Jupiter Asset Management Ltd. Invests $966,000 in Sprinklr, Inc. $CXM

Jupiter Asset Management Ltd. bought a new position in Sprinklr, Inc. (NYSE:CXM) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 114,221 shares of the company’s stock, valued at approximately $966,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its holdings in shares of Sprinklr by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 1,560,184 shares of the company’s stock valued at $13,028,000 after purchasing an additional 65,897 shares in the last quarter. Invesco Ltd. raised its position in Sprinklr by 9.0% in the 1st quarter. Invesco Ltd. now owns 495,076 shares of the company’s stock valued at $4,134,000 after buying an additional 40,701 shares during the last quarter. Vanguard Group Inc. lifted its stake in Sprinklr by 8.5% during the 1st quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company’s stock valued at $121,065,000 after acquiring an additional 1,138,542 shares in the last quarter. Algert Global LLC bought a new position in Sprinklr during the 1st quarter valued at $708,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Sprinklr by 4.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,097,526 shares of the company’s stock worth $9,164,000 after acquiring an additional 42,234 shares in the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Stock Down 0.2%

NYSE CXM opened at $7.29 on Friday. The company has a market cap of $1.78 billion, a PE ratio of 16.20 and a beta of 0.78. Sprinklr, Inc. has a 52 week low of $6.75 and a 52 week high of $9.69. The firm’s 50-day simple moving average is $7.69 and its two-hundred day simple moving average is $8.19.

Sprinklr (NYSE:CXM) last posted its earnings results 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 firm had revenue of $212.04 million during 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%. The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company earned $0.07 earnings per share. 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, equities research analysts anticipate that Sprinklr, Inc. will post 0.1 EPS for the current year.

Analyst Ratings Changes

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

Insider Buying and Selling at Sprinklr

In related news, CTO Amitabh Misra sold 9,244 shares of the business’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $7.75, for a total transaction of $71,641.00. Following the sale, the chief technology officer directly owned 593,726 shares in the company, valued at approximately $4,601,376.50. The trade was a 1.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Manish Sarin sold 37,008 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $7.75, for a total value of $286,812.00. Following the sale, the chief financial officer directly owned 695,413 shares in the company, valued at $5,389,450.75. This trade represents a 5.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 732,709 shares of company stock worth $5,557,979. Company insiders own 60.53% of the company’s stock.

Sprinklr 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.