Sprinklr (NYSE:CXM) General Counsel Jacob Scott Sells 16,407 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 16,407 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $6.97, for a total transaction of $114,356.79. Following the completion of the transaction, the general counsel owned 534,326 shares in the company, valued at $3,724,252.22. This represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, September 16th, Jacob Scott sold 26,094 shares of Sprinklr stock. The shares were sold at an average price of $5.55, for a total transaction of $144,821.70.
• On Monday, August 10th, Jacob Scott sold 71,585 shares of Sprinklr stock. The stock was sold at an average price of $6.97, for a total transaction of $498,947.45.

Sprinklr Stock Performance

CXM opened at $6.84 on Thursday. The company has a fifty day moving average price of $6.03 and a two-hundred day moving average price of $5.85. Sprinklr, Inc. has a 52 week low of $4.72 and a 52 week high of $8.27. The firm has a market capitalization of $1.59 billion, a PE ratio of 68.46 and a beta of 0.67.

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

Institutional Trading of Sprinklr

A number of large investors have recently made changes to their positions in CXM. Globeflex Capital L P bought a new stake in shares of Sprinklr in the second quarter worth about $1,310,000. Dimensional Fund Advisors LP raised its position in shares of 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. Quantinno Capital Management LP raised its position in shares of Sprinklr by 966.8% during the first quarter. Quantinno Capital Management LP now owns 248,193 shares of the company’s stock worth $1,489,000 after purchasing an additional 224,928 shares during the period. First Trust Advisors LP lifted its holdings in shares of Sprinklr by 214.3% during the 1st quarter. First Trust Advisors LP now owns 634,417 shares of the company’s stock valued at $3,807,000 after purchasing an additional 432,565 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in shares of Sprinklr by 37.5% during the 1st quarter. Pacer Advisors Inc. now owns 869,926 shares of the company’s stock valued at $5,220,000 after purchasing an additional 237,216 shares in the last quarter. Institutional investors own 40.19% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Weiss Ratings upgraded Sprinklr from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 23rd. Citigroup reaffirmed a “market outperform” rating on shares of Sprinklr in a research note on Monday, September 14th. UBS Group set a $7.50 price target on Sprinklr in a research note on Thursday, September 3rd. Rosenblatt Securities reiterated a “buy” rating and issued a $8.50 price target on shares of Sprinklr in a research report on Thursday, September 3rd. Finally, Morgan Stanley lifted their price objective on shares of Sprinklr from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 3rd. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Sprinklr presently has an average rating of “Hold” and an average price target of $8.21.

Sprinklr Company Profile

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