Sprinklr, Inc. (NYSE:CXM) Short Interest Update

Key Points

• Short interest jumped 72.7% in March to 30,396,270 shares (about 30.9% of the stock) with a short-interest ratio of 7.0 days, indicating elevated bearish positioning.
• Sprinklr beat the quarter expectations, reporting $0.13 EPS vs. $0.10 and revenue of $220.59M (up 8.9% YoY), and set FY27 EPS guidance of 0.470–0.480.
• Senior insiders have been selling recently (CTO Amitabh Misra and CEO Rory P. Read among them), with 361,251 shares sold in the last 90 days, though corporate insiders still hold 60.53% of the company.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 30,396,270 shares, a growth of 72.7% from the March 15th total of 17,599,578 shares. Approximately 30.9% of the company's stock are short sold. Based on an average trading volume of 4,333,003 shares, the short-interest ratio is presently 7.0 days.

Sprinklr Trading Down 0.1%

NYSE:CXM traded down $0.01 during mid-day trading on Monday, hitting $5.40. 776,427 shares of the company's stock traded hands, compared to its average volume of 2,711,103. The firm has a 50 day moving average of $5.81 and a two-hundred day moving average of $6.89. Sprinklr has a 12 month low of $5.12 and a 12 month high of $9.40. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 59.73 and a beta of 0.73.

Sprinklr (NYSE:CXM - Get Free Report) last announced its earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The firm had revenue of $220.59 million during the quarter, compared to the consensus estimate of $216.93 million. During the same quarter in the prior year, the company earned $0.10 EPS. The firm's revenue for the quarter was up 8.9% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. As a group, equities research analysts expect that Sprinklr will post 0.1 earnings per share for the current year.

Insiders Place Their Bets

In other Sprinklr news, CTO Amitabh Misra sold 34,189 shares of the business's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $5.85, for a total value of $200,005.65. Following the completion of the sale, the chief technology officer directly owned 970,753 shares of the company's stock, valued at $5,678,905.05. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Rory P. Read sold 87,795 shares of the business's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total transaction of $526,770.00. Following the completion of the sale, the chief executive officer directly owned 1,506,270 shares of the company's stock, valued at $9,037,620. This represents a 5.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 361,251 shares of company stock valued at $2,345,083 over the last ninety days. Corporate insiders own 60.53% of the company's stock.

Hedge Funds Weigh In On Sprinklr

Large investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its holdings in Sprinklr by 2,385.5% in the 3rd quarter. Pacer Advisors Inc. now owns 694,200 shares of the company's stock valued at $5,359,000 after acquiring an additional 666,270 shares in the last quarter. SG Americas Securities LLC raised its holdings in Sprinklr by 11,204.2% in the 4th quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company's stock valued at $35,250,000 after acquiring an additional 4,490,746 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in Sprinklr by 41.8% in the 3rd quarter. First Eagle Investment Management LLC now owns 1,071,681 shares of the company's stock valued at $8,273,000 after acquiring an additional 315,953 shares in the last quarter. CWA Asset Management Group LLC raised its holdings in Sprinklr by 646.6% in the 3rd quarter. CWA Asset Management Group LLC now owns 187,763 shares of the company's stock valued at $1,450,000 after acquiring an additional 162,613 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Sprinklr by 20.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company's stock valued at $135,653,000 after acquiring an additional 2,966,556 shares in the last quarter. Institutional investors and hedge funds own 40.19% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CXM. Citigroup decreased their price target on Sprinklr from $9.00 to $7.00 and set a "neutral" rating for the company in a research note on Thursday, March 12th. Weiss Ratings downgraded Sprinklr from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday, March 30th. Morgan Stanley decreased their price target on Sprinklr from $10.00 to $7.00 and set an "equal weight" rating for the company in a research note on Monday, March 16th. Wall Street Zen upgraded Sprinklr from a "hold" rating to a "buy" rating in a research note on Saturday, March 14th. Finally, DA Davidson decreased their price target on Sprinklr from $9.00 to $6.50 and set a "neutral" rating for the company in a research note on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Sprinklr presently has a consensus rating of "Reduce" and an average price target of $8.31.

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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