Sprinklr (NYSE:CXM) Stock: Insider Jacob Scott Sells 16,407 Shares

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 16,407 shares of the company’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $6.97, for a total value of $114,356.79. Following the sale, the general counsel owned 534,326 shares of the company’s stock, valued at $3,724,252.22. This represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jacob Scott also recently made the following trade(s):

• On Wednesday, September 16th, Jacob Scott sold 26,094 shares of Sprinklr stock. The stock was sold at an average price of $5.55, for a total value of $144,821.70.
• On Monday, August 10th, Jacob Scott sold 71,585 shares of Sprinklr stock. The shares were sold at an average price of $6.97, for a total value of $498,947.45.

Sprinklr Stock Performance

Shares of NYSE:CXM opened at $6.84 on Friday. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $8.27. The stock has a market capitalization of $1.59 billion, a P/E ratio of 68.46 and a beta of 0.67. The stock has a 50-day simple moving average of $6.02 and a 200-day simple moving average of $5.85.

Sprinklr (NYSE:CXM) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The firm had revenue of $213.74 million during the quarter, compared to the consensus estimate of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.13 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. Analysts predict that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. DA Davidson upped their target price on shares of Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research note on Monday, October 19th. Citizens Jmp reiterated a “market outperform” rating and issued a $11.00 price target on shares of Sprinklr in a research note on Monday, September 21st. Cantor Fitzgerald reissued a “neutral” rating on shares of Sprinklr in a report on Thursday, September 3rd. Finally, Citigroup restated a “market outperform” rating on shares of Sprinklr in a research note on Monday, September 14th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $8.21.

Hedge Funds Weigh In On Sprinklr

Large investors have recently added to or reduced their stakes in the company. Pinnacle Wealth Planning Services Inc. boosted its stake in Sprinklr by 87.5% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 5,133 shares of the company’s stock valued at $25,000 after acquiring an additional 2,396 shares during the period. Summit Securities Group LLC grew its holdings in shares of Sprinklr by 210.8% during 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 last quarter. Essential Partners LLC grew its holdings in shares of Sprinklr by 563.7% during the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after purchasing an additional 3,771 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Sprinklr during the second quarter valued at approximately $31,000. Finally, Optiver Holding B.V. grew its holdings in shares of Sprinklr by 3,311.2% during the first quarter. Optiver Holding B.V. now owns 6,993 shares of the company’s stock valued at $42,000 after purchasing an additional 6,788 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors.

About Sprinklr

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