Sprinklr (NYSE:CXM) CTO Amitabh Misra Sells 9,099 Shares

Sprinklr, Inc. (NYSE:CXMGet Free Report) CTO Amitabh Misra sold 9,099 shares of Sprinklr stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total transaction of $70,790.22. Following the completion of the sale, the chief technology officer owned 584,627 shares of the company’s stock, valued at $4,548,398.06. This trade represents a 1.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Sprinklr Trading Up 0.2%

Shares of NYSE:CXM traded up $0.01 on Thursday, reaching $7.87. 195,255 shares of the company’s stock were exchanged, compared to its average volume of 1,908,307. The company has a fifty day moving average of $7.55 and a 200-day moving average of $8.09. Sprinklr, Inc. has a twelve month low of $6.75 and a twelve month high of $9.69. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 18.63 and a beta of 0.78.

Sprinklr (NYSE:CXMGet Free Report) last issued its quarterly earnings results on Wednesday, December 3rd. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. Sprinklr had a return on equity of 8.03% and a net margin of 13.42%.The business had revenue of $219.07 million during the quarter, compared to analysts’ expectations of $209.56 million. During the same period in the previous year, the company posted $0.10 earnings per share. The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. As a group, equities research analysts forecast that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Weiss Ratings cut Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, December 12th. Barclays reduced their price objective on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Wednesday, September 3rd. Wall Street Zen cut shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Citigroup upped their price target on shares of Sprinklr from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Monday, December 8th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $12.00 price target on shares of Sprinklr in a research report on Thursday, December 4th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $9.89.

Read Our Latest Stock Analysis on Sprinklr

Institutional Trading of Sprinklr

A number of hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. increased its holdings in Sprinklr by 9.0% in the 1st quarter. Invesco Ltd. now owns 495,076 shares of the company’s stock worth $4,134,000 after purchasing an additional 40,701 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Sprinklr by 8.5% during the first quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company’s stock worth $121,065,000 after purchasing an additional 1,138,542 shares during the last quarter. Algert Global LLC bought a new stake in shares of Sprinklr during the first quarter worth about $708,000. Charles Schwab Investment Management Inc. increased its stake in shares of Sprinklr by 4.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,097,526 shares of the company’s stock valued at $9,164,000 after buying an additional 42,234 shares during the period. Finally, Nuveen LLC bought a new position in Sprinklr in the 1st quarter valued at approximately $4,341,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Company Profile

(Get Free Report)

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.

Further Reading

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

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