Sprinklr, Inc. $CXM Shares Sold by Stoic Point Capital Management LLC

Stoic Point Capital Management LLC cut its stake in shares of Sprinklr, Inc. (NYSE:CXM) by 41.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 367,437 shares of the company’s stock after selling 256,779 shares during the quarter. Sprinklr makes up approximately 2.1% of Stoic Point Capital Management LLC’s portfolio, making the stock its 8th biggest position. Stoic Point Capital Management LLC’s holdings in Sprinklr were worth $2,205,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CXM. Aster Capital Management DIFC Ltd increased its stake in shares of Sprinklr by 148.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after buying an additional 1,940 shares during the period. Summit Securities Group LLC raised its holdings in Sprinklr by 210.8% during the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after purchasing an additional 3,101 shares during the last quarter. Larson Financial Group LLC raised its holdings in Sprinklr by 24,370.6% during the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock worth $32,000 after purchasing an additional 4,143 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Sprinklr in the 4th quarter worth approximately $38,000. Finally, Parallel Advisors LLC boosted its stake in shares of Sprinklr by 42.6% in the 1st quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock valued at $44,000 after purchasing an additional 2,171 shares during the last quarter. Institutional investors own 40.19% of the company’s stock.

Insider Transactions at Sprinklr

In other news, General Counsel Jacob Scott sold 16,380 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $86,814.00. Following the completion of the sale, the general counsel owned 651,136 shares in the company, valued at $3,451,020.80. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Karthik Suri sold 41,852 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $5.14, for a total value of $215,119.28. Following the transaction, the insider directly owned 1,111,472 shares in the company, valued at $5,712,966.08. The trade was a 3.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 324,295 shares of company stock valued at $1,711,168. Company insiders own 25.18% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Sprinklr Price Performance

CXM stock opened at $6.30 on Wednesday. The company’s 50-day moving average is $5.43 and its 200-day moving average is $5.70. The stock has a market capitalization of $1.48 billion, a PE ratio of 52.54 and a beta of 0.60. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $9.40.

Sprinklr (NYSE:CXM) last issued 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 business had revenue of $219.48 million during the quarter, compared to analyst estimates of $215.89 million. During the same period in the previous year, the company posted $0.12 EPS. The firm’s 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. On average, analysts anticipate that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

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.