Sprinklr (NYSE:CXM) Insider Sanjay Macwan Sells 27,277 Shares

Sprinklr, Inc. (NYSE:CXM) insider Sanjay Macwan sold 27,277 shares of Sprinklr stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $144,568.10. Following the sale, the insider owned 552,933 shares of the company’s stock, valued at approximately $2,930,544.90. The trade was a 4.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Price Performance

NYSE:CXM opened at $5.05 on Friday. The firm has a market capitalization of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59. Sprinklr, Inc. has a 1-year low of $4.72 and a 1-year high of $9.40. The company’s fifty day moving average price is $5.30 and its 200-day moving average price is $6.14.

Sprinklr (NYSE:CXM) last posted its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The company had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. During the same period in the previous year, the firm posted $0.12 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Equities analysts anticipate that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Sprinklr

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Sprinklr by 20.3% during the third quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after purchasing an additional 2,966,556 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Sprinklr by 84.9% in the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock worth $50,265,000 after buying an additional 3,846,652 shares in the last quarter. Morgan Stanley lifted its stake in shares of Sprinklr by 3.5% in the fourth quarter. Morgan Stanley now owns 7,568,609 shares of the company’s stock worth $58,884,000 after buying an additional 252,552 shares in the last quarter. Jefferies Financial Group Inc. boosted its position in Sprinklr by 19.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock worth $43,490,000 after acquiring an additional 908,002 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Sprinklr by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,722,671 shares of the company’s stock worth $21,187,000 after acquiring an additional 21,321 shares during the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CXM shares. DA Davidson decreased their price target on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Morgan Stanley decreased 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, March 16th. Weiss Ratings downgraded shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Rosenblatt Securities cut their price target on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research note on Thursday, June 4th. Finally, Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $7.79.

Key Stories Impacting Sprinklr

Here are the key news stories impacting Sprinklr this week:

• Negative Sentiment: CEO Rory Read sold 143,654 shares at an average price of $5.30, trimming his stake by about 4%. While the company says the sale was to cover tax withholding tied to equity vesting, the size of the transaction may still weigh on investor sentiment. Article Title
• Negative Sentiment: Several other executives and directors also sold shares recently, including the general counsel, CTO, chief product/security executive, and a director, reinforcing concerns about insider confidence even though the sales were largely tied to tax obligations and pre-arranged trading plans.
• Positive Sentiment: Sprinklr’s latest quarterly results were solid, with EPS of $0.11 beating estimates and revenue of $219.48 million topping expectations, which supports the company’s fundamental outlook.
• Neutral Sentiment: Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $7.79. Recent target cuts from some firms offset a few positive rating changes, leaving the Street outlook balanced rather than strongly bullish or bearish.
• Negative Sentiment: A shareholder notice related to a class action lawsuit continues to create a legal overhang that could dampen sentiment in the near term. Article Title

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.