Amitabh Misra Sells 9,099 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 9,099 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total value of $70,790.22. Following the sale, the chief technology officer directly owned 584,627 shares of the company’s stock, valued at $4,548,398.06. This represents a 1.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Sprinklr Stock Performance

Shares of CXM opened at $7.86 on Friday. The firm has a market cap of $1.94 billion, a PE ratio of 18.70 and a beta of 0.78. Sprinklr, Inc. has a 52-week low of $6.75 and a 52-week high of $9.69. The business’s 50 day moving average price is $7.56 and its two-hundred day moving average price is $8.09.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, December 3rd. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.03. Sprinklr had a net margin of 13.42% and a return on equity of 8.03%. The company had revenue of $219.07 million during the quarter, compared to analyst estimates of $209.56 million. During the same quarter in the previous year, the business posted $0.10 EPS. Sprinklr’s revenue for the quarter was up 9.2% compared to the same quarter last year. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. Research analysts predict that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Institutional Trading of Sprinklr

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CXM. Maryland State Retirement & Pension System raised its holdings in Sprinklr by 3.8% during the 2nd quarter. Maryland State Retirement & Pension System now owns 33,735 shares of the company’s stock valued at $285,000 after acquiring an additional 1,235 shares during the period. Amalgamated Bank grew its position in shares of Sprinklr by 4.1% in the second quarter. Amalgamated Bank now owns 32,769 shares of the company’s stock valued at $277,000 after purchasing an additional 1,292 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Sprinklr by 20.6% in the second quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company’s stock valued at $67,000 after purchasing an additional 1,347 shares in the last quarter. Cresset Asset Management LLC raised its stake in shares of Sprinklr by 7.6% during the 3rd quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock valued at $237,000 after purchasing an additional 2,169 shares during the period. Finally, Louisiana State Employees Retirement System lifted its holdings in Sprinklr by 4.1% during the 3rd quarter. Louisiana State Employees Retirement System now owns 55,800 shares of the company’s stock worth $431,000 after purchasing an additional 2,200 shares in the last quarter. 40.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CXM shares. Wall Street Zen lowered shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Weiss Ratings downgraded Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, December 12th. DA Davidson reiterated a “neutral” rating and issued a $9.00 price target on shares of Sprinklr in a report on Thursday, December 4th. Rosenblatt Securities restated a “buy” rating and set a $12.00 price objective on shares of Sprinklr in a report on Thursday, December 4th. Finally, Barclays cut their target price on Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Wednesday, September 3rd. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Sprinklr has a consensus rating of “Reduce” and an average price target of $9.89.

Sprinklr Company Profile

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.