Sprinklr (NYSE:CXM) CTO Amitabh Misra Sells 40,000 Shares

Sprinklr, Inc. (NYSE:CXM) CTO Amitabh Misra sold 40,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $5.73, for a total value of $229,200.00. Following the transaction, the chief technology officer directly owned 814,779 shares in the company, valued at $4,668,683.67. This trade represents a 4.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.

Amitabh Misra also recently made the following trade(s):

• On Wednesday, September 16th, Amitabh Misra sold 29,629 shares of Sprinklr stock. The shares were sold at an average price of $5.55, for a total value of $164,440.95.

Sprinklr Stock Performance

Shares of NYSE CXM opened at $5.62 on Friday. The firm has a 50 day moving average price of $6.42 and a 200 day moving average price of $5.80. The stock has a market cap of $1.31 billion, a P/E ratio of 56.26 and a beta of 0.65. Sprinklr, Inc. has a 52-week low of $4.72 and a 52-week high of $8.27.

Sprinklr (NYSE:CXM) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.The business had revenue of $213.74 million for the quarter, compared to the consensus estimate of $214.45 million. During the same quarter last year, the business posted $0.13 EPS. The firm’s 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. Analysts predict that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Key Stories Impacting Sprinklr

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Sprinklr’s latest earnings call emphasized momentum in its artificial-intelligence offerings, providing a potential growth catalyst. The company also slightly exceeded quarterly EPS expectations, although revenue came in just below consensus. Sprinklr Earnings Call: AI Momentum Amid Services Drag
• Neutral Sentiment: Seven executives and directors, including CEO Rory Read, CTO Amitabh Misra and director Ragy Thomas, sold a combined approximately 288,000 shares for about $1.61 million. The filings state that the sales were primarily made to cover tax withholding on vested equity awards; Misra’s transactions were also conducted under a pre-arranged Rule 10b5-1 plan. Because the sales were not discretionary open-market disposals, they are less bearish than ordinary insider selling, though the concentration of transactions may weigh on sentiment. SEC insider transaction filing
• Negative Sentiment: The earnings call identified a drag from services, while year-over-year revenue growth remained minimal at approximately 0.8%. That subdued growth and the company’s still-elevated valuation relative to its modest expansion could limit enthusiasm despite the AI opportunity. Sprinklr Earnings Call: AI Momentum Amid Services Drag

Institutional Investors Weigh In On Sprinklr

Several institutional investors and hedge funds have recently added to or reduced their stakes in CXM. Parallel Advisors LLC grew its position in Sprinklr by 42.6% during the first quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock worth $44,000 after buying an additional 2,171 shares in the last quarter. Summit Securities Group LLC grew its holdings in Sprinklr by 210.8% during the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after acquiring an additional 3,101 shares during the last quarter. Essential Partners LLC grew its stake in shares of 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 purchasing an additional 3,771 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Sprinklr by 12.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 50,473 shares of the company’s stock worth $302,000 after purchasing an additional 5,610 shares during the last quarter. Finally, Swiss National Bank raised its position in shares of Sprinklr by 2.5% during the first quarter. Swiss National Bank now owns 244,600 shares of the company’s stock worth $1,468,000 after acquiring an additional 5,900 shares during the last quarter. 40.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on CXM shares. DA Davidson increased their target price on Sprinklr from $6.00 to $6.50 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. Morgan Stanley boosted their price target on Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Thursday, September 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $8.50 price objective on shares of Sprinklr in a report on Thursday, September 3rd. Weiss Ratings upgraded Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Finally, Cantor Fitzgerald restated a “neutral” rating on shares of Sprinklr in a research note on Thursday, September 3rd. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $8.21.

About Sprinklr

Sprinklr, Inc (NYSE:CXM) provides an enterprise software platform designed to help organizations manage customer experiences across digital and traditional channels. Its cloud-based Unified Customer Experience Management platform brings together customer-facing functions, data and workflows in a centralized environment.

The company’s products support customer service and contact-center operations, social media management, digital marketing, advertising, customer insights and social listening.