Sprinklr (NYSE:CXM) Director Ragy Thomas Sells 6,086 Shares

Sprinklr, Inc. (NYSE:CXMGet Free Report) Director Ragy Thomas sold 6,086 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $32,255.80. Following the completion of the transaction, the director directly owned 740,710 shares of the company’s stock, valued at $3,925,763. This represents a 0.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Down 1.3%

Shares of NYSE:CXM opened at $5.05 on Friday. The company’s fifty day moving average is $5.30 and its two-hundred day moving average is $6.14. The company has a market cap of $1.18 billion, a P/E ratio of 42.12 and a beta of 0.59. Sprinklr, Inc. has a 12-month low of $4.72 and a 12-month high of $9.40.

Sprinklr (NYSE:CXMGet Free Report) last issued its earnings results on Wednesday, June 3rd. 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 8.13% and a net margin of 3.29%.The business had revenue of $219.48 million during the quarter, compared to analysts’ expectations of $215.89 million. During the same quarter last year, the firm posted $0.12 earnings per share. Sprinklr’s revenue was up 6.8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Equities research analysts anticipate that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Citizens Jmp lowered their target price on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research note on Thursday, March 12th. Citigroup lowered their price objective on shares of 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 upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. DA Davidson decreased their target price on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Finally, Morgan Stanley dropped their price target on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $7.79.

View Our Latest Analysis on CXM

Sprinklr News Summary

Here are the key news stories impacting Sprinklr this week:

  • Negative Sentiment: CEO Rory Read sold 143,654 shares at an average price of $5.30, trimming his stake by about 4%. While the company says the sale was to cover tax withholding tied to equity vesting, the size of the transaction may still weigh on investor sentiment. Article Title
  • Negative Sentiment: Several other executives and directors also sold shares recently, including the general counsel, CTO, chief product/security executive, and a director, reinforcing concerns about insider confidence even though the sales were largely tied to tax obligations and pre-arranged trading plans.
  • Positive Sentiment: Sprinklr’s latest quarterly results were solid, with EPS of $0.11 beating estimates and revenue of $219.48 million topping expectations, which supports the company’s fundamental outlook.
  • Neutral Sentiment: Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $7.79. Recent target cuts from some firms offset a few positive rating changes, leaving the Street outlook balanced rather than strongly bullish or bearish.
  • Negative Sentiment: A shareholder notice related to a class action lawsuit continues to create a legal overhang that could dampen sentiment in the near term. Article Title

Institutional Investors Weigh In On Sprinklr

Several large investors have recently made changes to their positions in the company. SG Americas Securities LLC increased its holdings in Sprinklr by 11,204.2% in the fourth quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock worth $35,250,000 after buying an additional 4,490,746 shares during the last quarter. Vanguard Group Inc. lifted its stake 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 acquiring an additional 2,966,556 shares during the last quarter. Private Management Group Inc. grew its position in Sprinklr by 1,249.3% in the fourth quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock worth $18,768,000 after acquiring an additional 2,233,542 shares in the last quarter. Sea Cliff Partners Management LP grew its position in Sprinklr by 1,174.6% in the second quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock worth $18,331,000 after acquiring an additional 1,996,792 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Sprinklr during the 4th quarter worth $11,524,000. Institutional investors own 40.19% of the company’s stock.

Sprinklr Company Profile

(Get Free Report)

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.

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