S Squared Technology LLC Acquires 126,000 Shares of Sprinklr, Inc. $CXM

S Squared Technology LLC raised its stake in Sprinklr, Inc. (NYSE:CXMFree Report) by 28.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 571,039 shares of the company’s stock after buying an additional 126,000 shares during the quarter. Sprinklr accounts for about 2.0% of S Squared Technology LLC’s portfolio, making the stock its 19th largest position. S Squared Technology LLC’s holdings in Sprinklr were worth $4,831,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of the company. Maryland State Retirement & Pension System raised its stake in Sprinklr by 3.8% during the 2nd quarter. Maryland State Retirement & Pension System now owns 33,735 shares of the company’s stock worth $285,000 after buying an additional 1,235 shares during the period. Amalgamated Bank boosted its position in Sprinklr by 4.1% during the 2nd quarter. Amalgamated Bank now owns 32,769 shares of the company’s stock worth $277,000 after acquiring an additional 1,292 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Sprinklr by 2.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after purchasing an additional 2,478 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Sprinklr by 69.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company’s stock valued at $54,000 after acquiring an additional 2,668 shares in the last quarter. Finally, AlphaQuest LLC grew its stake in Sprinklr by 12.8% in the first quarter. AlphaQuest LLC now owns 34,118 shares of the company’s stock valued at $285,000 after purchasing an additional 3,882 shares in the last quarter. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Sprinklr Stock Down 1.4%

Sprinklr stock opened at $7.42 on Monday. The stock has a market cap of $1.81 billion, a P/E ratio of 16.48 and a beta of 0.78. The company’s 50-day moving average price is $7.76 and its two-hundred day moving average price is $8.20. Sprinklr, Inc. has a twelve month low of $6.75 and a twelve month high of $9.69.

Sprinklr (NYSE:CXMGet Free Report) last issued its quarterly earnings data on Wednesday, September 3rd. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.03. The business had revenue of $212.04 million during the quarter, compared to analysts’ expectations of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. Equities analysts anticipate that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Get Our Latest Analysis on Sprinklr

Insider Buying and Selling

In other Sprinklr news, Director Neeraj Agrawal sold 150,000 shares of the company’s stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $7.61, for a total value of $1,141,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 completion of the transaction, the chief financial officer directly owned 695,413 shares of the company’s stock, valued at $5,389,450.75. This represents a 5.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 474,495 shares of company stock worth $3,626,539 in the last ninety days. Insiders own 60.53% of the company’s stock.

Sprinklr Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Sprinklr (NYSE:CXM)

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