Jupiter Asset Management Ltd. boosted its position in Sprinklr, Inc. (NYSE:CXM – Free Report) by 366.0% in the 4th quarter, Holdings Channel reports. The firm owned 705,339 shares of the company’s stock after acquiring an additional 553,985 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Sprinklr were worth $5,488,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its stake in Sprinklr by 0.8% in 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 last quarter. Jackson Creek Investment Advisors LLC acquired a new position in Sprinklr in the 4th quarter valued at $1,807,000. Hantz Financial Services Inc. raised its stake in Sprinklr by 640.4% in the 4th quarter. Hantz Financial Services Inc. now owns 9,099 shares of the company’s stock valued at $71,000 after purchasing an additional 7,870 shares during the last quarter. Jefferies Financial Group Inc. raised its stake in Sprinklr by 19.4% in 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 last quarter. Finally, Nano Cap New Millennium Growth Fund L P acquired a new position in Sprinklr in the 4th quarter valued at $914,000. 40.19% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Sprinklr
In related news, CTO Amitabh Misra sold 34,189 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $5.85, for a total transaction of $200,005.65. Following the transaction, the chief technology officer owned 970,753 shares of the company’s stock, valued at approximately $5,678,905.05. This represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 25.18% of the company’s stock.
Sprinklr Trading Up 4.4%
Sprinklr (NYSE:CXM – Get Free Report) last released its quarterly earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The business had revenue of $220.59 million during the quarter, compared to analysts’ expectations of $216.93 million. During the same period in the prior year, the business posted $0.10 EPS. The company’s revenue was up 8.9% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. Research analysts predict that Sprinklr, Inc. will post 0.22 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on CXM shares. Morgan Stanley reduced their price objective on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Citizens Jmp reduced their price objective on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a research note on Thursday, March 12th. Citigroup dropped their target price on Sprinklr from $9.00 to $7.00 and set a “neutral” rating for the company in a report on Thursday, March 12th. Finally, Weiss Ratings cut Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $8.28.
Check Out Our Latest Stock Analysis on CXM
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.
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