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In a recent transaction, Roger H. Lee, a significant shareholder of Sprinklr , Inc. (NYSE:CXM), sold a substantial portion of his holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Lee disposed of 285,439 shares of Class A Common Stock on June 6, 2025. The shares were sold at a weighted average price of $8.68, generating approximately $2.48 million. The transaction occurred in Sprinklr, a company currently valued at $2.28 billion that maintains excellent financial health according to InvestingPro metrics, with a robust 71% gross margin.
The transaction marks a significant move by Lee, who is identified as a ten percent owner of Sprinklr. Post-transaction, Lee’s ownership details reflect a diverse portfolio held indirectly through various entities, including trusts and investment partnerships associated with Battery Ventures. Despite the sale, Lee continues to hold a significant number of shares through these entities. Notably, InvestingPro analysis suggests the stock is currently undervalued, with management actively buying back shares and maintaining more cash than debt on its balance sheet.
This transaction comes as part of Lee’s ongoing management of his investment portfolio, with no indication of his future plans for his remaining holdings in Sprinklr. Investors and market watchers will likely be keeping a close eye on any further developments. For deeper insights into insider transactions and comprehensive analysis, including 12 additional ProTips, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, Sprinklr Inc. reported robust fiscal first-quarter 2026 results, exceeding analysts’ expectations. The company achieved a non-GAAP earnings per share of $0.12, surpassing the consensus estimate of $0.05, and reported revenue of $205.5 million, which exceeded the forecast of $201.8 million. Citizens JMP analysts maintained their Market Outperform rating with a price target of $17.00, reflecting confidence in the company’s performance. Meanwhile, DA Davidson raised its price target for Sprinklr to $9 from $8, maintaining a Neutral rating, acknowledging the company’s stabilizing net revenue retention and performance obligations. Stifel analysts reiterated a Hold rating with a $10.00 price target, citing Sprinklr’s improved profitability and operational efficiency. The company continues to focus on long-term growth and reinvestment, particularly in artificial intelligence and go-to-market strategies. Sprinklr’s "Project Bear Hug" initiative aims to strengthen relationships with its top customers, showing early positive results. These developments indicate Sprinklr’s ongoing efforts to optimize operations and drive future growth.
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