Lavelle Capital LP Purchases Shares of 101,215 Sprinklr, Inc. $CXM

Lavelle Capital LP purchased a new position in shares of Sprinklr, Inc. (NYSE:CXM) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 101,215 shares of the company’s stock, valued at approximately $607,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Aster Capital Management DIFC Ltd increased its holdings in shares of Sprinklr by 148.9% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after acquiring an additional 1,940 shares during the last quarter. Summit Securities Group LLC lifted its stake in Sprinklr by 210.8% during the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after purchasing an additional 3,101 shares during the last quarter. Essential Partners LLC boosted its holdings in Sprinklr by 563.7% in the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after purchasing an additional 3,771 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Sprinklr by 24,370.6% in the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after purchasing an additional 4,143 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in Sprinklr in the fourth quarter valued at approximately $38,000. 40.19% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Karthik Suri sold 41,852 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $5.14, for a total value of $215,119.28. Following the completion of the sale, the insider directly owned 1,111,472 shares of the company’s stock, valued at approximately $5,712,966.08. This represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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, insider Sanjay Macwan sold 27,277 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total value of $144,568.10. Following the transaction, the insider directly owned 552,933 shares in the company, valued at approximately $2,930,544.90. This represents a 4.70% 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 valued at $1,711,168 in the last quarter. Corporate insiders own 25.18% of the company’s stock.

Sprinklr Trading Up 2.6%

Shares of CXM opened at $6.36 on Friday. The firm has a market cap of $1.49 billion, a PE ratio of 53.02 and a beta of 0.60. The company’s 50 day simple moving average is $5.50 and its 200-day simple moving average is $5.68. Sprinklr, Inc. has a 12-month low of $4.72 and a 12-month high of $9.20.

Sprinklr (NYSE:CXM) last announced its earnings results on Wednesday, June 3rd. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $219.48 million for the quarter, compared to analysts’ expectations of $215.89 million. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.12 EPS. 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 forecast that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Sprinklr Company 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.