Insider Selling: Sprinklr (NYSE:CXM) CTO Sells 34,189 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 34,189 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $5.85, for a total transaction of $200,005.65. Following the transaction, the chief technology officer owned 970,753 shares in the company, valued at $5,678,905.05. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Sprinklr Trading Up 4.3%

Shares of CXM stock traded up $0.25 during trading hours on Tuesday, reaching $5.99. 4,233,434 shares of the stock were exchanged, compared to its average volume of 2,675,674. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 66.51 and a beta of 0.78. Sprinklr, Inc. has a 12-month low of $5.12 and a 12-month high of $9.40. The company’s 50-day moving average price is $6.21 and its 200-day moving average price is $7.16.

Sprinklr (NYSE:CXM) last released its earnings results on Wednesday, March 11th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The firm had revenue of $220.59 million for the quarter, compared to analysts’ expectations of $216.93 million. During the same quarter in the prior year, the firm posted $0.10 earnings per share. The company’s quarterly revenue was up 8.9% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. On average, sell-side analysts expect that Sprinklr, Inc. will post 0.1 EPS for the current year.

Hedge Funds Weigh In On Sprinklr

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Corient Private Wealth LLC boosted its stake in shares of Sprinklr by 79.3% during the fourth quarter. Corient Private Wealth LLC now owns 46,394 shares of the company’s stock valued at $361,000 after purchasing an additional 20,523 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in Sprinklr by 90.8% during the fourth quarter. Hsbc Holdings PLC now owns 247,931 shares of the company’s stock worth $1,940,000 after buying an additional 117,991 shares during the period. Invesco Ltd. lifted its holdings in Sprinklr by 19.8% during the fourth quarter. Invesco Ltd. now owns 735,924 shares of the company’s stock worth $5,725,000 after buying an additional 121,501 shares during the period. Mercer Global Advisors Inc. ADV bought a new stake in Sprinklr during the 4th quarter valued at $93,000. Finally, Caitlin John LLC bought a new stake in Sprinklr during the 4th quarter valued at $295,000. 40.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CXM. Morgan Stanley lowered their target price on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday. DA Davidson decreased their price objective on shares of Sprinklr from $9.00 to $6.50 and set a “neutral” rating for the company in a report on Thursday, March 12th. Citigroup dropped their target price on shares of Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, March 12th. Rosenblatt Securities reaffirmed a “buy” rating and set a $12.00 price target on shares of Sprinklr in a research note on Thursday, December 4th. Finally, Citizens Jmp decreased their target price on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a research report on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Sprinklr presently has a consensus rating of “Reduce” and an average target price of $8.31.

Sprinklr Company Profile

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.