Sprinklr (NYSE:CXM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Sprinklr (NYSE:CXM) from a hold rating to a buy rating in a research report sent to investors on Monday morning,Wall Street Zen reports.

A number of other analysts have also recently commented on the company. Morgan Stanley boosted their price objective on Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a research report on Thursday, September 3rd. Citizens Jmp reaffirmed a “market outperform” rating and set a $11.00 target price on shares of Sprinklr in a research note on Monday, September 21st. Weiss Ratings upgraded Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. UBS Group set a $7.50 target price on Sprinklr in a research report on Thursday, September 3rd. Finally, Cantor Fitzgerald reissued a “neutral” rating on shares of Sprinklr in a research note on Thursday, September 3rd. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $8.21.

Sprinklr Stock Down 0.7%

NYSE:CXM opened at $6.41 on Monday. Sprinklr has a 52 week low of $4.72 and a 52 week high of $8.27. The stock has a market capitalization of $1.49 billion, a PE ratio of 64.06 and a beta of 0.77. The stock’s 50-day moving average price is $6.08 and its 200-day moving average price is $5.73.

Sprinklr (NYSE:CXM) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The firm had revenue of $213.74 million during the quarter, compared to analyst estimates of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%. Sprinklr’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Sell-side analysts expect that Sprinklr will post 0.23 earnings per share for the current fiscal year.

Insider Buying and Selling at Sprinklr

In related news, General Counsel Jacob Scott sold 26,094 shares of the company’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $5.55, for a total transaction of $144,821.70. Following the completion of the transaction, the general counsel owned 550,733 shares in the company, valued at $3,056,568.15. This represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanjay Macwan sold 6,936 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $5.55, for a total transaction of $38,494.80. Following the completion of the transaction, the insider directly owned 545,997 shares in the company, valued at $3,030,283.35. This represents a 1.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 563,385 shares of company stock valued at $3,158,244. Corporate insiders own 25.18% of the company’s stock.

Institutional Investors Weigh In On Sprinklr

Several large investors have recently bought and sold shares of CXM. SG Americas Securities LLC boosted its stake in Sprinklr by 84.9% during the 1st quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock worth $50,265,000 after purchasing an additional 3,846,652 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Sprinklr by 19.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock valued at $15,891,000 after buying an additional 438,083 shares during the last quarter. First Trust Advisors LP raised its position in shares of Sprinklr by 214.3% in the first quarter. First Trust Advisors LP now owns 634,417 shares of the company’s stock valued at $3,807,000 after buying an additional 432,565 shares during the last quarter. Globeflex Capital L P acquired a new stake in shares of Sprinklr in the second quarter valued at about $1,310,000. Finally, Pacer Advisors Inc. raised its position in shares of Sprinklr by 37.5% in the first quarter. Pacer Advisors Inc. now owns 869,926 shares of the company’s stock valued at $5,220,000 after buying an additional 237,216 shares during the last quarter. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Sprinklr Company Profile

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