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General Counsel of Sprinklr , Inc. (NYSE:CXM), a $2.1 billion market cap company with strong financial health and profitable operations, Scott Jacob, sold 62,422 shares of Class A Common Stock on June 20, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at weighted average prices ranging from $7.95 to $8.10, with the transaction resulting in total proceeds of approximately $498,751. According to InvestingPro, the company maintains a robust balance sheet with more cash than debt and high shareholder yield.
Following the transaction, Jacob directly owns 441,664 shares of Sprinklr, Inc. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 21, 2025. InvestingPro analysis indicates the stock is currently undervalued, with 8 additional exclusive insights available to subscribers.
In other recent news, Sprinklr Inc. reported strong fiscal first-quarter 2026 results, surpassing expectations with a non-GAAP earnings per share of $0.12, which exceeded the consensus estimate of $0.05. Revenue for the quarter reached $205.5 million, also beating the forecast of $201.8 million, marking a 5% year-over-year increase. Analysts from Citizens JMP maintained a Market Outperform rating with a price target of $17.00, while DA Davidson raised their price target to $9 from $8, maintaining a Neutral rating. Stifel analysts reiterated a Hold rating, highlighting the company’s profitability gains and operational improvements.
Additionally, Sprinklr shareholders elected three directors to the board and approved the compensation of the company’s named executive officers. The company also ratified KPMG LLP as its independent registered public accounting firm for the fiscal year ending January 31, 2026. Sprinklr is focusing on efficiency and has implemented a new business management system, resulting in record free cash flow and improved non-GAAP operating margins. Key initiatives include "Project Bear Hug," aimed at integrating various company functions and engaging with top customers, with early positive results reported.
Sprinklr’s CEO, Rory Read, emphasized that fiscal year 2026 is a transitional period, with plans to reinvest in areas such as artificial intelligence development and go-to-market strategies. Despite challenges in sales cycles and customer renewals, the company is optimistic about its long-term growth prospects. Sprinklr continues to expand its customer base, with notable wins including Calvin Klein, LG Electronics, and Pepsi, and has been recognized by Gartner (NYSE:IT) and Forrester for its innovation and platform vision.
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