Nano Cap New Millennium Growth Fund L P Invests $914,000 in Sprinklr, Inc. $CXM

Nano Cap New Millennium Growth Fund L P bought a new position in Sprinklr, Inc. (NYSE:CXM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 117,500 shares of the company’s stock, valued at approximately $914,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cresset Asset Management LLC lifted its holdings in Sprinklr by 7.6% during the 3rd quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock valued at $237,000 after buying an additional 2,169 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in Sprinklr by 2.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company’s stock valued at $714,000 after buying an additional 2,274 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Sprinklr by 2.1% during the 1st 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. Legal & General Group Plc lifted its holdings in Sprinklr by 0.8% during the 3rd quarter. Legal & General Group Plc now owns 313,556 shares of the company’s stock valued at $2,421,000 after buying an additional 2,625 shares in the last quarter. Finally, Arizona State Retirement System lifted its holdings in Sprinklr by 10.0% during the 3rd quarter. Arizona State Retirement System now owns 35,893 shares of the company’s stock valued at $277,000 after buying an additional 3,257 shares in the last quarter. Institutional investors own 40.19% of the company’s stock.

Sprinklr Stock Performance

NYSE:CXM opened at $5.27 on Friday. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $9.40. The firm has a market cap of $1.31 billion, a P/E ratio of 58.61 and a beta of 0.55. The firm has a 50-day simple moving average of $5.52 and a 200-day simple moving average of $6.41.

Sprinklr (NYSE:CXM) last posted its quarterly earnings results on Wednesday, March 11th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.10 by $0.03. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The business had revenue of $220.59 million during the quarter, compared to analyst estimates of $216.93 million. During the same quarter in the previous year, the business posted $0.10 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. On average, research analysts predict that Sprinklr, Inc. will post 0.22 EPS for the current fiscal year.

Insider Activity at Sprinklr

In other news, CTO Amitabh Misra sold 34,189 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $5.85, for a total value of $200,005.65. Following the completion of the sale, the chief technology officer owned 970,753 shares in the company, valued at approximately $5,678,905.05. The trade was a 3.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 25.18% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CXM. Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Morgan Stanley decreased their price objective on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, March 16th. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Citigroup decreased their price objective on shares of Sprinklr from $9.00 to $7.00 and set a “neutral” rating for the company in a report on Thursday, March 12th. Finally, DA Davidson decreased their price objective on shares of Sprinklr from $6.50 to $6.25 and set a “neutral” rating for the company in a report on Friday, April 17th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sprinklr has a consensus rating of “Reduce” and a consensus price target of $8.28.

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.