Sanjay Macwan Sells 6,936 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) insider Sanjay Macwan sold 6,936 shares of the business’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total value of $38,494.80. Following the completion of the transaction, the insider directly owned 545,997 shares of the company’s stock, valued at approximately $3,030,283.35. This trade represents a 1.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Down 5.4%

Shares of NYSE CXM opened at $5.32 on Friday. The firm’s 50-day moving average price is $6.42 and its 200-day moving average price is $5.80. The company has a market cap of $1.23 billion, a PE ratio of 53.16 and a beta of 0.65. Sprinklr, Inc. has a 52-week low of $4.72 and a 52-week high of $8.27.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Sprinklr had a net margin of 2.65% and a return on equity of 7.21%. The firm had revenue of $213.74 million during the quarter, compared to analysts’ expectations of $214.45 million. During the same period in the previous year, the company earned $0.13 earnings per share. The firm’s quarterly revenue was up .8% on a year-over-year basis. 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, equities research analysts anticipate that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Sprinklr

Institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC raised its position in shares of Sprinklr by 84.9% during the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock valued at $50,265,000 after buying an additional 3,846,652 shares during the last quarter. Private Management Group Inc. boosted its position in shares of Sprinklr by 1,249.3% during the fourth quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock worth $18,768,000 after acquiring an additional 2,233,542 shares during the last quarter. Jefferies Financial Group Inc. grew its stake in Sprinklr by 19.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock valued at $43,490,000 after acquiring an additional 908,002 shares in the last quarter. Jupiter Asset Management Ltd. increased its holdings in Sprinklr by 366.0% in the 4th quarter. Jupiter Asset Management Ltd. now owns 705,339 shares of the company’s stock valued at $5,488,000 after acquiring an additional 553,985 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Sprinklr by 19.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock worth $15,891,000 after purchasing an additional 438,083 shares in the last quarter. 40.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on CXM shares. Citigroup reaffirmed a “market outperform” rating on shares of Sprinklr in a report on Monday. Cantor Fitzgerald reissued a “neutral” rating on shares of Sprinklr in a report on Thursday, September 3rd. Rosenblatt Securities reissued a “buy” rating and issued a $8.50 target price on shares of Sprinklr in a research report on Thursday, September 3rd. DA Davidson upped their price target on shares of Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Finally, Weiss Ratings upgraded shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Sprinklr has an average rating of “Hold” and an average price target of $8.21.

Key Stories Impacting Sprinklr

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Recent institutional activity included new positions and increased holdings from several investment firms. About 40.19% of Sprinklr’s shares are held by hedge funds and other institutional investors, providing some indication of continued institutional interest.
• Positive Sentiment: Sprinklr’s latest quarterly EPS of $0.11 exceeded analysts’ $0.10 estimate. Management has also highlighted momentum in its artificial-intelligence offerings, while some analysts remain bullish; Rosenblatt Securities has an $8.50 price target and the consensus target is $8.21.
• Neutral Sentiment: CEO Rory Read, CTO Amitabh Misra, General Counsel Jacob Scott, Director Ragy Thomas and another insider sold approximately $1.6 million of shares in transactions conducted around $5.55 per share. The filings state that the sales covered tax obligations related to equity-award vesting; Misra’s transactions were also made under a pre-arranged Rule 10b5-1 plan. The insiders continued to hold substantial positions after the sales. Sprinklr insider selling report
• Negative Sentiment: Revenue rose only 0.8% year over year to $213.74 million and came in slightly below expectations. EPS declined from $0.13 in the comparable period to $0.11, while services remained a drag. Investors may remain cautious until AI-related demand produces faster revenue growth.

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.