Fulcrum Asset Management LLP Lowers Stock Position in Sprinklr, Inc. $CXM

Fulcrum Asset Management LLP cut its stake in shares of Sprinklr, Inc. (NYSE:CXM) by 85.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,585 shares of the company’s stock after selling 214,888 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Sprinklr were worth $275,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its position in shares of Sprinklr by 2,385.5% in the third quarter. Pacer Advisors Inc. now owns 694,200 shares of the company’s stock worth $5,359,000 after purchasing an additional 666,270 shares during the period. Jefferies Financial Group Inc. increased its stake in shares of Sprinklr by 31.6% in the second quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company’s stock worth $39,610,000 after purchasing an additional 1,125,000 shares in the last quarter. Norges Bank bought a new stake in shares of Sprinklr during the 2nd quarter valued at $10,310,000. CenterBook Partners LP raised its position in shares of Sprinklr by 212.2% during the 2nd quarter. CenterBook Partners LP now owns 503,304 shares of the company’s stock valued at $4,258,000 after purchasing an additional 342,068 shares during the period. Finally, First Eagle Investment Management LLC lifted its stake in shares of Sprinklr by 41.8% during the 3rd quarter. First Eagle Investment Management LLC now owns 1,071,681 shares of the company’s stock valued at $8,273,000 after buying an additional 315,953 shares in the last quarter. 40.19% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Rory P. Read sold 87,795 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total transaction of $526,770.00. Following the completion of the transaction, the chief executive officer directly owned 1,506,270 shares of the company’s stock, valued at approximately $9,037,620. This represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Amitabh Misra sold 34,189 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $5.85, for a total value of $200,005.65. Following the transaction, the chief technology officer owned 970,753 shares of the company’s stock, valued at $5,678,905.05. This represents a 3.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 361,251 shares of company stock worth $2,345,083. Corporate insiders own 60.53% of the company’s stock.

Sprinklr Stock Performance

CXM opened at $5.99 on Wednesday. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 66.51 and a beta of 0.78. The company has a fifty day moving average of $6.18 and a 200 day moving average of $7.14. Sprinklr, Inc. has a fifty-two week low of $5.12 and a fifty-two week high of $9.40.

Sprinklr (NYSE:CXM) last announced its quarterly earnings results on Wednesday, March 11th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.10 by $0.03. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The business had revenue of $220.59 million for the quarter, compared to analysts’ expectations of $216.93 million. During the same quarter in the previous year, the company earned $0.10 EPS. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. On average, equities research analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

CXM has been the subject of several recent analyst reports. Citigroup dropped their target price on shares of Sprinklr from $9.00 to $7.00 and set a “neutral” rating for the company in a report on Thursday, March 12th. Cantor Fitzgerald restated a “neutral” rating and issued a $8.00 price objective on shares of Sprinklr in a research report on Wednesday, December 3rd. Weiss Ratings lowered Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, February 26th. Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Citizens Jmp decreased their target price 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. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $8.31.

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.