Sprinklr (NYSE:CXM) Director Ragy Thomas Sells 5,457 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) Director Ragy Thomas sold 5,457 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $5.55, for a total value of $30,286.35. Following the transaction, the director owned 735,253 shares of the company’s stock, valued at approximately $4,080,654.15. The trade was a 0.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Stock Performance

NYSE:CXM traded up $0.04 during trading hours on Thursday, reaching $5.62. The stock had a trading volume of 2,824,332 shares, compared to its average volume of 3,465,094. Sprinklr, Inc. has a 52 week low of $4.72 and a 52 week high of $8.27. The company has a 50 day moving average price of $6.42 and a two-hundred day moving average price of $5.81. The stock has a market capitalization of $1.31 billion, a PE ratio of 56.26 and a beta of 0.65.

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

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Citigroup restated a “market outperform” rating on shares of Sprinklr in a research report on Monday. Rosenblatt Securities reiterated a “buy” rating and issued a $8.50 price target on shares of Sprinklr in a report on Thursday, September 3rd. Weiss Ratings raised Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. DA Davidson upped their price objective on Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Finally, UBS Group set a $7.50 target price on Sprinklr in a research note on Thursday, September 3rd. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $8.21.

Hedge Funds Weigh In On Sprinklr

Hedge funds have recently added to or reduced their stakes in the stock. Essential Partners LLC increased its position in shares of Sprinklr by 563.7% during 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 during the period. Summit Securities Group LLC boosted its holdings in shares of Sprinklr by 210.8% in the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock valued at $27,000 after purchasing an additional 3,101 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of Sprinklr in the second quarter valued at approximately $31,000. Optiver Holding B.V. grew its stake in Sprinklr by 3,311.2% in the first 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 grew its stake in Sprinklr by 42.6% in the first 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 currently owned by institutional investors.

More Sprinklr News

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Sprinklr’s earnings call highlighted continued momentum in artificial-intelligence-related products, a potential growth catalyst as the company seeks to expand customer adoption and improve its competitive position. Sprinklr Earnings Call: AI Momentum Amid Services Drag
• Neutral Sentiment: The latest results were mixed: adjusted earnings of $0.11 per share exceeded the $0.10 consensus estimate, while revenue of $213.7 million was slightly below expectations and increased only 0.8% year over year. The call also pointed to a drag from services, tempering the positive AI narrative.
• Negative Sentiment: Several senior Sprinklr executives and directors sold a combined 288,134 shares worth approximately $1.6 million, including CEO Rory Read’s sale of 145,865 shares. The transactions reduced their holdings, but each filing stated that the shares were sold to cover tax obligations from vested equity awards; CTO Amitabh Misra’s sales were also made under a Rule 10b5-1 plan. Consequently, the activity may weigh on sentiment but is not necessarily a discretionary bearish bet. SEC Insider Transaction Filing

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.