Rory Read Sells 138,505 Shares of Sprinklr (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXMGet Free Report) CEO Rory Read sold 138,505 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $7.13, for a total value of $987,540.65. Following the transaction, the chief executive officer owned 1,672,108 shares of the company’s stock, valued at approximately $11,922,130.04. The trade was a 7.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Sprinklr Trading Down 4.7%

NYSE:CXM opened at $6.63 on Friday. The business’s 50-day moving average is $7.52 and its 200 day moving average is $7.96. Sprinklr, Inc. has a 12 month low of $6.62 and a 12 month high of $9.69. The company has a market capitalization of $1.64 billion, a P/E ratio of 15.79 and a beta of 0.77.

Sprinklr (NYSE:CXMGet Free Report) last released its quarterly earnings data on Wednesday, December 3rd. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. The business had revenue of $219.07 million for the quarter, compared to the consensus estimate of $209.56 million. Sprinklr had a return on equity of 8.03% and a net margin of 13.42%.The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. On average, research analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

CXM has been the subject of a number of recent research reports. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 price objective on shares of Sprinklr in a research note on Thursday, December 4th. Citigroup reiterated a “market outperform” rating on shares of Sprinklr in a research report on Friday. Weiss Ratings upgraded Sprinklr from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, January 7th. Wall Street Zen lowered Sprinklr from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, DA Davidson reissued a “neutral” rating and set a $9.00 target price on shares of Sprinklr in a research report on Thursday, December 4th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Sprinklr presently has an average rating of “Hold” and an average target price of $9.89.

Get Our Latest Stock Analysis on CXM

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC lifted its holdings in Sprinklr by 9.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 44,863 shares of the company’s stock valued at $328,000 after buying an additional 4,004 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Sprinklr by 11,204.2% during the fourth 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. Diversified Trust Co. raised its stake in shares of Sprinklr by 24.6% during the fourth quarter. Diversified Trust Co. now owns 24,862 shares of the company’s stock valued at $193,000 after acquiring an additional 4,903 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Sprinklr by 49.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,267 shares of the company’s stock worth $115,000 after purchasing an additional 5,078 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Sprinklr by 44.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 624,918 shares of the company’s stock worth $4,824,000 after purchasing an additional 192,683 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

About Sprinklr

(Get Free Report)

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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