Sprinklr, Inc. (NYSE:CXM – Get Free Report) General Counsel Jacob Scott sold 16,407 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $6.97, for a total value of $114,356.79. Following the completion of the sale, the general counsel directly owned 534,326 shares of the company’s stock, valued at approximately $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 is available through this link. 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 shares were 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 transaction of $498,947.45.
Sprinklr Stock Down 2.4%
Shares of CXM opened at $6.67 on Friday. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $8.27. The stock has a market capitalization of $1.55 billion, a P/E ratio of 66.76 and a beta of 0.67. The company has a 50 day moving average of $6.00 and a 200-day moving average of $5.85.
Sprinklr (NYSE:CXM – Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%. The firm had revenue of $213.74 million for the quarter, compared to analyst estimates of $214.45 million. During the same quarter in the previous year, the company posted $0.13 EPS. The business’s revenue was up .8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. On average, sell-side analysts anticipate that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.
Institutional Trading of Sprinklr
Several institutional investors have recently made changes to their positions in CXM. Dimensional Fund Advisors LP raised its holdings in shares of Sprinklr by 19.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock worth $15,891,000 after buying an additional 438,083 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Sprinklr by 3.9% in the first quarter. Bank of America Corp DE now owns 1,680,846 shares of the company’s stock valued at $10,085,000 after acquiring an additional 62,604 shares during the period. Bank of New York Mellon Corp grew its position in Sprinklr by 8.9% during the first quarter. Bank of New York Mellon Corp now owns 1,329,921 shares of the company’s stock worth $7,980,000 after buying an additional 108,340 shares during the period. Principal Financial Group Inc. boosted its position in Sprinklr by 7.9% during the first quarter. Principal Financial Group Inc. now owns 978,240 shares of the company’s stock worth $5,869,000 after acquiring an additional 71,646 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Sprinklr by 37.5% in the first quarter. Pacer Advisors Inc. now owns 869,926 shares of the company’s stock worth $5,220,000 after buying an additional 237,216 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have issued reports on CXM. Citizens Jmp reaffirmed a “market outperform” rating and issued a $11.00 price target on shares of Sprinklr in a report on Monday, September 21st. Cantor Fitzgerald restated a “neutral” rating on shares of Sprinklr in a report on Thursday, September 3rd. Rosenblatt Securities reissued a “buy” rating and issued a $8.50 price objective on shares of Sprinklr in a research note on Thursday, September 3rd. Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a report on Monday, October 19th. Finally, DA Davidson lifted their price objective on Sprinklr from $6.00 to $6.50 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $8.21.
Check Out Our Latest Stock Report on CXM
Sprinklr Company Profile
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