Amitabh Misra Sells 34,189 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXMGet Free Report) CTO Amitabh Misra sold 34,189 shares of Sprinklr stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $5.85, for a total value of $200,005.65. Following the completion of the transaction, the chief technology officer directly owned 970,753 shares of the company’s stock, valued at $5,678,905.05. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Sprinklr Stock Down 0.4%

Shares of NYSE:CXM opened at $5.96 on Thursday. Sprinklr, Inc. has a 12 month low of $5.12 and a 12 month high of $9.40. The company’s 50-day moving average price is $6.14 and its two-hundred day moving average price is $7.14. The firm has a market cap of $1.47 billion, a P/E ratio of 66.17 and a beta of 0.78.

Sprinklr (NYSE:CXMGet Free Report) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The firm had revenue of $220.59 million during the quarter, compared to analysts’ expectations of $216.93 million. During the same quarter last year, the company posted $0.10 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. As a group, equities analysts predict that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on CXM. Rosenblatt Securities reaffirmed a “buy” rating and set a $12.00 price objective on shares of Sprinklr in a report on Thursday, December 4th. DA Davidson lowered their target price on Sprinklr from $9.00 to $6.50 and set a “neutral” rating for the company in a research note on Thursday, March 12th. Weiss Ratings upgraded Sprinklr from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Citigroup cut their price target on Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, March 12th. Finally, Citizens Jmp decreased their price target on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a report on Thursday, March 12th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $8.31.

Check Out Our Latest Analysis on Sprinklr

Hedge Funds Weigh In On Sprinklr

Hedge funds and other institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Sprinklr by 2.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after acquiring an additional 2,478 shares during the period. Millennium Management LLC lifted its stake in shares of Sprinklr by 4.6% in the 1st quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after purchasing an additional 25,609 shares during the period. Caxton Associates LLP bought a new position in shares of Sprinklr in the 1st quarter worth $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Sprinklr by 4.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock worth $2,177,000 after purchasing an additional 10,136 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of Sprinklr by 20.6% during the second quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company’s stock worth $67,000 after purchasing an additional 1,347 shares during the period. 40.19% of the stock is owned by institutional investors.

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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