Ragy Thomas Sells 24,952 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) Director Ragy Thomas sold 24,952 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total value of $194,126.56. Following the completion of the transaction, the director owned 712,349 shares of the company’s stock, valued at approximately $5,542,075.22. The trade was a 3.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Ragy Thomas also recently made the following trade(s):

• On Wednesday, October 29th, Ragy Thomas sold 1,365 shares of Sprinklr stock. The stock was sold at an average price of $7.69, for a total value of $10,496.85.

Sprinklr Trading Down 0.1%

CXM opened at $7.86 on Friday. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 18.70 and a beta of 0.78. The stock has a fifty day simple moving average of $7.56 and a two-hundred day simple moving average of $8.09. Sprinklr, Inc. has a 12-month low of $6.75 and a 12-month high of $9.69.

Sprinklr (NYSE:CXM) last released its earnings results on Wednesday, December 3rd. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. Sprinklr had a net margin of 13.42% and a return on equity of 8.03%. The firm had revenue of $219.07 million for the quarter, compared to the consensus estimate of $209.56 million. During the same period in the prior year, the firm earned $0.10 EPS. The company’s revenue was up 9.2% compared to the same quarter last year. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. On average, analysts predict that Sprinklr, Inc. will post 0.1 EPS for the current year.

Wall Street Analysts Forecast Growth

CXM has been the subject of several recent research reports. Citigroup lifted their target price on shares of Sprinklr from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Weiss Ratings lowered Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, December 12th. DA Davidson reissued a “neutral” rating and issued a $9.00 target price on shares of Sprinklr in a report on Thursday, December 4th. Barclays reduced their price target on Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Wednesday, September 3rd. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $12.00 price target on shares of Sprinklr in a research report on Thursday, December 4th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $9.89.

Hedge Funds Weigh In On Sprinklr

Hedge funds and other institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. grew its stake in shares of Sprinklr by 69.2% in the first quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company’s stock worth $54,000 after acquiring an additional 2,668 shares during the period. Vanguard Group Inc. boosted its holdings in Sprinklr by 8.5% in the first quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company’s stock worth $121,065,000 after purchasing an additional 1,138,542 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Sprinklr by 4.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,097,526 shares of the company’s stock worth $9,164,000 after purchasing an additional 42,234 shares during the last quarter. Invesco Ltd. grew its position in Sprinklr by 9.0% in the 1st quarter. Invesco Ltd. now owns 495,076 shares of the company’s stock worth $4,134,000 after purchasing an additional 40,701 shares during the period. Finally, Nuveen LLC purchased a new stake in Sprinklr during the 1st quarter valued at $4,341,000. Institutional investors own 40.19% of the company’s stock.

Sprinklr Company Profile

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.