Hsbc Holdings PLC Increases Stock Holdings in Sprinklr, Inc. $CXM

Hsbc Holdings PLC boosted its position in Sprinklr, Inc. (NYSE:CXM) by 90.8% during the 4th quarter, HoldingsChannel reports. The firm owned 247,931 shares of the company’s stock after purchasing an additional 117,991 shares during the period. Hsbc Holdings PLC’s holdings in Sprinklr were worth $1,940,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Sprinklr by 2.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after purchasing an additional 2,478 shares during the period. Millennium Management LLC grew its position in Sprinklr by 4.6% during the first quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after buying an additional 25,609 shares during the period. Caxton Associates LLP bought a new stake in Sprinklr during the first quarter valued at approximately $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in 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 valued at $2,177,000 after buying an additional 10,136 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Sprinklr by 166.9% in the second quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock worth $1,453,000 after acquiring an additional 107,394 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Citigroup dropped their price target on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. DA Davidson decreased 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. Weiss Ratings reissued a “sell (d+)” rating on shares of Sprinklr in a report on Friday, June 26th. Rosenblatt Securities reduced their price target on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research report on Thursday, June 4th. Finally, Morgan Stanley decreased their price objective on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $7.79.

Insider Activity at Sprinklr

In other news, insider Joy Corso sold 33,635 shares of Sprinklr stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $178,265.50. Following the sale, the insider owned 1,175,616 shares in the company, valued at $6,230,764.80. This trade represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Amitabh Misra sold 29,180 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $154,654.00. Following the completion of the transaction, the chief technology officer directly owned 854,779 shares in the company, valued at $4,530,328.70. This trade represents a 3.30% decrease in their position. 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 worth $1,711,168 in the last three months. Corporate insiders own 25.18% of the company’s stock.

Sprinklr Stock Performance

Shares of NYSE CXM traded down $0.02 during midday trading on Friday, reaching $5.48. The stock had a trading volume of 1,782,593 shares, compared to its average volume of 3,671,818. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 45.70 and a beta of 0.60. Sprinklr, Inc. has a 12-month low of $4.72 and a 12-month high of $9.40. The stock has a 50-day moving average of $5.28 and a 200-day moving average of $5.87.

Sprinklr (NYSE:CXM) last issued its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The company had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. During the same quarter in the prior year, the firm posted $0.12 EPS. Sprinklr’s quarterly revenue 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. As a group, analysts forecast that Sprinklr, Inc. will post 0.23 EPS for the current fiscal year.

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.