Key Points
- CEO Rory Read sold 145,865 Sprinklr shares at an average price of $5.55, generating $809,550.75. The sale covered tax withholding on vested equity awards, leaving him with 3.27 million shares.
- Sprinklr’s latest quarter modestly exceeded EPS expectations, reporting $0.11 versus $0.10 expected, while revenue rose just 0.8% year over year to $213.74 million and fell slightly short of estimates.
- Analysts maintain a generally cautious outlook, with an average “Hold” rating and an $8.21 price target. AI momentum offers a potential catalyst, but services-related weakness and subdued growth remain concerns.
Sprinklr, Inc. (NYSE:CXM - Get Free Report) Director Ragy Thomas sold 5,457 shares of the company's stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total transaction of $30,286.35. Following the transaction, the director owned 735,253 shares in the company, valued at $4,080,654.15. The trade was a 0.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Sprinklr Trading Up 0.6%
CXM stock opened at $5.62 on Friday. The firm has a 50 day moving average of $6.42 and a 200-day moving average of $5.80. The company has a market cap of $1.31 billion, a price-to-earnings ratio of 56.26 and a beta of 0.65. Sprinklr, Inc. has a 12-month low of $4.72 and a 12-month high of $8.27.
Sprinklr (NYSE:CXM - Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The firm had revenue of $213.74 million during the quarter, compared to the consensus estimate of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.Sprinklr's quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the business posted $0.13 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. Sell-side analysts forecast that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Sprinklr
Hedge funds and other institutional investors have recently modified their holdings of the company. Sequoia Financial Advisors LLC lifted its stake in shares of Sprinklr by 44.2% during the second quarter. Sequoia Financial Advisors LLC now owns 27,151 shares of the company's stock valued at $140,000 after buying an additional 8,322 shares during the period. Engineers Gate Manager LP acquired a new position in Sprinklr in the 2nd quarter valued at $645,000. Integrated Wealth Concepts LLC purchased a new position in shares of Sprinklr during the 2nd quarter worth $31,000. Compass Financial Management LLC purchased a new position in shares of Sprinklr during the 2nd quarter worth $52,000. Finally, Syon Capital LLC acquired a new stake in shares of Sprinklr during the second quarter worth $131,000. 40.19% of the stock is currently owned by hedge funds and other institutional investors.
Sprinklr News Summary
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
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the stock. Rosenblatt Securities reissued a "buy" rating and issued a $8.50 price objective on shares of Sprinklr in a research note on Thursday, September 3rd. Weiss Ratings upgraded shares of Sprinklr from a "sell (d)" rating to a "sell (d+)" rating in a research report on Wednesday, August 5th. DA Davidson increased their price target on shares of Sprinklr from $6.00 to $6.50 and gave the company a "neutral" rating in a research report on Thursday, September 3rd. Cantor Fitzgerald restated a "neutral" rating on shares of Sprinklr in a research report on Thursday, September 3rd. Finally, Citigroup reaffirmed a "market outperform" rating on shares of Sprinklr in a research note on Monday. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $8.21.
View Our Latest Research Report on CXM
Sprinklr Company Profile
(
Get Free Report)
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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