Sprinklr (NYSE:CXM) Director Stephen Ward, Jr. Buys 150,000 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) Director Stephen Ward, Jr. acquired 150,000 shares of the stock in a transaction dated Tuesday, October 13th. The stock was bought at an average price of $5.67 per share, with a total value of $850,500.00. Following the purchase, the director directly owned 237,088 shares in the company, valued at $1,344,288.96. This represents a 172.24% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Sprinklr Stock Up 4.0%

Sprinklr stock opened at $5.86 on Friday. Sprinklr, Inc. has a 12-month low of $4.72 and a 12-month high of $8.27. The firm’s fifty day moving average is $6.13 and its 200 day moving average is $5.72. The company has a market capitalization of $1.36 billion, a PE ratio of 58.56 and a beta of 0.77.

Sprinklr (NYSE:CXM) last posted its quarterly earnings results on Wednesday, September 2nd. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 2.65% and a return on equity of 7.21%. The business had revenue of $213.74 million during the quarter, compared to analysts’ expectations of $214.45 million. During the same period last year, the company posted $0.13 earnings per share. The business’s quarterly revenue was up .8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. Sell-side analysts expect that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on CXM. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Sprinklr in a research report on Thursday, September 3rd. Citigroup reiterated a “market outperform” rating on shares of Sprinklr in a report on Monday, September 14th. Rosenblatt Securities reissued a “buy” rating and issued a $8.50 price objective on shares of Sprinklr in a research note on Thursday, September 3rd. DA Davidson raised their price objective on Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Finally, Morgan Stanley boosted their price objective on Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Thursday, September 3rd. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $8.21.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Summit Securities Group LLC increased its position in shares of Sprinklr by 210.8% during the first 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 in the last quarter. Essential Partners LLC boosted its stake in Sprinklr by 563.7% during the 1st quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after purchasing an additional 3,771 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Sprinklr during the 2nd quarter valued at about $31,000. Optiver Holding B.V. increased its holdings in 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 purchasing an additional 6,788 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in Sprinklr by 42.6% during the 1st quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock worth $44,000 after purchasing an additional 2,171 shares in the last quarter. 40.19% of the stock is owned by institutional investors.

Sprinklr Company Profile

Sprinklr, Inc is a software company that provides a unified customer experience management (CXM) platform for enterprises and government organizations. Its cloud-based solutions help organizations manage customer interactions across digital channels, social media, contact centers and other communication touchpoints from a common platform.

The company’s offerings include customer service and contact-center tools, social media management, digital engagement, marketing and advertising capabilities, customer feedback, and artificial intelligence-powered analytics and insights.