Joy Corso Sells 33,635 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) insider Joy Corso sold 33,635 shares of Sprinklr stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $178,265.50. Following the sale, the insider owned 1,175,616 shares in the company, valued at approximately $6,230,764.80. This trade represents a 2.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Up 0.3%

NYSE CXM opened at $5.05 on Friday. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $9.40. The stock has a market cap of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59. The company’s 50-day simple moving average is $5.28 and its 200 day simple moving average is $6.14.

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

Analyst Ratings Changes

A number of brokerages have weighed in on CXM. Citizens Jmp lowered their price target on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Rosenblatt Securities reduced their target price on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Finally, Citigroup lowered their target price on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $7.79.

Sprinklr News Roundup

Here are the key news stories impacting Sprinklr this week:

• Negative Sentiment: CEO Rory Read sold 143,654 shares at $5.30 per share, a transaction that stands out because of its size and may signal reduced insider optimism, even though the company says it was for tax withholding related to equity awards. Article Title
• Negative Sentiment: Other recent insider sales by Sprinklr executives and directors, including the general counsel, CTO, and a director, add to concerns that management may be trimming exposure, even if the trades were largely routine and tax-related.
• Positive Sentiment: Sprinklr’s latest quarterly results were better than expected, with EPS of $0.11 and revenue of $219.48 million both topping analyst estimates, which supports the company’s fundamental case.
• Neutral Sentiment: The stock remains near its recent trading range, and analysts currently rate CXM at “Hold” on average, suggesting the Street is waiting for clearer evidence of stronger growth or margin improvement.
• Negative Sentiment: A shareholder notice tied to an existing class action lawsuit continues to create a legal overhang that could limit upside sentiment in the near term. Article Title

Hedge Funds Weigh In On Sprinklr

A number of large investors have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd grew its stake in shares of Sprinklr by 148.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after purchasing an additional 1,940 shares during the last quarter. Larson Financial Group LLC raised its position in Sprinklr by 24,370.6% in the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock worth $32,000 after purchasing an additional 4,143 shares during the last quarter. Essential Partners LLC raised its position in Sprinklr by 563.7% in the 1st quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock worth $27,000 after purchasing an additional 3,771 shares during the last quarter. Summit Securities Group LLC lifted its holdings in Sprinklr by 210.8% during the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after buying an additional 3,101 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in Sprinklr during the 4th quarter worth $38,000. 40.19% of the stock is currently owned by institutional investors and hedge funds.

About Sprinklr

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.