Jacob Scott Sells 71,585 Shares of Sprinklr (NYSE:CXM) Stock

Key Points

• Sprinklr General Counsel Jacob Scott sold 71,585 shares at an average price of $6.97, generating approximately $498,947. The Rule 10b5-1 transaction reduced his direct ownership by 11.04% to 576,827 shares.
• Sprinklr shares fell 1.5% to $6.77, with the stock trading between a 52-week low of $4.72 and high of $8.85. The company recently beat quarterly earnings and revenue expectations, reporting $0.11 EPS and $219.48 million in revenue.
• Analysts maintain a consensus “Hold” rating, with an average price target of $7.79; recent firms lowered targets, including Citigroup to $6.00 and DA Davidson to $6.00.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) General Counsel Jacob Scott sold 71,585 shares of the company's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $6.97, for a total transaction of $498,947.45. Following the completion of the sale, the general counsel directly owned 576,827 shares in the company, valued at approximately $4,020,484.19. The trade was a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jacob Scott also recently made the following trade(s):

• On Monday, June 22nd, Jacob Scott sold 2,724 shares of Sprinklr stock. The stock was sold at an average price of $4.97, for a total value of $13,538.28.
• On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The shares were sold at an average price of $5.30, for a total value of $86,814.00.

Sprinklr Stock Down 1.5%

Shares of CXM stock traded down $0.10 on Wednesday, hitting $6.77. The company had a trading volume of 1,894,047 shares, compared to its average volume of 3,389,570. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $8.85. The firm has a market cap of $1.59 billion, a P/E ratio of 56.42 and a beta of 0.58. The company has a 50-day moving average price of $5.67 and a 200-day moving average price of $5.67.

Sprinklr (NYSE:CXM - Get Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The company had revenue of $219.48 million during the quarter, compared to analysts' expectations of $215.89 million. During the same period last year, the business earned $0.12 earnings per share. Sprinklr's quarterly revenue was up 6.8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Equities research analysts expect that Sprinklr, Inc. will post 0.23 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on CXM. Citigroup dropped their price target on shares of Sprinklr from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Thursday, June 4th. Rosenblatt Securities lowered their target price on shares of Sprinklr from $12.00 to $8.50 and set a "buy" rating on the stock in a research note on Thursday, June 4th. DA Davidson dropped their price objective on Sprinklr from $6.25 to $6.00 and set a "neutral" rating on the stock in a report on Thursday, June 4th. Finally, Weiss Ratings upgraded Sprinklr from a "sell (d)" rating to a "sell (d+)" rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $7.79.

Hedge Funds Weigh In On Sprinklr

Hedge funds and other institutional investors have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd raised its stake in Sprinklr by 148.9% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company's stock valued at $25,000 after purchasing an additional 1,940 shares during the last quarter. Larson Financial Group LLC grew its holdings in shares of Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company's stock worth $32,000 after buying an additional 4,143 shares in the last quarter. Essential Partners LLC grew its holdings in shares of Sprinklr by 563.7% during 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 raised its position 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 buying an additional 3,101 shares during the last quarter. Finally, Empowered Funds LLC acquired a new stake in shares of Sprinklr in the fourth quarter valued at about $38,000. Hedge funds and other institutional investors own 40.19% of the company's stock.

Sprinklr Company Profile

Sprinklr, Inc NYSE: CXM is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.

Sprinklr's platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.

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