Sprinklr (NYSE:CXM) Director Neeraj Agrawal Sells 150,000 Shares

Key Points

• Neeraj Agrawal, Director of Sprinklr, sold a total of 150,000 shares on October 8 at an average price of $7.61, amounting to $1,141,500.
• Sprinklr's stock currently trades at $7.64 with a market cap of $1.87 billion, reflecting a 1.3% increase in midday trading.
• The company reported a quarterly EPS of $0.13, surpassing analysts' expectations, with a year-over-year revenue growth of 7.5%.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) Director Neeraj Agrawal sold 150,000 shares of the company's stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $7.61, for a total value of $1,141,500.00. The sale was disclosed in a filing with the SEC, which is available at this link.

Neeraj Agrawal also recently made the following trade(s):

• On Tuesday, October 7th, Neeraj Agrawal sold 135,000 shares of Sprinklr stock. The shares were sold at an average price of $7.51, for a total value of $1,013,850.00.
• On Monday, October 6th, Neeraj Agrawal sold 89,479 shares of Sprinklr stock. The stock was sold at an average price of $7.78, for a total value of $696,146.62.

Sprinklr Trading Up 1.3%

Sprinklr stock traded up $0.10 during midday trading on Wednesday, reaching $7.64. The company's stock had a trading volume of 1,394,189 shares, compared to its average volume of 1,780,562. Sprinklr, Inc. has a 52 week low of $6.75 and a 52 week high of $9.69. The business has a 50-day moving average price of $8.13 and a 200-day moving average price of $8.21. The stock has a market cap of $1.87 billion, a PE ratio of 16.98 and a beta of 0.78.

Sprinklr (NYSE:CXM - Get Free Report) last announced its quarterly earnings results on Wednesday, September 3rd. The company reported $0.13 EPS 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 return on equity of 8.59% and a net margin of 14.64%.The business's revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last 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, research analysts predict that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Sprinklr

Several institutional investors have recently bought and sold shares of the stock. Lavaca Capital LLC boosted its holdings in Sprinklr by 10,229.0% during the 2nd quarter. Lavaca Capital LLC now owns 67,655 shares of the company's stock valued at $572,000 after acquiring an additional 67,000 shares during the period. Squarepoint Ops LLC purchased a new stake in Sprinklr in the 2nd quarter worth approximately $641,000. Thrivent Financial for Lutherans lifted its holdings in Sprinklr by 2.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company's stock worth $714,000 after buying an additional 2,274 shares during the period. State of Wyoming purchased a new stake in Sprinklr in the 2nd quarter worth approximately $140,000. Finally, Public Sector Pension Investment Board lifted its holdings in Sprinklr by 10.4% in the 2nd quarter. Public Sector Pension Investment Board now owns 391,337 shares of the company's stock worth $3,311,000 after buying an additional 36,774 shares during the period. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CXM shares. Citigroup cut their price objective on Sprinklr from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Tuesday, September 9th. Barclays lowered their target price on Sprinklr from $9.00 to $8.00 and set an "underweight" rating on the stock in a research note on Wednesday, September 3rd. Rosenblatt Securities restated a "buy" rating and issued a $12.00 target price on shares of Sprinklr in a research note on Tuesday, September 30th. JMP Securities restated a "market outperform" rating and issued a $17.00 target price on shares of Sprinklr in a research note on Friday, June 27th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Sprinklr in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $10.00.

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.

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