Ragy Thomas Sells 5,457 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) Director Ragy Thomas sold 5,457 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total transaction of $30,286.35. Following the transaction, the director directly owned 735,253 shares of the company’s stock, valued at approximately $4,080,654.15. This trade represents a 0.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Performance

CXM stock opened at $5.32 on Friday. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $8.27. The stock’s 50 day moving average price is $6.42 and its 200 day moving average price is $5.80. The firm has a market cap of $1.23 billion, a P/E ratio of 53.16 and a beta of 0.65.

Sprinklr (NYSE:CXM) last announced its earnings results on Wednesday, September 2nd. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $213.74 million for the quarter, compared to analysts’ expectations of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.Sprinklr’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. On average, research analysts predict that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CXM. Cantor Fitzgerald reissued a “neutral” rating on shares of Sprinklr in a research note on Thursday, September 3rd. Weiss Ratings upgraded shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. UBS Group set a $7.50 price objective on shares of Sprinklr in a research report on Thursday, September 3rd. DA Davidson upped their price objective on shares of Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Finally, Wall Street Zen lowered shares of Sprinklr from a “buy” rating to a “hold” rating in a research report on Saturday, September 5th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $8.21.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. SG Americas Securities LLC boosted its position 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 acquiring an additional 3,846,652 shares during the last quarter. Jefferies Financial Group Inc. increased 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 purchasing an additional 908,002 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Sprinklr by 19.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock worth $15,891,000 after purchasing an additional 438,083 shares during the period. Private Management Group Inc. raised its stake in Sprinklr by 1,249.3% during the fourth quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock worth $18,768,000 after purchasing an additional 2,233,542 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Sprinklr by 3.9% in the 1st quarter. Bank of America Corp DE now owns 1,680,846 shares of the company’s stock valued at $10,085,000 after purchasing an additional 62,604 shares during the last quarter. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Sprinklr News Summary

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Recent institutional activity included new positions and increased holdings from several investment firms. About 40.19% of Sprinklr’s shares are held by hedge funds and other institutional investors, providing some indication of continued institutional interest.
• Positive Sentiment: Sprinklr’s latest quarterly EPS of $0.11 exceeded analysts’ $0.10 estimate. Management has also highlighted momentum in its artificial-intelligence offerings, while some analysts remain bullish; Rosenblatt Securities has an $8.50 price target and the consensus target is $8.21.
• Neutral Sentiment: CEO Rory Read, CTO Amitabh Misra, General Counsel Jacob Scott, Director Ragy Thomas and another insider sold approximately $1.6 million of shares in transactions conducted around $5.55 per share. The filings state that the sales covered tax obligations related to equity-award vesting; Misra’s transactions were also made under a pre-arranged Rule 10b5-1 plan. The insiders continued to hold substantial positions after the sales. Sprinklr insider selling report
• Negative Sentiment: Revenue rose only 0.8% year over year to $213.74 million and came in slightly below expectations. EPS declined from $0.13 in the comparable period to $0.11, while services remained a drag. Investors may remain cautious until AI-related demand produces faster revenue growth.

Sprinklr Company Profile

Sprinklr, Inc (NYSE:CXM) provides an enterprise software platform designed to help organizations manage customer experiences across digital and traditional channels. Its cloud-based Unified Customer Experience Management platform brings together customer-facing functions, data and workflows in a centralized environment.

The company’s products support customer service and contact-center operations, social media management, digital marketing, advertising, customer insights and social listening.