Globeflex Capital L P Buys Shares of 253,891 Sprinklr, Inc. $CXM

Globeflex Capital L P acquired a new stake in shares of Sprinklr, Inc. (NYSE:CXM) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 253,891 shares of the company’s stock, valued at approximately $1,310,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. SG Americas Securities LLC increased its holdings in Sprinklr by 84.9% during the 1st quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock worth $50,265,000 after purchasing an additional 3,846,652 shares in the last quarter. Private Management Group Inc. boosted its position in shares of Sprinklr by 1,249.3% during the fourth quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock worth $18,768,000 after buying an additional 2,233,542 shares during the period. Sea Cliff Partners Management LP boosted its position in shares of Sprinklr by 1,174.6% during the second quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock worth $18,331,000 after buying an additional 1,996,792 shares during the period. Norges Bank acquired a new position in shares of Sprinklr during the fourth quarter worth about $11,524,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Sprinklr by 138.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,646,893 shares of the company’s stock worth $12,813,000 after buying an additional 957,149 shares in the last quarter. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Sprinklr Stock Up 0.4%

CXM opened at $7.43 on Tuesday. Sprinklr, Inc. has a 12-month low of $4.72 and a 12-month high of $8.85. The business has a 50 day moving average of $5.97 and a 200-day moving average of $5.70. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 61.93 and a beta of 0.58.

Sprinklr (NYSE:CXM) last issued its quarterly earnings data 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 company had revenue of $219.48 million for the quarter, compared to analyst estimates of $215.89 million. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The company’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $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. As a group, analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Weiss Ratings upgraded Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Citigroup lowered 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. DA Davidson cut their price objective 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. Finally, Rosenblatt Securities reduced their target price on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th. Two research 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 data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $7.79.

Insider Transactions at Sprinklr

In other news, CTO Amitabh Misra sold 29,180 shares of the business’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 $154,654.00. Following the sale, the chief technology officer directly owned 854,779 shares in the company, valued at approximately $4,530,328.70. The trade was a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Jacob Scott sold 71,585 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $6.97, for a total transaction of $498,947.45. Following the completion of the transaction, the general counsel owned 576,827 shares of the company’s stock, valued at approximately $4,020,484.19. This trade represents a 11.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 395,880 shares of company stock worth $2,210,116. Corporate insiders own 25.18% of the company’s stock.

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.