Lavelle Capital LP Makes New Investment in Sprinklr, Inc. $CXM

Lavelle Capital LP bought a new position in Sprinklr, Inc. (NYSE:CXM) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 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. Essential Partners LLC lifted its position 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 during the period. Bank of America Corp DE lifted its holdings in shares of Sprinklr by 3.9% in the 1st quarter. Bank of America Corp DE now owns 1,680,846 shares of the company’s stock valued at $10,085,000 after buying an additional 62,604 shares during the period. Amundi boosted its stake in shares of Sprinklr by 50.9% in the first quarter. Amundi now owns 96,074 shares of the company’s stock valued at $576,000 after buying an additional 32,419 shares in the last quarter. Royal Bank of Canada grew its holdings in Sprinklr by 159.3% during the first quarter. Royal Bank of Canada now owns 14,682 shares of the company’s stock worth $89,000 after acquiring an additional 9,020 shares during the period. Finally, Quantinno Capital Management LP raised its position in Sprinklr by 966.8% in the first quarter. Quantinno Capital Management LP now owns 248,193 shares of the company’s stock worth $1,489,000 after acquiring an additional 224,928 shares in the last quarter. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Sprinklr Trading Up 2.6%

Shares of NYSE CXM opened at $6.36 on Friday. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 53.02 and a beta of 0.60. Sprinklr, Inc. has a 52 week low of $4.72 and a 52 week high of $9.20. The company’s 50-day moving average price is $5.50 and its 200 day moving average price is $5.68.

Sprinklr (NYSE:CXM) last posted its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The firm had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the firm 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, research analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have commented on CXM. DA Davidson decreased their target price on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Citigroup decreased their price objective on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Weiss Ratings cut shares of Sprinklr from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, July 10th. Finally, Rosenblatt Securities decreased their price target on Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock 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 assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $7.79.

Insider Buying and Selling at Sprinklr

In related news, insider Sanjay Macwan sold 27,277 shares of Sprinklr stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $144,568.10. Following the completion of the transaction, the insider directly owned 552,933 shares in the company, valued at $2,930,544.90. The trade was a 4.70% 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, insider Karthik Suri sold 41,852 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at approximately $5,712,966.08. The trade was 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. Over the last 90 days, insiders sold 324,295 shares of company stock worth $1,711,168. 25.18% of the stock is currently owned by insiders.

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.