40.19% of the stock is owned by institutional investors and hedge funds.

About Sprinklr

(Get Free Report)

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.

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