Globeflex Capital L P Increases Stock Position in Sprinklr, Inc. $CXM

Globeflex Capital L P lifted its stake in Sprinklr, Inc. (NYSE:CXM) by 180.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 253,891 shares of the company’s stock after acquiring an additional 163,274 shares during the quarter. Globeflex Capital L P’s holdings in Sprinklr were worth $1,523,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd grew its position in Sprinklr by 148.9% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after purchasing an additional 1,940 shares during the period. Summit Securities Group LLC lifted its holdings in shares of Sprinklr by 210.8% during the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock valued at $27,000 after buying an additional 3,101 shares during the period. Larson Financial Group LLC boosted its stake in shares of Sprinklr by 24,370.6% in the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock worth $32,000 after buying an additional 4,143 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Sprinklr in the fourth quarter worth $38,000. Finally, Parallel Advisors LLC increased its position in Sprinklr by 42.6% during the first quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock valued at $44,000 after acquiring an additional 2,171 shares during the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Rory P. Read sold 143,654 shares of the company’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 $761,366.20. Following the completion of the transaction, the chief executive officer owned 3,419,190 shares of the company’s stock, valued at $18,121,707. This represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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, insider Karthik Suri sold 41,852 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $5.14, for a total value of $215,119.28. Following the sale, the insider owned 1,111,472 shares of the company’s stock, valued at $5,712,966.08. This represents a 3.63% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 324,295 shares of company stock worth $1,711,168 in the last three months. 25.18% of the stock is owned by company insiders.

Sprinklr Trading Down 3.9%

NYSE CXM opened at $5.57 on Thursday. Sprinklr, Inc. has a 12 month low of $4.72 and a 12 month high of $9.40. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 46.38 and a beta of 0.60. The company’s 50 day moving average is $5.37 and its two-hundred day moving average is $5.74.

Sprinklr (NYSE:CXM) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $219.48 million during 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 revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company 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. Sell-side analysts forecast that Sprinklr, Inc. will post 0.23 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on CXM shares. DA Davidson lowered their target price on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Rosenblatt Securities reduced 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. Weiss Ratings lowered shares of Sprinklr from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, July 10th. Finally, Citigroup reduced their target price on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.