Sprinklr (NYSE:CXM) Cut to “Hold” at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen cut shares of Sprinklr (NYSE:CXM – Free Report) from a buy rating to a hold rating in a research note released on Saturday morning,Wall Street Zen reports.

CXM has been the subject of a number of other reports. Weiss Ratings upgraded shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Rosenblatt Securities restated a “buy” rating and set a $8.50 target price on shares of Sprinklr in a research note on Thursday, September 3rd. UBS Group set a $7.50 price target on Sprinklr in a research report on Thursday. Morgan Stanley increased their price objective on Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a research report on Thursday, September 3rd. Finally, Citigroup raised their price objective on shares of Sprinklr from $6.00 to $8.00 and gave the stock a “neutral” rating in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $8.21.

Get Our Latest Stock Analysis on Sprinklr

Sprinklr Stock Performance

Shares of NYSE CXM opened at $5.91 on Friday. The business has a 50 day simple moving average of $6.40 and a 200 day simple moving average of $5.80. Sprinklr has a 52 week low of $4.72 and a 52 week high of $8.27. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 59.11 and a beta of 0.65.

Sprinklr (NYSE:CXM – Get Free Report) last posted its earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $214.45 million. During the same period in the previous year, the company earned $0.13 earnings per share. The company’s revenue was up .8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. On average, analysts predict that Sprinklr will post 0.23 EPS for the current year.

Insider Buying and Selling

In related news, General Counsel Jacob Scott sold 71,585 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $6.97, for a total transaction of $498,947.45. Following the completion of the transaction, the general counsel owned 576,827 shares in the company, valued at $4,020,484.19. This trade represents a 11.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Rory Read sold 143,654 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $761,366.20. Following the completion of the sale, the chief executive officer directly owned 3,419,190 shares in the company, valued at approximately $18,121,707. This represents a 4.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 395,880 shares of company stock worth $2,210,116. Insiders own 25.18% of the company’s stock.

Institutional Trading of Sprinklr

Several large investors have recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd boosted its holdings in shares of Sprinklr by 148.9% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after acquiring an additional 1,940 shares in the last quarter. Larson Financial Group LLC boosted its stake in Sprinklr by 24,370.6% in the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock worth $32,000 after purchasing an additional 4,143 shares in the last quarter. Essential Partners LLC boosted its stake in 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 purchasing an additional 3,771 shares in the last quarter. Summit Securities Group LLC grew its holdings in shares of Sprinklr by 210.8% during the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after purchasing 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 $38,000. 40.19% of the stock is owned by institutional investors.

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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