Insider Selling: Sprinklr (NYSE:CXM) Insider Sells 41,852 Shares

Sprinklr, Inc. (NYSE:CXM) insider Karthik Suri sold 41,852 shares of Sprinklr stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $5.14, for a total transaction of $215,119.28. Following the completion of the transaction, the insider owned 1,111,472 shares of the company’s stock, valued at $5,712,966.08. This trade represents a 3.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 Tuesday, June 16th, Karthik Suri sold 23,507 shares of Sprinklr stock. The stock was sold at an average price of $5.30, for a total value of $124,587.10.

Sprinklr Trading Down 1.3%

NYSE CXM traded down $0.07 during trading hours on Thursday, reaching $5.05. 8,248,694 shares of the company’s stock were exchanged, compared to its average volume of 3,423,870. The firm has a fifty day moving average of $5.31 and a 200-day moving average of $6.16. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $9.40. The stock has a market cap of $1.18 billion, a PE ratio of 42.12 and a beta of 0.59.

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, beating the consensus estimate of $0.10 by $0.01. The firm had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS. 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, research analysts forecast that Sprinklr, Inc. will post 0.23 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CXM. DA Davidson reduced their price target on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Citizens Jmp lowered their price objective on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a research report on Thursday, March 12th. Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. 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. Finally, Weiss Ratings cut shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 30th. 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $7.79.

Institutional Investors Weigh In On Sprinklr

A number of institutional investors and hedge funds have recently made changes to their positions in CXM. SG Americas Securities LLC lifted its position in Sprinklr by 11,204.2% during the 4th quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock valued at $35,250,000 after purchasing an additional 4,490,746 shares during the period. First Eagle Investment Management LLC raised 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 worth $8,273,000 after buying an additional 315,953 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Sprinklr by 20.3% in the third quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock valued at $135,653,000 after buying an additional 2,966,556 shares during the period. Hillsdale Investment Management Inc. bought a new position in Sprinklr in the third quarter valued at approximately $6,997,000. Finally, JPMorgan Chase & Co. grew its holdings in Sprinklr by 44.6% during 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 own 40.19% of the company’s stock.

Trending Headlines about Sprinklr

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Sprinklr recently reported quarterly earnings of $0.11 per share, topping analyst expectations of $0.10, and revenue of $219.48 million also came in above estimates. The company said quarterly revenue rose 6.8% year over year, which supports the longer-term business outlook.
• Neutral Sentiment: ResultsCX, a customer experience management peer, announced Great Place To Work certification across eight countries. This is not a direct update on Sprinklr, but it highlights continued activity and recognition in the broader CXM sector.
• Negative Sentiment: Multiple Sprinklr insiders, including CEO Rory P. Read, CTO Amitabh Misra, General Counsel Jacob Scott, and directors/executives Karthik Suri, Joy Corso, Sanjay Macwan, and Ragy Thomas, sold shares in recent filings. While the company said the sales were mainly tied to tax withholding from vested equity awards and some were executed under 10b5-1 plans, the cluster of sales can still weigh on investor sentiment. CEO insider filing
• Negative Sentiment: A shareholder class action notice from Robbins LLP suggests continued legal overhang for Sprinklr, which may add to pressure on the stock. Class action notice

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.