Jefferies Financial Group Inc. Raises Stake in Sprinklr, Inc. $CXM

Jefferies Financial Group Inc. increased its stake in Sprinklr, Inc. (NYSE:CXM) by 19.4% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 5,590,002 shares of the company’s stock after buying an additional 908,002 shares during the quarter. Jefferies Financial Group Inc. owned 2.27% of Sprinklr worth $43,490,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Nano Cap New Millennium Growth Fund L P purchased a new position in shares of Sprinklr in the 4th quarter worth about $914,000. May Hill Capital LLC bought a new stake in Sprinklr in the 4th quarter valued at about $87,000. Swiss Life Asset Management Ltd bought a new stake in Sprinklr in the 4th quarter valued at about $189,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Sprinklr by 90.4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 189,622 shares of the company’s stock valued at $1,388,000 after acquiring an additional 90,033 shares during the period. Finally, Horizon Investments LLC bought a new stake in Sprinklr in the 4th quarter valued at about $620,000. 40.19% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Sprinklr

In other news, CTO Amitabh Misra sold 34,189 shares of the company’s 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 sale, the chief technology officer directly owned 970,753 shares in the company, valued at $5,678,905.05. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 25.18% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CXM shares. Citizens Jmp lowered their price objective on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research note on Thursday, March 12th. Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Morgan Stanley lowered their price objective on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Citigroup lowered their price objective on Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, March 12th. Finally, DA Davidson lowered their price objective on Sprinklr from $6.50 to $6.25 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $8.28.

Sprinklr Stock Up 0.3%

Shares of CXM opened at $5.30 on Friday. The business’s 50-day moving average price is $5.51 and its 200-day moving average price is $6.41. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $9.40. The stock has a market cap of $1.32 billion, a PE ratio of 58.84 and a beta of 0.55.

Sprinklr (NYSE:CXM) last announced its quarterly earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The firm had revenue of $220.59 million for the quarter, compared to analysts’ expectations of $216.93 million. During the same period in the prior year, the business posted $0.10 earnings per share. The company’s revenue was up 8.9% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. Analysts expect that Sprinklr, Inc. will post 0.22 earnings per share for the current fiscal year.

Sprinklr Profile

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.