Sprinklr (NYSE:CXM) Insider Karthik Suri Sells 23,507 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) insider Karthik Suri sold 23,507 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $124,587.10. Following the transaction, the insider owned 1,153,324 shares of the company’s stock, valued at $6,112,617.20. This trade represents a 2.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Karthik Suri also recently made the following trade(s):

• On Wednesday, June 17th, Karthik Suri sold 41,852 shares of Sprinklr stock. The stock was sold at an average price of $5.14, for a total value of $215,119.28.

Sprinklr Stock Performance

Shares of CXM stock opened at $5.05 on Friday. The stock has a 50 day moving average price of $5.30 and a 200 day moving average price of $6.14. Sprinklr, Inc. has a 52-week low of $4.72 and a 52-week high of $9.40. The firm has a market capitalization of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59.

Sprinklr (NYSE:CXM) last announced 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. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The company had revenue of $219.48 million for the quarter, compared to the consensus estimate of $215.89 million. During the same quarter in the prior year, the company posted $0.12 EPS. Sprinklr’s quarterly revenue was up 6.8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. As a group, sell-side analysts forecast that Sprinklr, Inc. will post 0.23 EPS for the current year.

Hedge Funds Weigh In On Sprinklr

Several institutional investors have recently bought and sold shares of CXM. Aster Capital Management DIFC Ltd raised its stake in 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 buying an additional 1,940 shares in the last quarter. Summit Securities Group LLC lifted its holdings in Sprinklr by 210.8% during the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after buying an additional 3,101 shares during the period. Essential Partners LLC boosted its position 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 acquiring an additional 3,771 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of Sprinklr by 24,370.6% in the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after acquiring an additional 4,143 shares during the period. Finally, Empowered Funds LLC purchased a new position in shares of Sprinklr in the 4th quarter valued at $38,000. 40.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CXM shares. Citigroup decreased their price objective on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 30th. Morgan Stanley decreased their price target on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Finally, DA Davidson dropped their price objective on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research note 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 stock. According to MarketBeat.com, Sprinklr currently has a consensus rating of “Hold” and an average price target of $7.79.

More Sprinklr News

Here are the key news stories impacting Sprinklr this week:

• Negative Sentiment: CEO Rory Read sold 143,654 shares at an average price of $5.30, trimming his stake by about 4%. While the company says the sale was to cover tax withholding tied to equity vesting, the size of the transaction may still weigh on investor sentiment. Article Title
• Negative Sentiment: Several other executives and directors also sold shares recently, including the general counsel, CTO, chief product/security executive, and a director, reinforcing concerns about insider confidence even though the sales were largely tied to tax obligations and pre-arranged trading plans.
• Positive Sentiment: Sprinklr’s latest quarterly results were solid, with EPS of $0.11 beating estimates and revenue of $219.48 million topping expectations, which supports the company’s fundamental outlook.
• Neutral Sentiment: Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $7.79. Recent target cuts from some firms offset a few positive rating changes, leaving the Street outlook balanced rather than strongly bullish or bearish.
• Negative Sentiment: A shareholder notice related to a class action lawsuit continues to create a legal overhang that could dampen sentiment in the near term. Article Title

Sprinklr Company Profile

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.