JPMorgan Chase & Co. Increases Position in Sprinklr, Inc. $CXM

JPMorgan Chase & Co. increased its holdings in Sprinklr, Inc. (NYSE:CXM) by 44.6% in the third quarter, HoldingsChannel.com reports. The firm owned 624,918 shares of the company’s stock after buying an additional 192,683 shares during the quarter. JPMorgan Chase & Co.’s holdings in Sprinklr were worth $4,824,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 worth $988,000 after buying an additional 2,478 shares during the period. Millennium Management LLC increased its holdings in Sprinklr by 4.6% in the 1st quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock worth $4,854,000 after acquiring an additional 25,609 shares in the last quarter. Caxton Associates LLP purchased a new stake in Sprinklr in the 1st quarter worth $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Sprinklr by 4.0% during 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 worth $2,177,000 after acquiring an additional 10,136 shares during the period. Finally, Legal & General Group Plc lifted its holdings in Sprinklr by 4.2% during the second quarter. Legal & General Group Plc now owns 310,931 shares of the company’s stock valued at $2,630,000 after purchasing an additional 12,667 shares in the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Sprinklr Stock Up 1.6%

Shares of CXM opened at $6.08 on Friday. Sprinklr, Inc. has a 52-week low of $5.12 and a 52-week high of $9.40. The stock has a market cap of $1.51 billion, a PE ratio of 67.51 and a beta of 0.73. The firm’s fifty day moving average is $5.90 and its two-hundred day moving average is $6.99.

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

Analyst Ratings Changes

CXM has been the topic of several research analyst reports. 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. Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $12.00 price objective on shares of Sprinklr in a report on Thursday, December 4th. Citizens Jmp cut their price objective on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a research note on Thursday, March 12th. Finally, Weiss Ratings cut Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Sprinklr currently has an average rating of “Reduce” and a consensus price target of $8.31.

Insider Buying and Selling at Sprinklr

In other news, CTO Amitabh Misra sold 34,189 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $5.85, for a total value of $200,005.65. Following the completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Rory P. Read sold 87,795 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $6.00, for a total value of $526,770.00. Following the completion of the sale, 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 position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 361,251 shares of company stock worth $2,345,083. Insiders own 60.53% of the company’s stock.

Sprinklr Company 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.