Globeflex Capital L P Purchases New Holdings in Sprinklr, Inc. $CXM

Globeflex Capital L P bought a new position in Sprinklr, Inc. (NYSE:CXM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 253,891 shares of the company’s stock, valued at approximately $1,310,000. Globeflex Capital L P owned 0.11% of Sprinklr as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Sprinklr by 2.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock valued at $988,000 after purchasing an additional 2,478 shares in the last quarter. Millennium Management LLC increased its position in Sprinklr by 4.6% in the 1st quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock worth $4,854,000 after purchasing an additional 25,609 shares during the last quarter. Caxton Associates LLP purchased a new stake in shares of Sprinklr during the 1st quarter worth about $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Sprinklr by 4.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock worth $2,177,000 after purchasing an additional 10,136 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Sprinklr by 166.9% during the 2nd quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock valued at $1,453,000 after buying an additional 107,394 shares during the last quarter. 40.19% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CXM. DA Davidson dropped their price target 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. Citigroup reduced their price objective on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Rosenblatt Securities lowered their target price on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Finally, Weiss Ratings upgraded Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $7.79.

Insider Buying and Selling at Sprinklr

In related news, insider Joy Corso sold 33,635 shares of Sprinklr stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $178,265.50. Following the completion of the transaction, the insider directly owned 1,175,616 shares of the company’s stock, valued at $6,230,764.80. This trade represents a 2.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Jacob Scott sold 71,585 shares of Sprinklr stock in a transaction on Monday, August 10th. The shares were sold at an average price of $6.97, for a total value of $498,947.45. Following the completion of the transaction, the general counsel owned 576,827 shares of the company’s stock, valued at approximately $4,020,484.19. The trade was a 11.04% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 395,880 shares of company stock worth $2,210,116 over the last three months. 25.18% of the stock is currently owned by insiders.

Sprinklr Price Performance

NYSE:CXM opened at $7.43 on Tuesday. The stock has a market cap of $1.74 billion, a P/E ratio of 61.93 and a beta of 0.58. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $8.85. The company has a fifty day moving average price of $5.97 and a 200 day moving average price of $5.70.

Sprinklr (NYSE:CXM) last released its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $219.48 million for the quarter, compared to the consensus estimate of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the business earned $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. As a group, equities research analysts anticipate that Sprinklr, Inc. will post 0.23 EPS for the current year.

Sprinklr Profile

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.