Sprinklr, Inc. (NYSE:CXM – Get Free Report)’s share price hit a new 52-week low during trading on Friday after an insider sold shares in the company. The stock traded as low as $6.73 and last traded at $6.7250, with a volume of 317184 shares. The stock had previously closed at $6.96.
Specifically, General Counsel Jacob Scott sold 21,665 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $7.12, for a total transaction of $154,254.80. Following the sale, the general counsel directly owned 404,723 shares of the company’s stock, valued at approximately $2,881,627.76. This represents a 5.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rory P. Read sold 138,505 shares of Sprinklr stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $7.13, for a total transaction of $987,540.65. Following the completion of the transaction, the chief executive officer directly owned 1,672,108 shares of the company’s stock, valued at $11,922,130.04. This trade represents a 7.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on CXM shares. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 target price on shares of Sprinklr in a report on Thursday, December 4th. Wall Street Zen cut Sprinklr from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Citigroup restated a “market outperform” rating on shares of Sprinklr in a research report on Friday. DA Davidson restated a “neutral” rating and set a $9.00 price objective on shares of Sprinklr in a research note on Thursday, December 4th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $8.00 target price on shares of Sprinklr in a research note on Wednesday, December 3rd. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $9.89.
Sprinklr Stock Performance
The stock’s fifty day simple moving average is $7.52 and its two-hundred day simple moving average is $7.96. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 15.79 and a beta of 0.77.
Sprinklr (NYSE:CXM – Get Free Report) last released its earnings results on Wednesday, December 3rd. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. Sprinklr had a net margin of 13.42% and a return on equity of 8.03%. The business had revenue of $219.07 million for the quarter, compared to the consensus estimate of $209.56 million. During the same period in the previous year, the firm earned $0.10 EPS. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. On average, equities analysts anticipate that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.
Institutional Investors Weigh In On Sprinklr
Several large investors have recently modified their holdings of the stock. SG Americas Securities LLC raised its position in shares of Sprinklr by 11,204.2% during the fourth quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock worth $35,250,000 after purchasing an additional 4,490,746 shares during the period. Vanguard Group Inc. increased its stake in Sprinklr by 20.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after purchasing an additional 2,966,556 shares in the last quarter. Sea Cliff Partners Management LP raised its holdings in Sprinklr by 1,174.6% during the 2nd quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock worth $18,331,000 after buying an additional 1,996,792 shares during the period. Norges Bank purchased a new stake in Sprinklr during the second quarter valued at about $10,310,000. Finally, Jefferies Financial Group Inc. lifted its stake in Sprinklr by 31.6% during the second quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company’s stock valued at $39,610,000 after buying an additional 1,125,000 shares in the last quarter. 40.19% of the stock is owned by institutional investors.
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.
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