Sprinklr (NYSE:CXM) General Counsel Sells $498,947.45 in Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 71,585 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $6.97, for a total value of $498,947.45. Following the completion of the sale, the general counsel owned 576,827 shares in the company, valued at $4,020,484.19. The trade was a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 Monday, June 22nd, Jacob Scott sold 2,724 shares of Sprinklr stock. The shares were sold at an average price of $4.97, for a total transaction of $13,538.28.
• 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 Down 2.1%

CXM stock opened at $6.88 on Friday. Sprinklr, Inc. has a fifty-two week low of $4.72 and a fifty-two week high of $8.85. The firm’s 50-day simple moving average is $5.76 and its 200 day simple moving average is $5.68. The stock has a market cap of $1.61 billion, a PE ratio of 57.38 and a beta of 0.58.

Sprinklr (NYSE:CXM) last posted its earnings results 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 analyst estimates of $215.89 million. During the same period in the previous year, the business posted $0.12 EPS. Sprinklr’s revenue was up 6.8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Equities analysts forecast that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sprinklr by 2.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock valued at $988,000 after acquiring an additional 2,478 shares during the last quarter. Millennium Management LLC grew 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 worth $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 1st quarter worth about $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Sprinklr by 4.0% during the 1st 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 buying an additional 10,136 shares during the period. Finally, American Century Companies Inc. raised its holdings in Sprinklr by 166.9% during the 2nd quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock worth $1,453,000 after buying an additional 107,394 shares during the period. Institutional investors and hedge funds own 40.19% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Citigroup decreased their price objective on Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. DA Davidson cut their target price on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Rosenblatt Securities cut their target price on Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Finally, Weiss Ratings upgraded Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $7.79.

About Sprinklr

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.