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

Sprinklr, Inc. (NYSE:CXM) Director Stephen Ward, Jr. bought 150,000 shares of the stock in a transaction that occurred on Tuesday, October 13th. The shares were bought at an average price of $5.67 per share, for a total transaction of $850,500.00. Following the completion of the transaction, the director directly owned 237,088 shares of the company’s stock, valued at $1,344,288.96. This represents a 172.24% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Sprinklr Stock Up 4.0%

NYSE:CXM traded up $0.23 during mid-day trading on Thursday, hitting $5.86. 2,476,844 shares of the company traded hands, compared to its average volume of 3,389,471. The stock’s fifty day moving average price is $6.15 and its 200-day moving average price is $5.72. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $8.27. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 58.56 and a beta of 0.77.

Sprinklr (NYSE:CXM) last issued 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 return on equity of 7.21% and a net margin of 2.65%. The business had revenue of $213.74 million during the quarter, compared to analysts’ expectations of $214.45 million. During the same quarter in the prior year, the business 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. Equities analysts predict that Sprinklr, Inc. will post 0.23 EPS for the current year.

Institutional Investors Weigh In On Sprinklr

Institutional investors and hedge funds have recently bought and sold shares of the business. Sequoia Financial Advisors LLC lifted its position in shares of Sprinklr by 44.2% in the second quarter. Sequoia Financial Advisors LLC now owns 27,151 shares of the company’s stock valued at $140,000 after acquiring an additional 8,322 shares in the last quarter. Engineers Gate Manager LP bought a new position in shares of Sprinklr in the second quarter worth about $645,000. Integrated Wealth Concepts LLC bought a new position in shares of Sprinklr in the second quarter worth about $31,000. Compass Financial Management LLC purchased a new stake in shares of Sprinklr during the second quarter worth about $52,000. Finally, Syon Capital LLC purchased a new stake in shares of Sprinklr during the second quarter worth about $131,000. 40.19% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CXM. Cantor Fitzgerald reiterated a “neutral” rating on shares of Sprinklr in a research note on Thursday, September 3rd. Wall Street Zen cut shares of Sprinklr from a “buy” rating to a “hold” rating in a research note on Sunday. DA Davidson lifted their price target on shares of Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a report on Thursday, September 3rd. UBS Group set a $7.50 price target on shares of Sprinklr in a research report on Thursday, September 3rd. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $8.50 price target on shares of Sprinklr in a research report 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $8.21.

About Sprinklr

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.