Sprinklr (NYSE:CXM) Stock: Insider Stephen Ward, Jr. Purchases 150,000 Shares

Sprinklr, Inc. (NYSE:CXM) Director Stephen Ward, Jr. purchased 150,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The stock was purchased at an average price of $5.67 per share, with a total value of $850,500.00. Following the purchase, the director directly owned 237,088 shares of the company’s stock, valued at $1,344,288.96. The trade was a 172.24% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Sprinklr Stock Down 0.3%

NYSE CXM opened at $5.83 on Friday. Sprinklr, Inc. has a 52 week low of $4.72 and a 52 week high of $8.27. The stock has a market capitalization of $1.35 billion, a PE ratio of 58.36 and a beta of 0.77. The firm has a 50 day moving average of $6.11 and a two-hundred day moving average of $5.72.

Sprinklr (NYSE:CXM) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 2.65% and a return on equity of 7.21%. The company had revenue of $213.74 million for the quarter, compared to the consensus estimate of $214.45 million. During the same period in the prior year, the firm posted $0.13 EPS. The company’s quarterly revenue was up .8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. On average, equities research analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sprinklr

Several large investors have recently modified their holdings of the company. Sequoia Financial Advisors LLC grew its position in Sprinklr by 44.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 27,151 shares of the company’s stock worth $140,000 after purchasing an additional 8,322 shares during the last quarter. Engineers Gate Manager LP acquired a new position in Sprinklr in the second quarter valued at $645,000. Integrated Wealth Concepts LLC acquired a new position in Sprinklr in the second quarter valued at $31,000. Compass Financial Management LLC acquired a new position in Sprinklr in the second quarter valued at $52,000. Finally, Syon Capital LLC purchased a new stake in shares of Sprinklr in the second quarter valued at about $131,000. 40.19% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on CXM. Wall Street Zen downgraded shares of Sprinklr from a “buy” rating to a “hold” rating in a research report on Sunday, October 11th. Morgan Stanley lifted their price target on shares of Sprinklr from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 3rd. Weiss Ratings raised shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. DA Davidson boosted their price target on shares of Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Finally, Citigroup restated a “market outperform” rating on shares of Sprinklr in a research note on Monday, September 14th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Sprinklr currently has a consensus rating of “Hold” and a consensus target price of $8.21.

About Sprinklr

Sprinklr, Inc is a software company that provides a unified customer experience management (CXM) platform for enterprises and government organizations. Its cloud-based solutions help organizations manage customer interactions across digital channels, social media, contact centers and other communication touchpoints from a common platform.

The company’s offerings include customer service and contact-center tools, social media management, digital engagement, marketing and advertising capabilities, customer feedback, and artificial intelligence-powered analytics and insights.