Ragy Thomas Sells 24,952 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) Director Ragy Thomas sold 24,952 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total value of $194,126.56. Following the sale, the director owned 712,349 shares of the company’s stock, valued at $5,542,075.22. The trade was a 3.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Ragy Thomas also recently made the following trade(s):

• On Wednesday, October 29th, Ragy Thomas sold 1,365 shares of Sprinklr stock. The shares were sold at an average price of $7.69, for a total transaction of $10,496.85.

Sprinklr Stock Up 0.4%

Shares of CXM stock traded up $0.03 during mid-day trading on Wednesday, reaching $7.88. The company’s stock had a trading volume of 1,974,637 shares, compared to its average volume of 2,239,689. The firm has a market capitalization of $1.94 billion, a PE ratio of 18.77 and a beta of 0.78. The company’s 50 day simple moving average is $7.55 and its 200-day simple moving average is $8.09. Sprinklr, Inc. has a 12-month low of $6.75 and a 12-month high of $9.69.

Sprinklr (NYSE:CXM) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. Sprinklr had a net margin of 13.42% and a return on equity of 8.03%. The firm had revenue of $219.07 million during the quarter, compared to analysts’ expectations of $209.56 million. During the same period in the prior year, the company earned $0.10 EPS. The firm’s revenue was up 9.2% on a year-over-year basis. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. As a group, research analysts anticipate that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CXM shares. Barclays reduced their target price on Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, September 3rd. Citigroup upped their price target on shares of Sprinklr from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Cantor Fitzgerald reiterated a “neutral” rating and set a $8.00 price objective on shares of Sprinklr in a research note on Wednesday, December 3rd. Wall Street Zen lowered shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, December 12th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Sprinklr has a consensus rating of “Reduce” and an average price target of $9.89.

Hedge Funds Weigh In On Sprinklr

A number of hedge funds have recently added to or reduced their stakes in the business. Larson Financial Group LLC boosted its holdings in shares of Sprinklr by 24,370.6% in the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after buying an additional 4,143 shares during the period. Lavaca Capital LLC raised its stake in Sprinklr by 541.2% during the second quarter. Lavaca Capital LLC now owns 4,200 shares of the company’s stock worth $36,000 after acquiring an additional 3,545 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Sprinklr by 69.2% in the first quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company’s stock worth $54,000 after acquiring an additional 2,668 shares during the last quarter. Quarry LP boosted its stake in Sprinklr by 5,071.8% in the first quarter. Quarry LP now owns 7,706 shares of the company’s stock valued at $64,000 after acquiring an additional 7,557 shares during the period. Finally, Lazard Asset Management LLC grew its holdings in shares of Sprinklr by 2,480.2% during the second quarter. Lazard Asset Management LLC now owns 8,463 shares of the company’s stock valued at $71,000 after purchasing an additional 8,135 shares during the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

About Sprinklr

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.