Sprinklr (NYSE:CXM) Insider Sanjay Macwan Sells 6,936 Shares

Key Points

• Insider sale: Sprinklr insider Sanjay Macwan sold 6,936 shares for approximately $38,495 at $5.55 per share to cover tax withholding tied to vested equity awards. He retained 545,997 shares, a 1.25% reduction in ownership.
• Mixed financial results: Sprinklr reported quarterly adjusted EPS of $0.11, beating estimates by $0.01, while revenue of $213.7 million narrowly missed expectations and rose just 0.8% year over year. AI product momentum provided a growth catalyst, but services weakness remained a drag.
• Stock and analyst view: CXM recently traded near $5.62, below its 50-day moving average of $6.42, while analysts maintained an overall “Hold” rating with an average price target of $8.21. Institutional investors own about 40.2% of the company.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) insider Sanjay Macwan sold 6,936 shares of the company's stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $5.55, for a total transaction of $38,494.80. Following the sale, the insider owned 545,997 shares of the company's stock, valued at $3,030,283.35. This trade represents a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sprinklr Price Performance

CXM stock traded up $0.04 on Thursday, reaching $5.62. 2,824,332 shares of the company were exchanged, compared to its average volume of 3,465,094. Sprinklr, Inc. has a 12 month low of $4.72 and a 12 month high of $8.27. The stock's fifty day moving average price is $6.42 and its 200 day moving average price is $5.81. The firm has a market capitalization of $1.31 billion, a PE ratio of 56.26 and a beta of 0.65.

Sprinklr (NYSE:CXM - Get Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The company reported $0.11 EPS 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 analysts' expectations of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.The company's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, research analysts expect that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Institutional Investors Weigh In On Sprinklr

Institutional investors and hedge funds have recently modified their holdings of the business. SG Americas Securities LLC grew its position in shares of Sprinklr by 84.9% during the 1st quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company's stock worth $50,265,000 after buying an additional 3,846,652 shares during the period. Jefferies Financial Group Inc. raised its position in shares of Sprinklr by 19.4% in the 4th quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company's stock valued at $43,490,000 after acquiring an additional 908,002 shares during the period. Dimensional Fund Advisors LP boosted its stake in Sprinklr by 19.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company's stock worth $15,891,000 after acquiring an additional 438,083 shares during the last quarter. Private Management Group Inc. boosted its stake in Sprinklr by 1,249.3% during the 4th quarter. Private Management Group Inc. now owns 2,412,330 shares of the company's stock worth $18,768,000 after acquiring an additional 2,233,542 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Sprinklr by 3.9% during the first quarter. Bank of America Corp DE now owns 1,680,846 shares of the company's stock valued at $10,085,000 after purchasing an additional 62,604 shares during the period. 40.19% of the stock is owned by institutional investors.

Key Sprinklr News

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Sprinklr’s earnings call highlighted continued momentum in artificial-intelligence-related products, a potential growth catalyst as the company seeks to expand customer adoption and improve its competitive position. Sprinklr Earnings Call: AI Momentum Amid Services Drag
• Neutral Sentiment: The latest results were mixed: adjusted earnings of $0.11 per share exceeded the $0.10 consensus estimate, while revenue of $213.7 million was slightly below expectations and increased only 0.8% year over year. The call also pointed to a drag from services, tempering the positive AI narrative.
• Negative Sentiment: Several senior Sprinklr executives and directors sold a combined 288,134 shares worth approximately $1.6 million, including CEO Rory Read’s sale of 145,865 shares. The transactions reduced their holdings, but each filing stated that the shares were sold to cover tax obligations from vested equity awards; CTO Amitabh Misra’s sales were also made under a Rule 10b5-1 plan. Consequently, the activity may weigh on sentiment but is not necessarily a discretionary bearish bet. SEC Insider Transaction Filing

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on CXM shares. UBS Group set a $7.50 price objective on shares of Sprinklr in a report on Thursday, September 3rd. Cantor Fitzgerald reissued a "neutral" rating on shares of Sprinklr in a report on Thursday, September 3rd. Rosenblatt Securities restated a "buy" rating and set a $8.50 price target on shares of Sprinklr in a research report on Thursday, September 3rd. Wall Street Zen cut Sprinklr from a "buy" rating to a "hold" rating in a report on Saturday, September 5th. Finally, DA Davidson lifted their price objective on Sprinklr from $6.00 to $6.50 and gave the company a "neutral" rating in a research report on Thursday, September 3rd. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Sprinklr currently has an average rating of "Hold" and an average price target of $8.21.

About Sprinklr

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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