Cornerstone Investment Partners LLC acquired a new stake in Sprinklr, Inc. (NYSE:CXM – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 17,436 shares of the company’s stock, valued at approximately $148,000.
Several other institutional investors have also modified their holdings of CXM. GAMMA Investing LLC grew its stake in shares of Sprinklr by 209.5% during the first quarter. GAMMA Investing LLC now owns 3,677 shares of the company’s stock worth $31,000 after purchasing an additional 2,489 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Sprinklr by 69.2% in the first quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company’s stock valued at $54,000 after buying an additional 2,668 shares in the last quarter. Quarry LP lifted its holdings in Sprinklr by 5,071.8% during the 1st quarter. Quarry LP now owns 7,706 shares of the company’s stock worth $64,000 after buying an additional 7,557 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Sprinklr during the 2nd quarter worth about $94,000. Finally, CWM LLC increased its holdings in shares of Sprinklr by 266.6% in the 2nd quarter. CWM LLC now owns 11,118 shares of the company’s stock valued at $94,000 after acquiring an additional 8,085 shares during the last quarter. 40.19% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Sprinklr
In other news, Director Neeraj Agrawal sold 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $7.61, for a total value of $1,141,500.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CMO Arun Pattabhiraman sold 16,795 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $7.75, for a total value of $130,161.25. Following the sale, the chief marketing officer owned 534,411 shares of the company’s stock, valued at $4,141,685.25. This trade represents a 3.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 474,495 shares of company stock worth $3,626,539 over the last three months. 60.53% of the stock is currently owned by company insiders.
Sprinklr Price Performance
Sprinklr (NYSE:CXM – Get Free Report) last issued its quarterly earnings data on Wednesday, September 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.03. The company had revenue of $212.04 million for the quarter, compared to the consensus estimate of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. Sprinklr’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the firm posted $0.07 EPS. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. As a group, analysts anticipate that Sprinklr, Inc. will post 0.1 earnings per share for the current year.
Analyst Ratings Changes
Several equities research analysts recently weighed in on CXM shares. Barclays decreased their target price on Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, September 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of Sprinklr in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Sprinklr from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 26th. Rosenblatt Securities reiterated a “buy” rating and set a $12.00 price target on shares of Sprinklr in a research note on Tuesday, September 30th. Finally, Citigroup decreased their price objective on shares of Sprinklr from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Tuesday, September 9th. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Sprinklr currently has an average rating of “Hold” and a consensus price target of $10.00.
Check Out Our Latest Stock Report on CXM
Sprinklr Company Profile
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.
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