Rory Read Sells 143,654 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) CEO Rory Read sold 143,654 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total value of $761,366.20. Following the sale, the chief executive officer directly owned 3,419,190 shares in the company, valued at $18,121,707. This trade represents a 4.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Price Performance

CXM opened at $5.05 on Friday. Sprinklr, Inc. has a 1-year low of $4.72 and a 1-year high of $9.40. The stock has a market cap of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59. The stock’s 50 day simple moving average is $5.28 and its 200 day simple moving average is $6.14.

Sprinklr (NYSE:CXM) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $219.48 million during the quarter, compared to analysts’ expectations of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.Sprinklr’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm 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. Research analysts expect that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Sprinklr News Summary

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

Analyst Upgrades and Downgrades

CXM has been the topic of a number of research reports. Morgan Stanley lowered their price objective on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. DA Davidson cut their target price on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Rosenblatt Securities reduced their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a report on Thursday, June 4th. Citizens Jmp lowered their price target on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. Finally, Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Sprinklr presently has a consensus rating of “Hold” and a consensus price target of $7.79.

Institutional Trading of Sprinklr

A number of large investors have recently made changes to their positions in the stock. SG Americas Securities LLC grew its holdings in shares of Sprinklr by 11,204.2% during the fourth quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock worth $35,250,000 after buying an additional 4,490,746 shares in the last quarter. First Eagle Investment Management LLC lifted its stake in shares of Sprinklr by 41.8% during the third quarter. First Eagle Investment Management LLC now owns 1,071,681 shares of the company’s stock valued at $8,273,000 after buying an additional 315,953 shares during the period. Vanguard Group Inc. boosted its position in Sprinklr by 20.3% during the third quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after acquiring an additional 2,966,556 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new stake in Sprinklr in the 3rd quarter worth approximately $6,997,000. Finally, JPMorgan Chase & Co. grew its stake in Sprinklr by 44.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 624,918 shares of the company’s stock worth $4,824,000 after acquiring an additional 192,683 shares during the period. Institutional investors and hedge funds own 40.19% of the company’s stock.

About Sprinklr

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.