Amitabh Misra Sells 29,629 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 29,629 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total value of $164,440.95. Following the sale, the chief technology officer directly owned 785,150 shares in the company, valued at $4,357,582.50. The trade was a 3.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amitabh Misra also recently made the following trade(s):

• On Tuesday, September 15th, Amitabh Misra sold 40,000 shares of Sprinklr stock. The shares were sold at an average price of $5.73, for a total value of $229,200.00.

Sprinklr Price Performance

NYSE:CXM opened at $5.32 on Friday. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 53.16 and a beta of 0.65. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $8.27. The business has a 50 day simple moving average of $6.42 and a 200-day simple moving average of $5.80.

Sprinklr (NYSE:CXM) last announced its earnings results on Wednesday, September 2nd. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $213.74 million during the quarter, compared to analysts’ expectations of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.The company’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the business earned $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, analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Citigroup reiterated a “market outperform” rating on shares of Sprinklr in a research report on Monday. Morgan Stanley raised their target price on shares of Sprinklr from $7.00 to $8.00 and gave the stock an “equal weight” rating in a 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. Weiss Ratings upgraded shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Finally, DA Davidson increased their price objective on shares of Sprinklr from $6.00 to $6.50 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $8.21.

Institutional Trading of Sprinklr

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC lifted its position in shares of Sprinklr by 84.9% during 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. boosted its stake in shares of Sprinklr by 19.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock valued at $43,490,000 after purchasing an additional 908,002 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Sprinklr by 19.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock worth $15,891,000 after purchasing 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 worth $18,768,000 after purchasing an additional 2,233,542 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Sprinklr by 3.9% in the 1st quarter. Bank of America Corp DE now owns 1,680,846 shares of the company’s stock worth $10,085,000 after buying an additional 62,604 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Sprinklr News Summary

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Recent institutional activity included new positions and increased holdings from several investment firms. About 40.19% of Sprinklr’s shares are held by hedge funds and other institutional investors, providing some indication of continued institutional interest.
• Positive Sentiment: Sprinklr’s latest quarterly EPS of $0.11 exceeded analysts’ $0.10 estimate. Management has also highlighted momentum in its artificial-intelligence offerings, while some analysts remain bullish; Rosenblatt Securities has an $8.50 price target and the consensus target is $8.21.
• Neutral Sentiment: CEO Rory Read, CTO Amitabh Misra, General Counsel Jacob Scott, Director Ragy Thomas and another insider sold approximately $1.6 million of shares in transactions conducted around $5.55 per share. The filings state that the sales covered tax obligations related to equity-award vesting; Misra’s transactions were also made under a pre-arranged Rule 10b5-1 plan. The insiders continued to hold substantial positions after the sales. Sprinklr insider selling report
• Negative Sentiment: Revenue rose only 0.8% year over year to $213.74 million and came in slightly below expectations. EPS declined from $0.13 in the comparable period to $0.11, while services remained a drag. Investors may remain cautious until AI-related demand produces faster revenue growth.

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.