Sprinklr, Inc. (NYSE:CXM – Get Free Report) Director Stephen Ward, Jr. purchased 150,000 shares of Sprinklr stock in a transaction that occurred on Tuesday, October 13th. The shares were purchased at an average cost of $5.67 per share, with a total value of $850,500.00. Following the transaction, the director directly owned 237,088 shares of the company’s stock, valued at $1,344,288.96. This represents a 172.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.
Sprinklr Price Performance
NYSE CXM traded up $0.23 during mid-day trading on Thursday, reaching $5.86. The stock had a trading volume of 2,476,844 shares, compared to its average volume of 3,389,471. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $8.27. The stock has a market cap of $1.36 billion, a PE ratio of 58.56 and a beta of 0.77. The company has a fifty day moving average price of $6.15 and a 200 day moving average price of $5.72.
Sprinklr (NYSE:CXM – Get Free Report) last issued its 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 return on equity of 7.21% and a net margin of 2.65%. The business had revenue of $213.74 million for the quarter, compared to the consensus estimate of $214.45 million. During the same period last year, the business posted $0.13 EPS. The company’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. As a group, equities research analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current year.
Institutional Trading of Sprinklr
Several large investors have recently modified their holdings of the company. Essential Partners LLC grew its position in 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 buying an additional 3,771 shares during the period. Summit Securities Group LLC raised its position in Sprinklr by 210.8% in the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after acquiring an additional 3,101 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of Sprinklr during the 2nd quarter worth $31,000. Optiver Holding B.V. boosted its stake in shares of Sprinklr by 3,311.2% during the 1st quarter. Optiver Holding B.V. now owns 6,993 shares of the company’s stock worth $42,000 after acquiring an additional 6,788 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of Sprinklr by 42.6% during the 1st quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock worth $44,000 after acquiring an additional 2,171 shares during the last quarter. Institutional investors own 40.19% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on CXM. Citigroup reaffirmed a “market outperform” rating on shares of Sprinklr in a research report on Monday, September 14th. UBS Group set a $7.50 target price on Sprinklr in a research report on Thursday, September 3rd. Wall Street Zen downgraded shares of Sprinklr from a “buy” rating to a “hold” rating in a report on Sunday. Rosenblatt Securities reiterated a “buy” rating and issued a $8.50 price target on shares of Sprinklr in a research note on Thursday, September 3rd. Finally, Citizens Jmp reissued a “market outperform” rating and set a $11.00 price objective on shares of Sprinklr in a report on Monday, September 21st. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $8.21.
Read Our Latest Analysis on CXM
Sprinklr Company Profile
Sprinklr, Inc is a software company that provides a unified customer experience management (CXM) platform for enterprises and government organizations. Its cloud-based solutions help organizations manage customer interactions across digital channels, social media, contact centers and other communication touchpoints from a common platform.
The company’s offerings include customer service and contact-center tools, social media management, digital engagement, marketing and advertising capabilities, customer feedback, and artificial intelligence-powered analytics and insights.
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