Insider Selling: Sprinklr (NYSE:CXM) Insider Sells 27,277 Shares of Stock

Sprinklr, Inc. (NYSE:CXMGet Free Report) insider Sanjay Macwan sold 27,277 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total value of $144,568.10. Following the transaction, the insider owned 552,933 shares of the company’s stock, valued at $2,930,544.90. This represents a 4.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Performance

Shares of NYSE CXM traded down $0.07 during midday trading on Thursday, reaching $5.05. 8,248,694 shares of the company traded hands, compared to its average volume of 3,423,870. Sprinklr, Inc. has a 12 month low of $4.72 and a 12 month high of $9.40. The stock’s 50-day simple moving average is $5.31 and its 200-day simple moving average is $6.16. The firm has a market cap of $1.18 billion, a PE ratio of 42.12 and a beta of 0.59.

Sprinklr (NYSE:CXMGet Free Report) last posted its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The business 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%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 EPS. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. On average, equities research analysts expect that Sprinklr, Inc. will post 0.23 EPS for the current year.

Hedge Funds Weigh In On Sprinklr

Institutional investors have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd lifted its position in shares of Sprinklr by 148.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after purchasing an additional 1,940 shares in the last quarter. Larson Financial Group LLC increased its holdings 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 valued at $32,000 after purchasing an additional 4,143 shares in the last quarter. Essential Partners LLC increased its holdings in shares of Sprinklr by 563.7% in 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 in the last quarter. Summit Securities Group LLC raised its position in Sprinklr by 210.8% in the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after purchasing an additional 3,101 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in Sprinklr in the 4th quarter worth approximately $38,000. 40.19% of the stock is owned by institutional investors.

Key Headlines Impacting Sprinklr

Here are the key news stories impacting Sprinklr this week:

  • Positive Sentiment: Sprinklr recently reported quarterly earnings of $0.11 per share, topping analyst expectations of $0.10, and revenue of $219.48 million also came in above estimates. The company said quarterly revenue rose 6.8% year over year, which supports the longer-term business outlook.
  • Neutral Sentiment: ResultsCX, a customer experience management peer, announced Great Place To Work certification across eight countries. This is not a direct update on Sprinklr, but it highlights continued activity and recognition in the broader CXM sector.
  • Negative Sentiment: Multiple Sprinklr insiders, including CEO Rory P. Read, CTO Amitabh Misra, General Counsel Jacob Scott, and directors/executives Karthik Suri, Joy Corso, Sanjay Macwan, and Ragy Thomas, sold shares in recent filings. While the company said the sales were mainly tied to tax withholding from vested equity awards and some were executed under 10b5-1 plans, the cluster of sales can still weigh on investor sentiment. CEO insider filing
  • Negative Sentiment: A shareholder class action notice from Robbins LLP suggests continued legal overhang for Sprinklr, which may add to pressure on the stock. Class action notice

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on CXM shares. Citizens Jmp cut their target price on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a research note on Thursday, March 12th. Citigroup decreased their price target on Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Weiss Ratings cut Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. DA Davidson cut their price objective on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Finally, Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $7.79.

Check Out Our Latest Stock Report on CXM

About Sprinklr

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Sprinklr (NYSE:CXM)

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