Sprinklr (NYSE:CXM) Stock: Insider Jacob Scott Sells 16,407 Shares

Key Points

• Sprinklr General Counsel Jacob Scott sold 16,407 shares at an average $6.97, worth about $114,357, under a pre-arranged Rule 10b5-1 plan. He retained 534,326 shares after the sale.
• Sprinklr’s latest quarter beat EPS estimates by one cent, but revenue fell slightly short; revenue grew 0.8% year over year.
• Analysts have a consensus “Hold” rating and an average price target of $8.21, with three Buy and four Hold ratings reported.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) General Counsel Jacob Scott sold 16,407 shares of the firm's stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $6.97, for a total transaction of $114,356.79. Following the sale, the general counsel owned 534,326 shares of the company's stock, valued at $3,724,252.22. This trade represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a legal 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 Wednesday, September 16th, Jacob Scott sold 26,094 shares of Sprinklr stock. The shares were sold at an average price of $5.55, for a total transaction of $144,821.70.
• On Monday, August 10th, Jacob Scott sold 71,585 shares of Sprinklr stock. The stock was sold at an average price of $6.97, for a total value of $498,947.45.

Sprinklr Price Performance

NYSE:CXM traded up $0.14 during mid-day trading on Wednesday, reaching $6.84. The stock had a trading volume of 2,303,546 shares, compared to its average volume of 3,325,963. The stock has a market capitalization of $1.59 billion, a PE ratio of 68.46 and a beta of 0.67. The stock has a 50-day simple moving average of $6.05 and a two-hundred day simple moving average of $5.85. 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 issued its earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 2.65% and a return on equity of 7.21%. The firm had revenue of $213.74 million for the quarter, compared to analyst estimates of $214.45 million. During the same quarter last year, the business posted $0.13 earnings per share. The company's quarterly revenue was up .8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. Equities analysts expect that Sprinklr, Inc. will post 0.23 EPS for the current year.

Institutional Investors Weigh In On Sprinklr

Several institutional investors and hedge funds have recently modified their holdings of the stock. Essential Partners LLC lifted its position in shares of Sprinklr by 563.7% in the first quarter. Essential Partners LLC now owns 4,440 shares of the company's stock worth $27,000 after buying an additional 3,771 shares in the last quarter. Summit Securities Group LLC boosted its holdings in shares of Sprinklr by 210.8% in the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company's stock valued at $27,000 after purchasing an additional 3,101 shares during the period. Pinnacle Wealth Planning Services Inc. lifted its stake in Sprinklr by 87.5% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 5,133 shares of the company's stock worth $25,000 after acquiring an additional 2,396 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Sprinklr during the 2nd quarter valued at $31,000. Finally, Optiver Holding B.V. boosted its holdings in shares of Sprinklr by 3,311.2% in the 1st quarter. Optiver Holding B.V. now owns 6,993 shares of the company's stock valued at $42,000 after buying an additional 6,788 shares in the last quarter. Institutional investors own 40.19% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Cantor Fitzgerald restated a "neutral" rating on shares of Sprinklr in a report on Thursday, September 3rd. Rosenblatt Securities reissued a "buy" rating and set a $8.50 price target on shares of Sprinklr in a research note on Thursday, September 3rd. UBS Group set a $7.50 target price on Sprinklr in a research note on Thursday, September 3rd. Wall Street Zen upgraded Sprinklr from a "hold" rating to a "buy" rating in a report on Monday, October 19th. Finally, Citigroup restated a "market outperform" rating on shares of Sprinklr in a report on Monday, September 14th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $8.21.

Sprinklr Company Profile

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