Ragy Thomas Sells 6,086 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXMGet Free Report) Director Ragy Thomas sold 6,086 shares of Sprinklr stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $32,255.80. Following the transaction, the director owned 740,710 shares in the company, valued at $3,925,763. The trade was a 0.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Trading Up 0.3%

Shares of Sprinklr stock opened at $5.05 on Friday. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $9.40. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 42.12 and a beta of 0.59. The company has a fifty day moving average price of $5.28 and a 200 day moving average price of $6.14.

Sprinklr (NYSE:CXMGet Free Report) last released its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $219.48 million for the quarter, compared to analyst estimates of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The firm’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company posted $0.12 earnings per share. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Analysts forecast that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Institutional Trading of Sprinklr

A number of hedge funds and other institutional investors have recently modified their holdings of CXM. Aster Capital Management DIFC Ltd lifted its stake in shares of Sprinklr by 148.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after acquiring an additional 1,940 shares in the last quarter. Larson Financial Group LLC grew its stake in Sprinklr by 24,370.6% during the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after purchasing an additional 4,143 shares in the last quarter. Essential Partners LLC grew its stake in Sprinklr by 563.7% during the 1st quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after purchasing an additional 3,771 shares in the last quarter. Summit Securities Group LLC increased its holdings in Sprinklr by 210.8% during the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after purchasing an additional 3,101 shares during the last quarter. Finally, Empowered Funds LLC purchased a new stake in Sprinklr during the 4th quarter worth approximately $38,000. 40.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CXM has been the topic of several analyst reports. DA Davidson dropped their target price on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Morgan Stanley lowered their price objective on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research report on Monday, March 16th. Citigroup dropped their price objective on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Weiss Ratings cut shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 30th. Finally, Rosenblatt Securities reduced their target price on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Sprinklr currently has an average rating of “Hold” and an average price target of $7.79.

Read Our Latest Research Report on CXM

Trending Headlines about Sprinklr

Here are the key news stories impacting Sprinklr this week:

  • Negative Sentiment: CEO Rory Read sold 143,654 shares at $5.30 per share, a transaction that stands out because of its size and may signal reduced insider optimism, even though the company says it was for tax withholding related to equity awards. Article Title
  • Negative Sentiment: Other recent insider sales by Sprinklr executives and directors, including the general counsel, CTO, and a director, add to concerns that management may be trimming exposure, even if the trades were largely routine and tax-related.
  • Positive Sentiment: Sprinklr’s latest quarterly results were better than expected, with EPS of $0.11 and revenue of $219.48 million both topping analyst estimates, which supports the company’s fundamental case.
  • Neutral Sentiment: The stock remains near its recent trading range, and analysts currently rate CXM at “Hold” on average, suggesting the Street is waiting for clearer evidence of stronger growth or margin improvement.
  • Negative Sentiment: A shareholder notice tied to an existing class action lawsuit continues to create a legal overhang that could limit upside sentiment in the near term. Article Title

About Sprinklr

(Get Free Report)

Sprinklr, Inc (NYSE: CXM) is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.

Sprinklr’s platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.

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Insider Buying and Selling by Quarter for Sprinklr (NYSE:CXM)

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