Insider Selling: Sprinklr (NYSE:CXM) CFO Sells 37,008 Shares of Stock

Key Points

• Manish Sarin, the CFO of Sprinklr, sold 37,008 shares at an average price of $7.75, totaling $286,812, indicating a 5.05% decrease in his position.
• Sprinklr reported quarterly earnings of $0.13 per share, exceeding analysts' estimates and showcasing a 7.5% year-over-year revenue growth to $212.04 million.
• Analysts have recently upgraded Sprinklr's rating from "hold" to "buy", with a current consensus target price of $10.00 for the stock.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) CFO Manish Sarin sold 37,008 shares of the business's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $286,812.00. Following the completion of the sale, the chief financial officer owned 695,413 shares in the company, valued at $5,389,450.75. This represents a 5.05% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Manish Sarin also recently made the following trade(s):

• On Wednesday, July 9th, Manish Sarin sold 174,749 shares of Sprinklr stock. The stock was sold at an average price of $9.07, for a total value of $1,584,973.43.
• On Tuesday, July 8th, Manish Sarin sold 600 shares of Sprinklr stock. The shares were sold at an average price of $9.00, for a total value of $5,400.00.
• On Monday, July 7th, Manish Sarin sold 24,468 shares of Sprinklr stock. The shares were sold at an average price of $9.00, for a total value of $220,212.00.

Sprinklr Price Performance

CXM traded down $0.09 during trading on Friday, reaching $7.81. The company had a trading volume of 4,279,377 shares, compared to its average volume of 2,630,697. Sprinklr, Inc. has a 12 month low of $6.75 and a 12 month high of $9.69. The business's fifty day moving average price is $8.45 and its 200 day moving average price is $8.29. The company has a market cap of $1.91 billion, a P/E ratio of 17.36 and a beta of 0.81.

Sprinklr (NYSE:CXM - Get Free Report) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.03. The firm had revenue of $212.04 million for the quarter, compared to analyst estimates of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The business's revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 earnings per share. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. As a group, sell-side analysts predict that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. JMP Securities restated a "market outperform" rating and issued a $17.00 price target on shares of Sprinklr in a research report on Friday, June 27th. Rosenblatt Securities restated a "buy" rating and issued a $12.00 price target on shares of Sprinklr in a research report on Thursday, September 4th. Wells Fargo & Company raised their price target on Sprinklr from $6.00 to $7.00 and gave the stock an "underweight" rating in a research report on Thursday, June 5th. DA Davidson boosted their target price on Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, June 5th. Finally, Wall Street Zen raised Sprinklr from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $10.00.

Institutional Trading of Sprinklr

Institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its holdings in Sprinklr by 209.5% in the first quarter. GAMMA Investing LLC now owns 3,677 shares of the company's stock valued at $31,000 after acquiring an additional 2,489 shares during the last quarter. Lavaca Capital LLC boosted its holdings in Sprinklr by 541.2% in the second quarter. Lavaca Capital LLC now owns 4,200 shares of the company's stock valued at $36,000 after acquiring an additional 3,545 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Sprinklr by 69.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company's stock worth $54,000 after buying an additional 2,668 shares in the last quarter. Quarry LP boosted its holdings in shares of Sprinklr by 5,071.8% during the 1st quarter. Quarry LP now owns 7,706 shares of the company's stock worth $64,000 after buying an additional 7,557 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in shares of Sprinklr by 2,480.2% during the 2nd quarter. Lazard Asset Management LLC now owns 8,463 shares of the company's stock worth $71,000 after buying an additional 8,135 shares in the last quarter. 40.19% of the stock is currently owned by institutional investors.

About Sprinklr

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.