Integrated Quantitative Investments LLC Invests $974,000 in Sprinklr, Inc. $CXM

Integrated Quantitative Investments LLC acquired a new position in shares of Sprinklr, Inc. (NYSE:CXM) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 126,230 shares of the company’s stock, valued at approximately $974,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of 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 buying an additional 2,478 shares in the last quarter. Millennium Management LLC grew its stake in Sprinklr by 4.6% during 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 in the last quarter. Caxton Associates LLP purchased a new position in shares of Sprinklr in the 1st quarter valued at about $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Sprinklr by 4.0% during the first 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 buying an additional 10,136 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Sprinklr during the second quarter worth approximately $409,000. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Sprinklr Trading Up 0.1%

Shares of CXM opened at $5.95 on Thursday. The firm has a market capitalization of $1.47 billion, a P/E ratio of 14.15 and a beta of 0.78. Sprinklr, Inc. has a twelve month low of $5.12 and a twelve month high of $9.69. The firm’s 50-day moving average is $6.50 and its two-hundred day moving average is $7.32.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, December 3rd. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. Sprinklr had a net margin of 13.42% and a return on equity of 8.03%. The business had revenue of $219.07 million for the quarter, compared to analyst estimates of $209.56 million. During the same period in the previous year, the firm earned $0.10 EPS. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. Analysts predict that Sprinklr, Inc. will post 0.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on CXM shares. Citigroup reiterated a “market outperform” rating on shares of Sprinklr in a research note on Friday, January 16th. Wall Street Zen downgraded Sprinklr from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. DA Davidson reiterated a “neutral” rating and issued a $9.00 price objective on shares of Sprinklr in a report on Thursday, December 4th. Rosenblatt Securities restated a “buy” rating and set a $12.00 target price on shares of Sprinklr in a research note on Thursday, December 4th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $8.00 target price on shares of Sprinklr in a research report on Wednesday, December 3rd. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $9.89.

Insider Buying and Selling at Sprinklr

In other news, Director Yvette Kanouff sold 116,226 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $7.86, for a total value of $913,536.36. Following the completion of the transaction, the director directly owned 239,928 shares of the company’s stock, valued at $1,885,834.08. The trade was a 32.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CMO Arun Pattabhiraman sold 16,533 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total value of $128,626.74. Following the sale, the chief marketing officer directly owned 517,878 shares in the company, valued at approximately $4,029,090.84. The trade was a 3.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 613,650 shares of company stock worth $4,384,853. 60.53% of the stock is currently owned by insiders.

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.