Sprinklr (NYSE:CXM) CTO Amitabh Misra Sells 29,180 Shares

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 29,180 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $154,654.00. Following the completion of the transaction, the chief technology officer directly owned 854,779 shares of the company’s stock, valued at approximately $4,530,328.70. The trade was a 3.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Trading Down 1.3%

Sprinklr stock opened at $5.05 on Friday. The company has a market capitalization of $1.18 billion, a PE ratio of 42.12 and a beta of 0.59. Sprinklr, Inc. has a 12 month low of $4.72 and a 12 month high of $9.40. The stock has a 50-day moving average price of $5.30 and a two-hundred day moving average price of $6.14.

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

Analysts Set New Price Targets

CXM has been the topic of several recent research reports. Morgan Stanley cut their target price on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a report on Monday, March 16th. Weiss Ratings cut Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 30th. Citizens Jmp lowered their price objective on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a research report on Thursday, March 12th. DA Davidson cut their price objective on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Finally, Rosenblatt Securities reduced their target price on Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a report on Thursday, June 4th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Sprinklr has an average rating of “Hold” and a consensus price target of $7.79.

More Sprinklr News

Here are the key news stories impacting Sprinklr this week:

• Negative Sentiment: CEO Rory Read sold 143,654 shares at an average price of $5.30, trimming his stake by about 4%. While the company says the sale was to cover tax withholding tied to equity vesting, the size of the transaction may still weigh on investor sentiment. Article Title
• Negative Sentiment: Several other executives and directors also sold shares recently, including the general counsel, CTO, chief product/security executive, and a director, reinforcing concerns about insider confidence even though the sales were largely tied to tax obligations and pre-arranged trading plans.
• Positive Sentiment: Sprinklr’s latest quarterly results were solid, with EPS of $0.11 beating estimates and revenue of $219.48 million topping expectations, which supports the company’s fundamental outlook.
• Neutral Sentiment: Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $7.79. Recent target cuts from some firms offset a few positive rating changes, leaving the Street outlook balanced rather than strongly bullish or bearish.
• Negative Sentiment: A shareholder notice related to a class action lawsuit continues to create a legal overhang that could dampen sentiment in the near term. Article Title

Institutional Trading of Sprinklr

A number of large investors have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd raised its position in shares of Sprinklr by 148.9% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after acquiring an additional 1,940 shares in the last quarter. Summit Securities Group LLC boosted its position in shares of Sprinklr by 210.8% during the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock valued at $27,000 after purchasing an additional 3,101 shares in the last quarter. Essential Partners LLC boosted its position in shares of Sprinklr by 563.7% during the 1st quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after purchasing an additional 3,771 shares in the last quarter. Larson Financial Group LLC grew its stake in Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock worth $32,000 after purchasing an additional 4,143 shares during the period. Finally, Empowered Funds LLC acquired a new stake in Sprinklr during the fourth quarter worth approximately $38,000. 40.19% of the stock is currently owned by institutional investors and hedge funds.

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.