Jacob Scott Sells Shares of Sprinklr, Inc. (CXM)

Jacob Scott, Sprinklr's General Counsel, sold 16,380 shares worth $86,814.

Written by EarningsIQ · Published Jun 18, 2026, 5:05 PM EDT

Key Points

Jacob Scott, General Counsel at Sprinklr, Inc., sold 16,380 shares on June 16, 2026, at an average price of $5.30 each, totaling $86,814.
Sprinklr, Inc. has a market cap of approximately $1.20 billion and trades on the NYSE under the ticker CXM, with a P/E ratio of 42.67.
Recent insider transactions include sales by CEO Rory Read and others, while analysts maintain a hold rating with a mean target price of $7.88.

On June 16, 2026, Jacob Scott, the General Counsel and Corporate Secretary of Sprinklr, Inc. (NYSE: CXM), sold 16,380 shares of the company. The shares were sold at an average price of $5.30, bringing the total transaction value to $86,814. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Sprinklr, Inc.

Several insiders at Sprinklr have been active in the market recently. On June 16, 2026, Rory Read, the company's President and CEO, sold 143,654 shares at $5.30 each. Chief Technology Officer Amitabh Misra and Chief Information Officer Sanjay Macwan also sold shares on the same day. Additionally, Chief Product & CSO Suri Karthik sold shares in two separate transactions on June 16 and June 17, 2026, under a pre-planned trading program.

Other Institutional Activity in Sprinklr, Inc.

Institutional investors have also been adjusting their positions in Sprinklr. BlackRock, Inc. increased its holdings by 1,369,237 shares, ending with 19,114,260 shares valued at about $114.69 million. SG Americas Securities, LLC significantly boosted its position by 3,846,652 shares, bringing its total to 8,377,479 shares worth approximately $50.27 million. Meanwhile, Vanguard Portfolio Management LLC acquired 10,482,067 shares, now holding the same number valued at around $62.89 million.

Sprinklr, Inc. Stock Snapshot

Shares of Sprinklr, Inc. are currently trading around $5.03. The company has a market capitalization of approximately $1.20 billion and a P/E ratio of 42.67, with a forward P/E of 9.41. Its beta is 0.587, indicating lower volatility compared to the broader market. The stock's 52-week range is between $4.72 and $9.40, with a 50-day moving average of $5.30 and a 200-day moving average of $6.60.

Recent Earnings

In its most recent earnings report, Sprinklr, Inc. posted revenue of $871.18 million, reflecting a 6.8% growth. The company achieved a net margin of 3.29% and a return on equity of 5.08%. Earnings per share were $0.12. The next earnings release is scheduled for September 2, 2026.

Analysts Set New Price Targets

On June 4, 2026, Citigroup and DA Davidson both maintained their hold ratings on Sprinklr, Inc., with a price target of $6.00. Rosenblatt also maintained a buy rating with a target of $8.50. Overall, the consensus among analysts is a hold rating, with a mean target price of $7.88 based on eight analyst opinions.

About Sprinklr, Inc.

Sprinklr, Inc. is a technology company headquartered in New York, New York. It offers enterprise cloud software products through its Unified Customer Experience Management platform. This platform helps customer-facing teams collaborate and communicate across digital and traditional channels using AI. Sprinklr provides various solutions, including Sprinklr Service, Social, Insights, and Marketing, catering to different customer needs. The company is led by CEO Rory P. Read and employs approximately 3,258 people.

Bottom Line

Jacob Scott's recent sale of shares in Sprinklr, Inc. is part of a broader pattern of insider transactions at the company. While insiders are selling, institutional investors have been adjusting their stakes, with some increasing their holdings. Sprinklr's stock is currently trading below its recent highs, and analysts are maintaining a hold rating with a cautious outlook. As always, remember that insider and institutional activities are just one piece of the puzzle when assessing a company's stock.