CFO Sarin Manish sold 199,817 shares (199.8K) for $1.8M across 3 trades, reducing stake by 21.4%; prior same-ticker sells all declined 30%+ within 90 days.
Sarin Manish, CFO of Sprinklr, executed three separate sales totaling 199,817 shares for $1,810,585.43 at an average price of $9.06, reducing his holdings from 932,238 shares to 732,421 shares. His prior trades at CXM show a consistent pattern: all 3 prior sells at this ticker were followed by 90-day declines, with returns of -11.9%, -12.8%, and -8.7% respectively in the 30-day window, and -31.8%, -32.4%, and -1.4% at the 90-day mark—a 100% success rate on same-ticker sells. This filing occurs when the stock is trading at $9.12, within its 52-week range of $6.88–$9.99 and still -8.7% below its 52-week high, suggesting the insider may be acting ahead of expected further deterioration. The company reported negative net income of $-1.6M on $205.5M in quarterly revenue and shows a P/E of 19.40, indicating valuation may not reflect recent profitability challenges.