Insider Selling: Sprinklr (NYSE:CXM) CTO Sells 34,189 Shares of Stock

Key Points

  • CTO Amitabh Misra sold 34,189 shares on March 16 at an average price of $5.85 for proceeds of $200,005.65, leaving him with 970,753 shares (a 3.40% reduction in his position) per an SEC filing.
  • Sprinklr beat expectations with quarterly EPS of $0.13 (vs. $0.10 est.) and revenue of $220.59M (up 8.9% YoY), and issued FY2027 guidance of $0.470–0.480 EPS and Q1 guidance of $0.090.
  • Analyst sentiment is mixed—two Buys, four Holds and three Sells—with an average rating of "Reduce" and an average price target of $8.31 after several recent target cuts.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) CTO Amitabh Misra sold 34,189 shares of the company's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $5.85, for a total transaction of $200,005.65. Following the completion of the transaction, the chief technology officer owned 970,753 shares of the company's stock, valued at approximately $5,678,905.05. The trade was a 3.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Sprinklr Price Performance

NYSE CXM opened at $5.99 on Wednesday. The firm's fifty day moving average price is $6.18 and its 200 day moving average price is $7.14. Sprinklr, Inc. has a 12 month low of $5.12 and a 12 month high of $9.40. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 66.51 and a beta of 0.78.

Sprinklr (NYSE:CXM - Get Free Report) last announced its quarterly earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.03. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The firm had revenue of $220.59 million during the quarter, compared to analysts' expectations of $216.93 million. During the same period in the previous year, the company earned $0.10 earnings per share. Sprinklr's quarterly revenue was up 8.9% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. As a group, sell-side analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

Analyst Upgrades and Downgrades




Several research firms have recently weighed in on CXM. Citizens Jmp reduced their target price on Sprinklr from $17.00 to $11.00 and set a "market outperform" rating for the company in a report on Thursday, March 12th. DA Davidson dropped their price target on Sprinklr from $9.00 to $6.50 and set a "neutral" rating on the stock in a research note on Thursday, March 12th. Rosenblatt Securities reiterated a "buy" rating and issued a $12.00 price objective on shares of Sprinklr in a research note on Thursday, December 4th. Morgan Stanley reduced their price objective on Sprinklr from $10.00 to $7.00 and set an "equal weight" rating for the company in a research note on Monday. Finally, Wall Street Zen upgraded shares of Sprinklr from a "hold" rating to a "buy" rating in a research report on Saturday. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Reduce" and an average price target of $8.31.

View Our Latest Report on CXM

Institutional Investors Weigh In On Sprinklr

Hedge funds have recently made changes to their positions in the business. Aster Capital Management DIFC Ltd grew its holdings in shares of Sprinklr by 148.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company's stock worth $25,000 after buying an additional 1,940 shares during the last quarter. Larson Financial Group LLC raised its stake in Sprinklr by 24,370.6% during the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company's stock valued at $32,000 after acquiring an additional 4,143 shares during the last quarter. Lavaca Capital LLC lifted its position in Sprinklr by 541.2% during the 2nd quarter. Lavaca Capital LLC now owns 4,200 shares of the company's stock worth $36,000 after acquiring an additional 3,545 shares during the period. Empowered Funds LLC acquired a new stake in Sprinklr during the 4th quarter worth approximately $38,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Sprinklr in the 4th quarter valued at approximately $44,000. Institutional investors and hedge funds own 40.19% of the company's stock.

About Sprinklr

(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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