195,943 Shares in Sprinklr, Inc. $CXM Acquired by Inspire Advisors LLC

Inspire Advisors LLC bought a new position in shares of Sprinklr, Inc. (NYSE:CXMFree Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 195,943 shares of the company’s stock, valued at approximately $1,658,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its position in shares of Sprinklr by 4.4% during the first quarter. Bank of New York Mellon Corp now owns 1,560,184 shares of the company’s stock worth $13,028,000 after acquiring an additional 65,897 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Sprinklr by 5.3% during the 1st quarter. Victory Capital Management Inc. now owns 91,714 shares of the company’s stock worth $766,000 after purchasing an additional 4,644 shares in the last quarter. Allianz Asset Management GmbH bought a new position in Sprinklr during the 1st quarter worth about $276,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Sprinklr in the 1st quarter valued at about $142,000. Finally, XTX Topco Ltd bought a new stake in shares of Sprinklr in the first quarter valued at about $411,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

Insider Buying and Selling at Sprinklr

In related news, Director Ragy Thomas sold 28,916 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $7.75, for a total value of $224,099.00. Following the sale, the director owned 737,301 shares in the company, valued at approximately $5,714,082.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Neeraj Agrawal sold 150,000 shares of Sprinklr stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $7.61, for a total transaction of $1,141,500.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 732,709 shares of company stock worth $5,557,979 in the last three months. 60.53% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sprinklr in a report on Wednesday, October 8th. Rosenblatt Securities reiterated a “buy” rating and issued a $12.00 price objective on shares of Sprinklr in a report on Tuesday, September 30th. Wall Street Zen lowered shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Barclays decreased their target price on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Wednesday, September 3rd. Finally, Citigroup cut their price target on shares of Sprinklr from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 9th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $10.00.

Check Out Our Latest Stock Report on Sprinklr

Sprinklr Trading Down 3.5%

Shares of CXM opened at $7.03 on Tuesday. The company’s fifty day simple moving average is $7.67 and its 200 day simple moving average is $8.19. Sprinklr, Inc. has a 1-year low of $6.75 and a 1-year high of $9.69. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 15.61 and a beta of 0.78.

Sprinklr (NYSE:CXMGet Free Report) last issued its earnings results on Wednesday, September 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $212.04 million during the quarter, compared to the consensus estimate of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. Sprinklr’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $0.07 EPS. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. As a group, research analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

Sprinklr Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CXM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprinklr, Inc. (NYSE:CXMFree Report).

Institutional Ownership by Quarter for Sprinklr (NYSE:CXM)

Receive News & Ratings for Sprinklr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprinklr and related companies with MarketBeat.com's FREE daily email newsletter.