Key Points
- Sprinklr General Counsel Jacob Scott sold 71,585 shares at an average price of $6.97, generating approximately $498,947. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, leaving him with 576,827 shares.
- Sprinklr recently beat quarterly expectations, reporting $0.11 in EPS versus the $0.10 consensus and revenue of $219.48 million, up 6.8% year over year.
- Analyst sentiment remains mixed, with two Buy, four Hold and two Sell ratings; the consensus rating is Hold with an average price target of $7.79.
Sprinklr, Inc. (NYSE:CXM - Get Free Report) General Counsel Jacob Scott sold 71,585 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $6.97, for a total value of $498,947.45. Following the transaction, the general counsel owned 576,827 shares of the company's stock, valued at $4,020,484.19. This represents a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jacob Scott also recently made the following trade(s):
- On Monday, June 22nd, Jacob Scott sold 2,724 shares of Sprinklr stock. The shares were sold at an average price of $4.97, for a total transaction of $13,538.28.
- On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The shares were sold at an average price of $5.30, for a total transaction of $86,814.00.
Sprinklr Stock Performance
CXM opened at $6.77 on Thursday. The firm's 50-day simple moving average is $5.70 and its 200-day simple moving average is $5.66. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $8.85. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 56.42 and a beta of 0.58.
Sprinklr (NYSE:CXM - Get Free Report) last announced its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The business had revenue of $219.48 million during the quarter, compared to analysts' expectations of $215.89 million. During the same quarter last year, the company posted $0.12 EPS. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. As a group, sell-side analysts anticipate that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the stock. Citigroup cut their target price on shares of Sprinklr from $7.00 to $6.00 and set a "neutral" rating for the company in a research note on Thursday, June 4th. Rosenblatt Securities decreased their price target on Sprinklr from $12.00 to $8.50 and set a "buy" rating on the stock in a research report on Thursday, June 4th. DA Davidson dropped their price target on Sprinklr from $6.25 to $6.00 and set a "neutral" rating for the company in a report on Thursday, June 4th. Finally, Weiss Ratings raised Sprinklr from a "sell (d)" rating to a "sell (d+)" rating in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $7.79.
Get Our Latest Report on Sprinklr
Institutional Investors Weigh In On Sprinklr
A number of hedge funds have recently added to or reduced their stakes in the stock. Aster Capital Management DIFC Ltd increased its position in Sprinklr by 148.9% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company's stock valued at $25,000 after acquiring an additional 1,940 shares in the last quarter. Summit Securities Group LLC lifted 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 purchasing an additional 3,101 shares in the last quarter. Essential Partners LLC lifted 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 purchasing an additional 3,771 shares in the last quarter. Larson Financial Group LLC grew its stake in shares of Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company's stock valued at $32,000 after purchasing an additional 4,143 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Sprinklr during the fourth quarter valued at approximately $38,000. Institutional investors own 40.19% of the company's stock.
Sprinklr Company Profile
(
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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