Sprinklr, Inc. (NYSE:CXM – Free Report) – Equities research analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for Sprinklr in a research note issued on Monday, June 9th. Scotiabank analyst A. Verkhovski now expects that the company will earn $0.15 per share for the year, up from their previous estimate of $0.14. Scotiabank currently has a “Sector Perform” rating and a $9.00 target price on the stock. The consensus estimate for Sprinklr’s current full-year earnings is $0.10 per share.
Sprinklr (NYSE:CXM – Get Free Report) last released its earnings results on Wednesday, June 4th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $205.50 million for the quarter, compared to analyst estimates of $201.83 million. Sprinklr had a return on equity of 7.84% and a net margin of 5.59%. The business’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 earnings per share.
Check Out Our Latest Report on Sprinklr
Sprinklr Price Performance
CXM stock opened at $8.11 on Thursday. Sprinklr has a 12 month low of $6.75 and a 12 month high of $10.27. The firm’s 50-day moving average is $7.94 and its 200 day moving average is $8.45. The company has a market capitalization of $2.08 billion, a PE ratio of 50.69, a P/E/G ratio of 2.31 and a beta of 0.81.
Insider Buying and Selling at Sprinklr
In other news, Director Neeraj Agrawal sold 378,940 shares of the company’s stock in a transaction on Monday, June 9th. The stock was sold at an average price of $8.76, for a total transaction of $3,319,514.40. Following the transaction, the director now directly owns 321,304 shares of the company’s stock, valued at approximately $2,814,623.04. This represents a 54.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Roger H. Lee sold 285,439 shares of the stock in a transaction on Friday, June 6th. The shares were sold at an average price of $8.68, for a total value of $2,477,610.52. Following the sale, the insider now owns 229,360 shares of the company’s stock, valued at approximately $1,990,844.80. This represents a 55.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 870,955 shares of company stock worth $7,593,502 over the last quarter. Insiders own 60.53% of the company’s stock.
Institutional Investors Weigh In On Sprinklr
Several institutional investors have recently added to or reduced their stakes in CXM. GAMMA Investing LLC raised its position in shares of Sprinklr by 209.5% in the 1st quarter. GAMMA Investing LLC now owns 3,677 shares of the company’s stock valued at $31,000 after purchasing an additional 2,489 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Sprinklr by 100.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,856 shares of the company’s stock valued at $33,000 after purchasing an additional 1,928 shares in the last quarter. Ancora Advisors LLC purchased a new position in shares of Sprinklr in the fourth quarter worth $34,000. Quarry LP lifted its stake in shares of Sprinklr by 5,071.8% during the first quarter. Quarry LP now owns 7,706 shares of the company’s stock worth $64,000 after buying an additional 7,557 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in shares of Sprinklr during the fourth quarter valued at $89,000. Institutional investors and hedge funds own 40.19% of the company’s stock.
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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