Sprinklr (NYSE:CXM) Shares Up 5.9% – Here’s Why

Shares of Sprinklr, Inc. (NYSE:CXM) were up 5.9% during mid-day trading on Monday . The company traded as high as $5.79 and last traded at $5.8050. 968,151 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 3,436,653 shares. The stock had previously closed at $5.48.

Analyst Upgrades and Downgrades

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

Sprinklr Price Performance

The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 47.24 and a beta of 0.60. The business’s 50-day moving average price is $5.30 and its two-hundred day moving average price is $5.83.

Sprinklr (NYSE:CXM) last announced its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $219.48 million for the quarter, compared to analyst estimates of $215.89 million. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. Sprinklr’s revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.12 earnings per share. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. As a group, sell-side analysts forecast that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Insider Buying and Selling at Sprinklr

In related news, CEO Rory P. Read sold 143,654 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total value of $761,366.20. Following the completion of the transaction, the chief executive officer directly owned 3,419,190 shares in the company, valued at approximately $18,121,707. This represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Karthik Suri sold 41,852 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $5.14, for a total value of $215,119.28. Following the transaction, the insider owned 1,111,472 shares in the company, valued at $5,712,966.08. This trade represents a 3.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 324,295 shares of company stock valued at $1,711,168. 25.18% of the stock is currently owned by insiders.

Institutional Trading of Sprinklr

A number of hedge funds have recently added to or reduced their stakes in CXM. Aster Capital Management DIFC Ltd increased its stake in shares of Sprinklr by 148.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after acquiring an additional 1,940 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of Sprinklr by 24,370.6% in the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock worth $32,000 after acquiring an additional 4,143 shares during the last quarter. Essential Partners LLC boosted its position in shares of Sprinklr by 563.7% in the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock worth $27,000 after acquiring an additional 3,771 shares during the last quarter. Summit Securities Group LLC grew its holdings in Sprinklr by 210.8% in the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock valued at $27,000 after purchasing an additional 3,101 shares during the period. Finally, Empowered Funds LLC purchased a new stake in Sprinklr in the fourth quarter valued at approximately $38,000. 40.19% of the stock is owned by institutional investors and hedge funds.

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.