Sprinklr (NYSE:CXM) CTO Sells 29,180 Shares

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 29,180 shares of Sprinklr stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $154,654.00. Following the transaction, the chief technology officer directly owned 854,779 shares of the company’s stock, valued at $4,530,328.70. The trade was a 3.30% decrease in their position. The transaction 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

Shares of CXM traded down $0.07 during midday trading on Thursday, hitting $5.05. 8,248,694 shares of the company traded hands, compared to its average volume of 3,423,870. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $9.40. The firm has a market cap of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59. The stock has a 50-day moving average of $5.31 and a 200-day moving average of $6.16.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $219.48 million during the quarter, compared to analyst estimates of $215.89 million. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. Sprinklr’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the business earned $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. Sell-side analysts forecast that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Sprinklr

A number of hedge funds and other institutional investors have recently bought and sold shares of CXM. Pacer Advisors Inc. increased its holdings in shares of Sprinklr by 37.5% in the 1st quarter. Pacer Advisors Inc. now owns 869,926 shares of the company’s stock worth $5,220,000 after buying an additional 237,216 shares during the last quarter. Parallel Advisors LLC raised its position in shares of Sprinklr by 42.6% during the 1st quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock valued at $44,000 after buying an additional 2,171 shares in the last quarter. Optiver Holding B.V. lifted its holdings in shares of Sprinklr by 3,311.2% during the 1st quarter. Optiver Holding B.V. now owns 6,993 shares of the company’s stock worth $42,000 after acquiring an additional 6,788 shares during the last quarter. Lavelle Capital LP bought a new stake in shares of Sprinklr during the 1st quarter worth $607,000. Finally, Essential Partners LLC grew its position in Sprinklr by 563.7% in the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock worth $27,000 after acquiring an additional 3,771 shares in the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Wall Street Analyst Weigh In

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

Sprinklr News Summary

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.