Sprinklr (NYSE:CXM) Shares Down 6.2% – Time to Sell?

Sprinklr, Inc. (NYSE:CXM)’s share price fell 6.2% on Tuesday . The stock traded as low as $5.53 and last traded at $5.5450. 738,216 shares were traded during mid-day trading, a decline of 79% from the average session volume of 3,456,252 shares. The stock had previously closed at $5.91.

Wall Street Analyst Weigh In

CXM has been the topic of several recent analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $8.50 price target on shares of Sprinklr in a research note on Thursday, September 3rd. Cantor Fitzgerald reissued a “neutral” rating on shares of Sprinklr in a research report on Thursday, September 3rd. Morgan Stanley boosted their price objective 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 report on Wednesday, August 5th. Finally, UBS Group set a $7.50 target price on shares of Sprinklr in a research note on Thursday, September 3rd. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $8.21.

Sprinklr Price Performance

The firm has a market cap of $1.25 billion, a PE ratio of 53.26 and a beta of 0.65. The company’s 50 day moving average price is $6.40 and its 200 day moving average price is $5.80.

Sprinklr (NYSE:CXM) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported $0.11 EPS 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 company had revenue of $213.74 million during the quarter, compared to analysts’ expectations of $214.45 million. During the same quarter last year, the company posted $0.13 EPS. The firm’s revenue was up .8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. Sell-side analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Insider Transactions at Sprinklr

In other news, insider Karthik Suri sold 41,852 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $5.14, for a total transaction of $215,119.28. Following the completion of the sale, the insider owned 1,111,472 shares in the company, valued at approximately $5,712,966.08. The trade was a 3.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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. Also, insider Joy Corso sold 33,635 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $178,265.50. Following the completion of the sale, the insider directly owned 1,175,616 shares of the company’s stock, valued at approximately $6,230,764.80. This trade represents a 2.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 395,880 shares of company stock valued at $2,210,116 over the last ninety days. Company insiders own 25.18% of the company’s stock.

Institutional Trading of Sprinklr

Several institutional investors and hedge funds have recently bought and sold shares of CXM. Aster Capital Management DIFC Ltd lifted its position in Sprinklr by 148.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after acquiring an additional 1,940 shares during the period. Cresset Asset Management LLC raised its holdings in shares of Sprinklr by 7.6% in the third quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock worth $237,000 after acquiring an additional 2,169 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Sprinklr by 42.6% during the first quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock valued at $44,000 after buying an additional 2,171 shares during the period. Franklin Resources Inc. increased its stake in Sprinklr by 2.5% in the fourth quarter. Franklin Resources Inc. now owns 91,012 shares of the company’s stock valued at $708,000 after purchasing an additional 2,232 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in Sprinklr by 2.8% during the second quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company’s stock worth $714,000 after purchasing an additional 2,274 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

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.