Sprinklr, Inc. (NYSE:CXM – Get Free Report) insider Joy Corso sold 34,153 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $5.55, for a total transaction of $189,549.15. Following the sale, the insider directly owned 1,141,463 shares of the company’s stock, valued at approximately $6,335,119.65. This represents a 2.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Sprinklr Price Performance
Shares of Sprinklr stock opened at $5.62 on Friday. The company’s fifty day simple moving average is $6.42 and its 200-day simple moving average is $5.80. The stock has a market capitalization of $1.31 billion, a PE ratio of 56.26 and a beta of 0.65. Sprinklr, Inc. has a 1-year low of $4.72 and a 1-year high of $8.27.
Sprinklr (NYSE:CXM – Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $213.74 million during the quarter, compared to analyst estimates of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.Sprinklr’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the business posted $0.13 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. As a group, research analysts anticipate that Sprinklr, Inc. will post 0.23 EPS for the current year.
Hedge Funds Weigh In On Sprinklr
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on CXM. DA Davidson lifted their price objective on Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Wall Street Zen cut shares of Sprinklr from a “buy” rating to a “hold” rating in a research note on Saturday, September 5th. Morgan Stanley lifted their price target on shares of Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Thursday, September 3rd. Weiss Ratings raised shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Finally, Cantor Fitzgerald restated a “neutral” rating on shares of Sprinklr in a research report on Thursday, September 3rd. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $8.21.
Get Our Latest Research Report on Sprinklr
Key Headlines Impacting Sprinklr
Here are the key news stories impacting Sprinklr this week:
- Positive Sentiment: Sprinklr’s latest earnings call highlighted momentum in its AI offerings, providing a potential growth catalyst. The company also reported quarterly EPS of $0.11, slightly ahead of the $0.10 consensus estimate. Several analysts maintain positive views, including Rosenblatt Securities with an $8.50 price target, while the average analyst price target is $8.21. Sprinklr earnings call
- Neutral Sentiment: CEO Rory Read, CTO Amitabh Misra, General Counsel Jacob Scott, and other executives and directors sold shares totaling roughly $1.6 million. Misra separately sold 40,000 shares for $229,200 and 29,629 shares for $164,441. The filings state that the transactions covered tax-withholding obligations from vested equity awards; Misra’s sales were also made under a pre-arranged Rule 10b5-1 plan. The structured nature of the trades makes them less concerning than discretionary insider selling, although the number of transactions may affect investor sentiment. Sprinklr insider trading report
- Negative Sentiment: Revenue increased only 0.8% year over year to $213.74 million, slightly below analyst expectations, while services remained a drag on results. EPS also declined from $0.13 in the comparable quarter to $0.11. With the stock trading at a relatively high earnings multiple despite limited growth, investors may remain cautious until AI-driven demand produces stronger revenue acceleration. Sprinklr stock analysis
About Sprinklr
Sprinklr, Inc (NYSE:CXM) provides an enterprise software platform designed to help organizations manage customer experiences across digital and traditional channels. Its cloud-based Unified Customer Experience Management platform brings together customer-facing functions, data and workflows in a centralized environment.
The company’s products support customer service and contact-center operations, social media management, digital marketing, advertising, customer insights and social listening.
See Also
- Five stocks we like better than Sprinklr
- Aeluma’s Selloff Could Be Setting Up Its Next Big Move
- Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?
- The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
- The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
Receive News & Ratings for Sprinklr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprinklr and related companies with MarketBeat.com's FREE daily email newsletter.
