SG Americas Securities LLC Has $35.25 Million Position in Sprinklr, Inc. $CXM

SG Americas Securities LLC lifted its holdings in Sprinklr, Inc. (NYSE:CXM) by 11,204.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,530,827 shares of the company’s stock after acquiring an additional 4,490,746 shares during the period. SG Americas Securities LLC’s holdings in Sprinklr were worth $35,250,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Sprinklr by 2.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock valued at $988,000 after purchasing an additional 2,478 shares in the last quarter. Millennium Management LLC increased its holdings in Sprinklr by 4.6% in the first quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock worth $4,854,000 after purchasing an additional 25,609 shares in the last quarter. Caxton Associates LLP acquired a new position in Sprinklr in the first quarter valued at approximately $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Sprinklr by 4.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock valued at $2,177,000 after buying an additional 10,136 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Sprinklr by 20.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company’s stock worth $67,000 after buying an additional 1,347 shares in the last quarter. Institutional investors own 40.19% of the company’s stock.

Insider Buying and Selling at Sprinklr

In other Sprinklr news, General Counsel Jacob Scott sold 21,665 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $7.12, for a total transaction of $154,254.80. Following the transaction, the general counsel owned 404,723 shares in the company, valued at approximately $2,881,627.76. This represents a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Rory P. Read sold 87,795 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were 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 in the company, valued at $9,037,620. This trade represents a 5.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 361,251 shares of company stock worth $2,345,083. 60.53% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings raised shares of Sprinklr from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 16th. DA Davidson dropped their target price on shares of Sprinklr from $9.00 to $6.50 and set a “neutral” rating on the stock in a research report on Thursday, March 12th. Cantor Fitzgerald reissued a “neutral” rating and set a $8.00 target price on shares of Sprinklr in a research note on Wednesday, December 3rd. Morgan Stanley reduced their price target on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, March 16th. Finally, Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $8.31.

Sprinklr Stock Performance

Shares of Sprinklr stock opened at $5.80 on Thursday. The stock has a market capitalization of $1.43 billion, a PE ratio of 64.40 and a beta of 0.78. Sprinklr, Inc. has a 52 week low of $5.12 and a 52 week high of $9.40. The stock has a 50 day moving average price of $5.99 and a two-hundred day moving average price of $7.06.

Sprinklr (NYSE:CXM) last issued its earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The company had revenue of $220.59 million for the quarter, compared to analyst estimates of $216.93 million. During the same period in the prior year, the firm earned $0.10 earnings per share. Sprinklr’s revenue for the quarter 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. Research analysts forecast that Sprinklr, Inc. will post 0.1 EPS for the current 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.