Pacer Advisors Inc. Increases Stock Position in Sprinklr, Inc. $CXM

Pacer Advisors Inc. boosted its position in Sprinklr, Inc. (NYSE:CXM) by 37.5% during the first quarter, Holdings Channel.com reports. The fund owned 869,926 shares of the company’s stock after acquiring an additional 237,216 shares during the period. Pacer Advisors Inc.’s holdings in Sprinklr were worth $5,220,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC raised its stake in shares of Sprinklr by 84.9% during the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock valued at $50,265,000 after acquiring an additional 3,846,652 shares during the last quarter. Morgan Stanley grew its stake in shares of Sprinklr by 3.5% in the fourth quarter. Morgan Stanley now owns 7,568,609 shares of the company’s stock worth $58,884,000 after purchasing an additional 252,552 shares during the last quarter. Jefferies Financial Group Inc. increased its holdings in Sprinklr by 19.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock valued at $43,490,000 after purchasing an additional 908,002 shares during the period. Geode Capital Management LLC increased its holdings in Sprinklr by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 2,722,671 shares of the company’s stock valued at $21,187,000 after purchasing an additional 21,321 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Sprinklr by 19.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock valued at $15,891,000 after purchasing an additional 438,083 shares during the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on CXM shares. Citigroup dropped their price objective on Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. DA Davidson reduced their target price on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Weiss Ratings downgraded Sprinklr from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, July 10th. Finally, Rosenblatt Securities cut their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a report on Thursday, June 4th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $7.79.

Sprinklr Stock Performance

Shares of NYSE:CXM opened at $6.68 on Thursday. Sprinklr, Inc. has a 52-week low of $4.72 and a 52-week high of $9.20. The firm has a market capitalization of $1.57 billion, a P/E ratio of 55.71 and a beta of 0.58. The stock has a 50 day moving average price of $5.58 and a 200-day moving average price of $5.66.

Sprinklr (NYSE:CXM) last released 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. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The company had revenue of $219.48 million during the quarter, compared to analysts’ expectations of $215.89 million. During the same quarter last year, the business posted $0.12 EPS. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. On average, equities analysts forecast that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CTO Amitabh Misra sold 29,180 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $154,654.00. Following the sale, the chief technology officer directly owned 854,779 shares of the company’s stock, valued at $4,530,328.70. This represents a 3.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 company’s stock in a transaction dated 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 sale, the insider directly owned 552,933 shares in the company, valued at $2,930,544.90. This represents a 4.70% decrease in their ownership of the stock. 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 have sold 324,295 shares of company stock valued at $1,711,168 in the last 90 days. Corporate insiders own 25.18% of the company’s stock.

About Sprinklr

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.