Sprinklr (NYSE:CXM) CTO Amitabh Misra Sells 34,189 Shares

Sprinklr, Inc. (NYSE:CXMGet Free Report) CTO Amitabh Misra sold 34,189 shares of Sprinklr stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $5.85, for a total transaction 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 trade represents a 3.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Sprinklr Stock Performance

Shares of NYSE CXM traded up $0.25 during midday trading on Tuesday, hitting $5.99. 4,233,434 shares of the stock traded hands, compared to its average volume of 2,675,674. The firm has a market capitalization of $1.48 billion, a P/E ratio of 66.51 and a beta of 0.78. Sprinklr, Inc. has a one year low of $5.12 and a one year high of $9.40. The firm has a 50-day moving average of $6.21 and a two-hundred day moving average of $7.16.

Sprinklr (NYSE:CXMGet Free Report) last posted its earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The company had revenue of $220.59 million for 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%.Sprinklr’s revenue was up 8.9% on a year-over-year basis. During the same quarter 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. Equities analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CXM. Citizens Jmp cut their price objective on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, March 12th. Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $8.00 target price on shares of Sprinklr in a research note on Wednesday, December 3rd. Morgan Stanley decreased their price target on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Weiss Ratings cut Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, February 26th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Sprinklr currently has an average rating of “Reduce” and an average price target of $8.31.

View Our Latest Analysis on Sprinklr

Institutional Investors Weigh In On Sprinklr

A number of hedge funds have recently bought and sold shares of CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Sprinklr by 2.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after buying an additional 2,478 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Sprinklr by 4.6% in the 1st quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after acquiring an additional 25,609 shares during the last quarter. Caxton Associates LLP purchased a new position in Sprinklr in the first quarter worth about $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Sprinklr by 4.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock worth $2,177,000 after acquiring an additional 10,136 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Sprinklr by 20.6% during the second quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company’s stock valued at $67,000 after purchasing an additional 1,347 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Sprinklr Company Profile

(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.

Further Reading

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

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