Insider Selling: Sprinklr (NYSE:CXM) General Counsel Sells $13,538.28 in Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 2,724 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $4.97, for a total transaction of $13,538.28. Following the completion of the sale, the general counsel directly owned 648,412 shares of the company’s stock, valued at approximately $3,222,607.64. The trade was a 0.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jacob Scott also recently made the following trade(s):

• On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The stock was sold at an average price of $5.30, for a total transaction of $86,814.00.

Sprinklr Stock Up 4.8%

Shares of Sprinklr stock opened at $5.14 on Friday. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $9.40. The company has a 50-day simple moving average of $5.24 and a two-hundred day simple moving average of $6.04. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 42.88 and a beta of 0.59.

Sprinklr (NYSE:CXM) last posted its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The firm had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. During the same quarter in the previous year, the firm posted $0.12 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. On average, sell-side analysts anticipate that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Institutional Trading of Sprinklr

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Sprinklr by 20.3% during the third quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock valued at $135,653,000 after purchasing an additional 2,966,556 shares in the last quarter. SG Americas Securities LLC lifted its stake in 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. Morgan Stanley boosted its holdings in shares of Sprinklr by 3.5% in the 4th quarter. Morgan Stanley now owns 7,568,609 shares of the company’s stock valued at $58,884,000 after purchasing an additional 252,552 shares in the last quarter. Jefferies Financial Group Inc. boosted its holdings in shares of Sprinklr by 19.4% in the 4th 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 in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Sprinklr by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 2,722,671 shares of the company’s stock valued at $21,187,000 after purchasing an additional 21,321 shares during the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Wall Street Analyst Weigh In

CXM has been the topic of a number of analyst reports. Citigroup reduced their price target on Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Rosenblatt Securities dropped their price objective on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th. Morgan Stanley cut their target price on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research report on Monday, March 16th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, DA Davidson decreased their price target on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $7.79.

Sprinklr Company Profile

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.