Insider Selling: Sprinklr (NYSE:CXM) CTO Sells 9,099 Shares of Stock

Key Points

  • CEO Rory Read sold 68,673 Sprinklr shares on Dec. 16 at an average price of $7.78 for about $534,276, trimming his stake by 3.65% to 1,810,613 shares (worth roughly $14.09M).
  • Sprinklr beat quarterly expectations with $0.12 EPS vs. $0.09 expected and $219.07M revenue (up 9.2% YoY), and set FY2026 EPS guidance of $0.430–0.440 and Q4 guidance of $0.090–0.100.
  • The stock trades near $7.87 with a $1.94B market cap, but analysts are mixed — MarketBeat shows a consensus rating of "Reduce" and a $9.89 target amid several downgrades and hold/sell views.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) CTO Amitabh Misra sold 9,099 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total value of $70,790.22. Following the completion of the sale, the chief technology officer owned 584,627 shares of the company's stock, valued at $4,548,398.06. The trade was a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Sprinklr Trading Up 0.2%

NYSE:CXM traded up $0.01 during trading hours on Thursday, hitting $7.87. 195,255 shares of the company were exchanged, compared to its average volume of 1,908,307. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 18.63 and a beta of 0.78. Sprinklr, Inc. has a one year low of $6.75 and a one year high of $9.69. The company has a fifty day simple moving average of $7.55 and a 200 day simple moving average of $8.09.




Sprinklr (NYSE:CXM - Get Free Report) last released its quarterly earnings results on Wednesday, December 3rd. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The firm had revenue of $219.07 million for the quarter, compared to analyst estimates of $209.56 million. Sprinklr had a return on equity of 8.03% and a net margin of 13.42%.The business's revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 EPS. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. Equities research analysts predict that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on CXM shares. DA Davidson restated a "neutral" rating and set a $9.00 price target on shares of Sprinklr in a report on Thursday, December 4th. Citigroup increased their price objective on shares of Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Monday, December 8th. Barclays lowered their target price on shares of Sprinklr from $9.00 to $8.00 and set an "underweight" rating for the company in a research note on Wednesday, September 3rd. Wall Street Zen cut shares of Sprinklr from a "strong-buy" rating to a "buy" rating in a research report on Saturday, November 8th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $12.00 price objective on shares of Sprinklr in a research report on Thursday, December 4th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $9.89.

View Our Latest Analysis on Sprinklr

Institutional Investors Weigh In On Sprinklr

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of Sprinklr by 20.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company's stock valued at $135,653,000 after buying an additional 2,966,556 shares during the period. Jefferies Financial Group Inc. raised its stake in Sprinklr by 31.6% during the 2nd quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company's stock worth $39,610,000 after buying an additional 1,125,000 shares during the period. Sea Cliff Partners Management LP boosted its holdings 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. Dimensional Fund Advisors LP grew its stake in Sprinklr by 15.7% in the third quarter. Dimensional Fund Advisors LP now owns 2,155,110 shares of the company's stock valued at $16,639,000 after acquiring an additional 291,635 shares during the period. Finally, Letko Brosseau & Associates Inc. grew its stake in Sprinklr by 0.7% in the second quarter. Letko Brosseau & Associates Inc. now owns 1,760,500 shares of the company's stock valued at $14,894,000 after acquiring an additional 11,625 shares during the period. 40.19% of the stock is owned by institutional investors.

About Sprinklr

(Get Free Report)

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.

Further Reading

Insider Buying and Selling by Quarter for Sprinklr (NYSE:CXM)

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