Sprinklr (NYSE:CXM) General Counsel Jacob Scott Sells 2,724 Shares of Stock

Sprinklr, Inc. (NYSE:CXMGet Free Report) General Counsel Jacob Scott sold 2,724 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $4.97, for a total value of $13,538.28. Following the completion of the transaction, the general counsel directly owned 648,412 shares in the company, valued at $3,222,607.64. The trade was a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jacob Scott also recently made the following trade(s):

  • On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The shares were sold at an average price of $5.30, for a total value of $86,814.00.

Sprinklr Price Performance

Shares of NYSE CXM opened at $4.99 on Thursday. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 41.54 and a beta of 0.59. The stock’s fifty day moving average price is $5.25 and its two-hundred day moving average price is $6.07. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $9.40.

Sprinklr (NYSE:CXMGet Free Report) last posted its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The company had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. During the same quarter last year, the firm earned $0.12 earnings per share. The company’s 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. On average, equities analysts anticipate that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on CXM. Weiss Ratings downgraded shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Citizens Jmp lowered their target price on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a report on Thursday, March 12th. DA Davidson cut their price target on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Finally, Morgan Stanley lowered their price objective on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $7.79.

View Our Latest Report on Sprinklr

Institutional Investors Weigh In On Sprinklr

Large investors have recently modified their holdings of the business. Pacer Advisors Inc. lifted its position in shares of Sprinklr by 37.5% during the 1st quarter. Pacer Advisors Inc. now owns 869,926 shares of the company’s stock worth $5,220,000 after buying an additional 237,216 shares during the last quarter. Parallel Advisors LLC lifted its stake in Sprinklr by 42.6% in the 1st quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock valued at $44,000 after purchasing an additional 2,171 shares during the last quarter. Optiver Holding B.V. increased its holdings in shares of Sprinklr by 3,311.2% during the first quarter. Optiver Holding B.V. now owns 6,993 shares of the company’s stock worth $42,000 after buying an additional 6,788 shares in the last quarter. Lavelle Capital LP acquired a new position in shares of Sprinklr during the first quarter worth $607,000. Finally, Essential Partners LLC raised its position in Sprinklr by 563.7% in the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after purchasing an additional 3,771 shares during the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Sprinklr (NYSE:CXM)

Receive News & Ratings for Sprinklr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprinklr and related companies with MarketBeat.com's FREE daily email newsletter.