Key Points
- Director Stephen Ward Jr. bought 150,000 Sprinklr shares at an average price of $5.67, investing $850,500 and increasing his direct stake by 172.24% to 237,088 shares.
- Sprinklr shares were trading at $5.86, up 4.0%, while the company reported quarterly EPS of $0.11, slightly above analyst expectations, on revenue of $213.74 million.
- Analyst sentiment remains mixed, with three Buy, three Hold, and one Sell rating; the consensus price target is $8.21. Institutional investors own 40.19% of the company.
Sprinklr, Inc. (NYSE:CXM - Get Free Report) Director Stephen Ward, Jr. purchased 150,000 shares of the firm's stock in a transaction that occurred on Tuesday, October 13th. The shares were bought at an average price of $5.67 per share, with a total value of $850,500.00. Following the acquisition, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Sprinklr Trading Up 4.0%
NYSE CXM opened at $5.86 on Friday. The business has a fifty day simple moving average of $6.13 and a 200 day simple moving average of $5.72. Sprinklr, Inc. has a 12 month low of $4.72 and a 12 month high of $8.27. The firm has a market capitalization of $1.36 billion, a P/E ratio of 58.56 and a beta of 0.77.
Sprinklr (NYSE:CXM - Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The firm had revenue of $213.74 million for the quarter, compared to the consensus estimate of $214.45 million. Sprinklr had a net margin of 2.65% and a return on equity of 7.21%. The business's revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. As a group, sell-side analysts predict that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.
Institutional Investors Weigh In On Sprinklr
A number of hedge funds have recently made changes to their positions in CXM. Globeflex Capital L P purchased a new position in shares of Sprinklr in the 2nd quarter worth about $1,310,000. Dimensional Fund Advisors LP boosted its stake in Sprinklr by 19.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company's stock valued at $15,891,000 after acquiring an additional 438,083 shares during the last quarter. SG Americas Securities LLC boosted its stake in Sprinklr by 84.9% in the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company's stock valued at $50,265,000 after acquiring an additional 3,846,652 shares during the last quarter. Quantinno Capital Management LP grew its position in shares of Sprinklr by 966.8% during the 1st quarter. Quantinno Capital Management LP now owns 248,193 shares of the company's stock valued at $1,489,000 after acquiring an additional 224,928 shares during the period. Finally, First Trust Advisors LP grew its position in shares of Sprinklr by 214.3% during the 1st quarter. First Trust Advisors LP now owns 634,417 shares of the company's stock valued at $3,807,000 after acquiring an additional 432,565 shares during the period. 40.19% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on CXM. Citigroup restated a "market outperform" rating on shares of Sprinklr in a report on Monday, September 14th. Morgan Stanley upped their price objective on shares of Sprinklr from $7.00 to $8.00 and gave the stock an "equal weight" rating in a research report on Thursday, September 3rd. DA Davidson increased their price objective on shares of Sprinklr from $6.00 to $6.50 and gave the company a "neutral" rating in a research note on Thursday, September 3rd. UBS Group set a $7.50 target price on shares of Sprinklr in a research report on Thursday, September 3rd. Finally, Rosenblatt Securities restated a "buy" rating and issued a $8.50 target price on shares of Sprinklr in a research note on Thursday, September 3rd. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $8.21.
View Our Latest Analysis on CXM
About Sprinklr
(
Get Free Report)
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.
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