Tudor Investment Corp ET AL lowered its holdings in Sprinklr, Inc. (NYSE:CXM – Free Report) by 34.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,157,977 shares of the company’s stock after selling 598,892 shares during the quarter. Tudor Investment Corp ET AL owned 0.47% of Sprinklr worth $8,940,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CXM. Pacer Advisors Inc. raised its holdings in shares of Sprinklr by 2,385.5% in the 3rd quarter. Pacer Advisors Inc. now owns 694,200 shares of the company’s stock valued at $5,359,000 after buying an additional 666,270 shares during the period. Norges Bank purchased a new stake in shares of Sprinklr in the 2nd quarter valued at $10,310,000. First Eagle Investment Management LLC raised its holdings in shares of Sprinklr by 41.8% in 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 during the period. CWA Asset Management Group LLC raised its holdings in shares of Sprinklr by 646.6% in the 3rd quarter. CWA Asset Management Group LLC now owns 187,763 shares of the company’s stock valued at $1,450,000 after buying an additional 162,613 shares during the period. Finally, WINTON GROUP Ltd raised its holdings in shares of Sprinklr by 181.3% in the 2nd quarter. WINTON GROUP Ltd now owns 401,491 shares of the company’s stock valued at $3,397,000 after buying an additional 258,775 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently issued reports on CXM. Weiss Ratings downgraded Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Citizens Jmp cut their price objective on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a report on Thursday, March 12th. Morgan Stanley cut their price objective on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a report on Monday, March 16th. DA Davidson cut their price objective on Sprinklr from $9.00 to $6.50 and set a “neutral” rating on the stock in a report on Thursday, March 12th. Finally, Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $8.31.
Insider Buying and Selling
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 completion of the transaction, the chief technology officer directly owned 970,753 shares of the company’s stock, valued at approximately $5,678,905.05. This represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Rory P. Read sold 138,505 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $7.13, for a total value of $987,540.65. Following the transaction, the chief executive officer directly owned 1,672,108 shares of the company’s stock, valued at approximately $11,922,130.04. This represents a 7.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 361,251 shares of company stock valued at $2,345,083 in the last three months. 60.53% of the stock is owned by corporate insiders.
Sprinklr Price Performance
CXM opened at $6.10 on Tuesday. Sprinklr, Inc. has a 12 month low of $5.12 and a 12 month high of $9.40. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 67.73 and a beta of 0.73. The business has a fifty day moving average price of $5.87 and a 200 day moving average price of $6.95.
Sprinklr (NYSE:CXM – Get Free Report) last released its 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 return on equity of 7.86% and a net margin of 2.67%.The firm had revenue of $220.59 million during the quarter, compared to analysts’ expectations of $216.93 million. During the same period in the previous year, the firm posted $0.10 EPS. 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. On average, research analysts anticipate that Sprinklr, Inc. will post 0.1 earnings per share 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.
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