Sprinklr, Inc. (NYSE:CXM – Get Free Report) insider Sanjay Macwan sold 6,936 shares of Sprinklr stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total value of $38,494.80. Following the completion of the sale, the insider directly owned 545,997 shares of the company’s stock, valued at approximately $3,030,283.35. The trade was a 1.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Sprinklr Price Performance
Sprinklr stock opened at $5.62 on Friday. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $8.27. The business’s fifty day moving average is $6.42 and its 200 day moving average is $5.80. 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 – Get Free Report) last posted its earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $214.45 million. During the same quarter in the prior year, the business earned $0.13 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts expect that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on Sprinklr
Hedge Funds Weigh In On Sprinklr
Institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC raised its position in shares of 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 buying an additional 2,171 shares during the last quarter. Summit Securities Group LLC boosted 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 during the last quarter. Essential Partners LLC grew its stake in Sprinklr by 563.7% during the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after acquiring an additional 3,771 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Sprinklr by 12.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 50,473 shares of the company’s stock valued at $302,000 after acquiring an additional 5,610 shares during the last quarter. Finally, Swiss National Bank increased its holdings in Sprinklr by 2.5% in the 1st quarter. Swiss National Bank now owns 244,600 shares of the company’s stock valued at $1,468,000 after acquiring an additional 5,900 shares during the last quarter. 40.19% of the stock is owned by institutional investors.
Sprinklr News Roundup
Here are the key news stories impacting Sprinklr this week:
- Positive Sentiment: Sprinklr’s latest earnings call highlighted momentum in its AI offerings, providing a potential growth catalyst. The company also reported quarterly EPS of $0.11, slightly ahead of the $0.10 consensus estimate. Several analysts maintain positive views, including Rosenblatt Securities with an $8.50 price target, while the average analyst price target is $8.21. Sprinklr earnings call
- Neutral Sentiment: CEO Rory Read, CTO Amitabh Misra, General Counsel Jacob Scott, and other executives and directors sold shares totaling roughly $1.6 million. Misra separately sold 40,000 shares for $229,200 and 29,629 shares for $164,441. The filings state that the transactions covered tax-withholding obligations from vested equity awards; Misra’s sales were also made under a pre-arranged Rule 10b5-1 plan. The structured nature of the trades makes them less concerning than discretionary insider selling, although the number of transactions may affect investor sentiment. Sprinklr insider trading report
- Negative Sentiment: Revenue increased only 0.8% year over year to $213.74 million, slightly below analyst expectations, while services remained a drag on results. EPS also declined from $0.13 in the comparable quarter to $0.11. With the stock trading at a relatively high earnings multiple despite limited growth, investors may remain cautious until AI-driven demand produces stronger revenue acceleration. Sprinklr stock analysis
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.
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