Globeflex Capital L P Purchases 163,274 Shares of Sprinklr, Inc. $CXM

Globeflex Capital L P grew its position in shares of Sprinklr, Inc. (NYSE:CXM) by 180.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 253,891 shares of the company’s stock after acquiring an additional 163,274 shares during the period. Globeflex Capital L P owned about 0.10% of Sprinklr worth $1,523,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. State of Wyoming lifted its stake in shares of Sprinklr by 10.3% in the 1st quarter. State of Wyoming now owns 119,592 shares of the company’s stock valued at $718,000 after purchasing an additional 11,155 shares during the period. First Trust Advisors LP grew its stake in Sprinklr by 214.3% in the first quarter. First Trust Advisors LP now owns 634,417 shares of the company’s stock worth $3,807,000 after purchasing an additional 432,565 shares during the period. Dimensional Fund Advisors LP raised its holdings in Sprinklr by 19.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock worth $15,891,000 after purchasing an additional 438,083 shares in the last quarter. Parallel Advisors LLC raised its holdings in Sprinklr by 42.6% in the first quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock worth $44,000 after purchasing an additional 2,171 shares in the last quarter. Finally, Swiss National Bank lifted its position in Sprinklr by 2.5% during the first quarter. Swiss National Bank now owns 244,600 shares of the company’s stock valued at $1,468,000 after buying an additional 5,900 shares during the period. Institutional investors own 40.19% of the company’s stock.

Analyst Ratings Changes

CXM has been the topic of a number of research reports. Weiss Ratings cut shares of Sprinklr from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, July 10th. Rosenblatt Securities lowered their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research report on Thursday, June 4th. Citigroup dropped their price objective on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Finally, DA Davidson dropped their price objective on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Sprinklr has a consensus rating of “Hold” and a consensus price target of $7.79.

Sprinklr Trading Down 3.9%

Sprinklr stock opened at $5.57 on Thursday. The business’s fifty day simple moving average is $5.37 and its two-hundred day simple moving average is $5.74. Sprinklr, Inc. has a 12 month low of $4.72 and a 12 month high of $9.40. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 46.38 and a beta of 0.60.

Sprinklr (NYSE:CXM) last released its earnings results on Wednesday, June 3rd. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $219.48 million for the quarter, compared to analysts’ expectations of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.12 earnings per share. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. On average, equities research analysts predict that Sprinklr, Inc. will post 0.23 EPS for the current year.

Insider Activity at Sprinklr

In other Sprinklr news, insider Karthik Suri sold 41,852 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $5.14, for a total transaction of $215,119.28. Following the completion of the sale, the insider directly owned 1,111,472 shares in the company, valued at approximately $5,712,966.08. This trade represents a 3.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Amitabh Misra sold 29,180 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $154,654.00. Following the sale, the chief technology officer owned 854,779 shares in the company, valued at approximately $4,530,328.70. The trade was a 3.30% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 324,295 shares of company stock worth $1,711,168 in the last ninety days. 25.18% of the stock is currently owned by company insiders.

About Sprinklr

Sprinklr, Inc (NYSE: CXM) is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.

Sprinklr’s platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.