Sprinklr (NYSE:CXM) Insider Joy Corso Sells 34,153 Shares

Sprinklr, Inc. (NYSE:CXMGet Free Report) insider Joy Corso sold 34,153 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $5.55, for a total transaction of $189,549.15. Following the sale, the insider directly owned 1,141,463 shares of the company’s stock, valued at approximately $6,335,119.65. This represents a 2.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Price Performance

Shares of Sprinklr stock opened at $5.62 on Friday. The company’s fifty day simple moving average is $6.42 and its 200-day simple moving average is $5.80. The stock has a market capitalization of $1.31 billion, a PE ratio of 56.26 and a beta of 0.65. Sprinklr, Inc. has a 1-year low of $4.72 and a 1-year high of $8.27.

Sprinklr (NYSE:CXMGet Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $213.74 million during the quarter, compared to analyst estimates of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.Sprinklr’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the business posted $0.13 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. As a group, research analysts anticipate that Sprinklr, Inc. will post 0.23 EPS for the current year.

Hedge Funds Weigh In On Sprinklr

Several institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC increased its holdings in shares of Sprinklr by 84.9% in the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock worth $50,265,000 after purchasing an additional 3,846,652 shares during the last quarter. Jefferies Financial Group Inc. raised its holdings in shares of Sprinklr by 19.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock worth $43,490,000 after acquiring an additional 908,002 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Sprinklr by 19.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock valued at $15,891,000 after acquiring an additional 438,083 shares during the last quarter. Private Management Group Inc. grew 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 purchasing an additional 2,233,542 shares in the last quarter. Finally, Bank of America Corp DE increased its position in Sprinklr by 3.9% in the first quarter. Bank of America Corp DE now owns 1,680,846 shares of the company’s stock worth $10,085,000 after purchasing an additional 62,604 shares during the last quarter. 40.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CXM. DA Davidson lifted their price objective on Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Wall Street Zen cut shares of Sprinklr from a “buy” rating to a “hold” rating in a research note on Saturday, September 5th. Morgan Stanley lifted their price target on shares of Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Thursday, September 3rd. Weiss Ratings raised shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Finally, Cantor Fitzgerald restated a “neutral” rating on shares of Sprinklr in a research report on Thursday, September 3rd. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $8.21.

Get Our Latest Research Report on Sprinklr

Key Headlines Impacting Sprinklr

Here are the key news stories impacting Sprinklr this week:

  • Positive Sentiment: Sprinklr’s latest earnings call highlighted momentum in its AI offerings, providing a potential growth catalyst. The company also reported quarterly EPS of $0.11, slightly ahead of the $0.10 consensus estimate. Several analysts maintain positive views, including Rosenblatt Securities with an $8.50 price target, while the average analyst price target is $8.21. Sprinklr earnings call
  • Neutral Sentiment: CEO Rory Read, CTO Amitabh Misra, General Counsel Jacob Scott, and other executives and directors sold shares totaling roughly $1.6 million. Misra separately sold 40,000 shares for $229,200 and 29,629 shares for $164,441. The filings state that the transactions covered tax-withholding obligations from vested equity awards; Misra’s sales were also made under a pre-arranged Rule 10b5-1 plan. The structured nature of the trades makes them less concerning than discretionary insider selling, although the number of transactions may affect investor sentiment. Sprinklr insider trading report
  • Negative Sentiment: Revenue increased only 0.8% year over year to $213.74 million, slightly below analyst expectations, while services remained a drag on results. EPS also declined from $0.13 in the comparable quarter to $0.11. With the stock trading at a relatively high earnings multiple despite limited growth, investors may remain cautious until AI-driven demand produces stronger revenue acceleration. Sprinklr stock analysis

About Sprinklr

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Sprinklr (NYSE:CXM)

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