Sprinklr (NYSE:CXM) General Counsel Jacob Scott Sells 71,585 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott sold 71,585 shares of the stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $6.97, for a total value of $498,947.45. Following the transaction, the general counsel owned 576,827 shares in the company, valued at approximately $4,020,484.19. This trade represents a 11.04% decrease in their position. The sale was disclosed in a legal filing 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.

Jacob Scott also recently made the following trade(s):

• On Monday, June 22nd, Jacob Scott sold 2,724 shares of Sprinklr stock. The stock was sold at an average price of $4.97, for a total transaction of $13,538.28.
• On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The stock was sold at an average price of $5.30, for a total transaction of $86,814.00.

Sprinklr Trading Down 1.5%

NYSE:CXM opened at $6.77 on Thursday. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $8.85. The firm’s fifty day simple moving average is $5.70 and its 200 day simple moving average is $5.66. The firm has a market capitalization of $1.59 billion, a PE ratio of 56.42 and a beta of 0.58.

Sprinklr (NYSE:CXM) last released its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The firm had revenue of $219.48 million during the quarter, compared to analyst estimates of $215.89 million. During the same quarter in the previous year, the business earned $0.12 EPS. The business’s 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, analysts anticipate that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Institutional Trading of Sprinklr

Several institutional investors have recently made changes to their positions in CXM. Globeflex Capital L P bought a new stake in Sprinklr in the second quarter valued at about $1,310,000. Pacer Advisors Inc. lifted its stake in Sprinklr by 37.5% during the first quarter. Pacer Advisors Inc. now owns 869,926 shares of the company’s stock worth $5,220,000 after purchasing an additional 237,216 shares during the period. Parallel Advisors LLC boosted its holdings in Sprinklr by 42.6% during the first quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock valued at $44,000 after purchasing an additional 2,171 shares in the last quarter. Optiver Holding B.V. boosted its holdings in Sprinklr by 3,311.2% during the first quarter. Optiver Holding B.V. now owns 6,993 shares of the company’s stock valued at $42,000 after purchasing an additional 6,788 shares in the last quarter. Finally, Lavelle Capital LP bought a new stake in shares of Sprinklr in the 1st quarter valued at approximately $607,000. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently weighed in on CXM. Weiss Ratings upgraded Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. DA Davidson dropped their price target on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Rosenblatt Securities cut their price target on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th. Finally, Citigroup reduced their price objective on Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $7.79.

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.