Sprinklr, Inc. $CXM Shares Acquired by CenterBook Partners LP

CenterBook Partners LP boosted its position in Sprinklr, Inc. (NYSE:CXM) by 212.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 503,304 shares of the company’s stock after purchasing an additional 342,068 shares during the period. CenterBook Partners LP’s holdings in Sprinklr were worth $4,258,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Sprinklr by 8.5% during the 1st quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company’s stock worth $121,065,000 after purchasing an additional 1,138,542 shares during the last quarter. Pathway Capital Management LP purchased a new stake in Sprinklr in the 2nd quarter worth approximately $4,621,000. Nuveen LLC purchased a new stake in Sprinklr in the 1st quarter worth approximately $4,341,000. Panagora Asset Management Inc. raised its holdings in Sprinklr by 409.2% in the 1st quarter. Panagora Asset Management Inc. now owns 394,308 shares of the company’s stock valued at $3,292,000 after acquiring an additional 316,868 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its holdings in Sprinklr by 39.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 755,728 shares of the company’s stock valued at $6,393,000 after acquiring an additional 213,000 shares during the last quarter. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Sprinklr Trading Up 2.6%

NYSE:CXM opened at $7.11 on Friday. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 15.80 and a beta of 0.78. Sprinklr, Inc. has a twelve month low of $6.75 and a twelve month high of $9.69. The company has a 50-day moving average of $7.61 and a 200-day moving average of $8.16.

Sprinklr (NYSE:CXM) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.10 by $0.03. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The business had revenue of $212.04 million during the quarter, compared to the consensus estimate of $205.39 million. During the same quarter in the prior year, the firm earned $0.07 EPS. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. On average, research analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

Insider Activity

In other Sprinklr news, CFO Manish Sarin sold 37,008 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total value of $286,812.00. Following the transaction, the chief financial officer owned 695,413 shares in the company, valued at approximately $5,389,450.75. This represents a 5.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Rory P. Read sold 258,214 shares of Sprinklr stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $7.48, for a total transaction of $1,931,440.72. Following the sale, the chief executive officer directly owned 1,879,286 shares of the company’s stock, valued at $14,057,059.28. This trade represents a 12.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 732,709 shares of company stock valued at $5,557,979 in the last three months. 60.53% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CXM. Citigroup decreased their price objective on Sprinklr from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, September 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Sprinklr in a research note on Wednesday, October 8th. Wall Street Zen downgraded shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Barclays cut their price objective on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Wednesday, September 3rd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $12.00 target price on shares of Sprinklr in a report on Tuesday, September 30th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Sprinklr has an average rating of “Hold” and an average price target of $10.00.

About Sprinklr

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.