Sprinklr (NYSE:CXM) CTO Amitabh Misra Sells 34,189 Shares

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 34,189 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $5.85, for a total transaction of $200,005.65. Following the sale, the chief technology officer owned 970,753 shares in the company, valued at approximately $5,678,905.05. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Sprinklr Stock Up 4.3%

Shares of CXM stock opened at $5.99 on Wednesday. The firm has a 50 day moving average of $6.18 and a two-hundred day moving average of $7.14. The stock has a market capitalization of $1.48 billion, a PE ratio of 66.51 and a beta of 0.78. Sprinklr, Inc. has a 52 week low of $5.12 and a 52 week high of $9.40.

Sprinklr (NYSE:CXM) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The business had revenue of $220.59 million for the quarter, compared to analyst estimates of $216.93 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The company’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.10 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. Analysts expect that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $8.00 price target on shares of Sprinklr in a research report on Wednesday, December 3rd. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday. DA Davidson cut their target price on shares of Sprinklr from $9.00 to $6.50 and set a “neutral” rating on the stock in a research note on Thursday, March 12th. Morgan Stanley reduced their target price on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a report on Monday. Finally, Citizens Jmp lowered their price target on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $8.31.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Corient Private Wealth LLC increased its holdings in shares of Sprinklr by 79.3% in the 4th quarter. Corient Private Wealth LLC now owns 46,394 shares of the company’s stock valued at $361,000 after acquiring an additional 20,523 shares during the last quarter. Hsbc Holdings PLC lifted its stake in Sprinklr by 90.8% during the fourth quarter. Hsbc Holdings PLC now owns 247,931 shares of the company’s stock worth $1,940,000 after purchasing an additional 117,991 shares during the last quarter. Invesco Ltd. lifted its stake in Sprinklr by 19.8% during the fourth quarter. Invesco Ltd. now owns 735,924 shares of the company’s stock worth $5,725,000 after purchasing an additional 121,501 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in Sprinklr in the fourth quarter valued at approximately $93,000. Finally, Caitlin John LLC acquired a new position in Sprinklr in the fourth quarter valued at approximately $295,000. 40.19% of the stock is owned by institutional investors and hedge funds.

About Sprinklr

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.