Neeraj Agrawal Sells 89,479 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) Director Neeraj Agrawal sold 89,479 shares of the company’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $7.78, for a total transaction of $696,146.62. Following the completion of the sale, the director directly owned 2,850 shares in the company, valued at $22,173. This represents a 96.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Neeraj Agrawal also recently made the following trade(s):

• On Wednesday, October 8th, Neeraj Agrawal sold 150,000 shares of Sprinklr stock. The stock was sold at an average price of $7.61, for a total transaction of $1,141,500.00.
• On Tuesday, October 7th, Neeraj Agrawal sold 135,000 shares of Sprinklr stock. The stock was sold at an average price of $7.51, for a total transaction of $1,013,850.00.

Sprinklr Price Performance

NYSE:CXM opened at $7.62 on Friday. The firm’s 50-day moving average price is $8.10 and its 200-day moving average price is $8.20. The company has a market capitalization of $1.86 billion, a PE ratio of 16.93 and a beta of 0.78. Sprinklr, Inc. has a 1-year low of $6.75 and a 1-year high of $9.69.

Sprinklr (NYSE:CXM) last released its earnings results on Wednesday, September 3rd. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $212.04 million for the quarter, compared to the consensus estimate of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The company’s revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.07 EPS. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. Equities analysts anticipate that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Sprinklr in a research report on Wednesday. Barclays cut their price objective on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Wednesday, September 3rd. Citigroup cut their price objective on shares of Sprinklr from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 9th. JMP Securities reissued a “market outperform” rating and set a $17.00 price objective on shares of Sprinklr in a research report on Friday, June 27th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $12.00 price objective on shares of Sprinklr in a research report on Tuesday, September 30th. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $10.00.

Hedge Funds Weigh In On Sprinklr

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Lavaca Capital LLC lifted its stake in Sprinklr by 10,229.0% during the 2nd quarter. Lavaca Capital LLC now owns 67,655 shares of the company’s stock valued at $572,000 after acquiring an additional 67,000 shares during the period. Squarepoint Ops LLC bought a new position in Sprinklr during the 2nd quarter valued at about $641,000. Thrivent Financial for Lutherans lifted its stake in Sprinklr by 2.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company’s stock valued at $714,000 after acquiring an additional 2,274 shares during the period. State of Wyoming bought a new position in Sprinklr during the 2nd quarter valued at about $140,000. Finally, Public Sector Pension Investment Board lifted its stake in Sprinklr by 10.4% during the 2nd quarter. Public Sector Pension Investment Board now owns 391,337 shares of the company’s stock valued at $3,311,000 after acquiring an additional 36,774 shares during the period. Institutional investors own 40.19% of the company’s stock.

About Sprinklr

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.