Circumference Group LLC Boosts Stock Holdings in Sprinklr, Inc. $CXM

Circumference Group LLC grew its holdings in shares of Sprinklr, Inc. (NYSE:CXMFree Report) by 21.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 560,000 shares of the company’s stock after acquiring an additional 100,000 shares during the period. Sprinklr makes up approximately 4.7% of Circumference Group LLC’s portfolio, making the stock its 9th largest holding. Circumference Group LLC’s holdings in Sprinklr were worth $4,357,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Aster Capital Management DIFC Ltd lifted its holdings in shares of Sprinklr by 148.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after purchasing an additional 1,940 shares during the last quarter. Cresset Asset Management LLC raised its holdings in Sprinklr by 7.6% in the 3rd quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock worth $237,000 after acquiring an additional 2,169 shares during the last quarter. Franklin Resources Inc. raised its holdings in Sprinklr by 2.5% in the 4th quarter. Franklin Resources Inc. now owns 91,012 shares of the company’s stock worth $708,000 after acquiring an additional 2,232 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in Sprinklr by 2.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company’s stock worth $714,000 after acquiring an additional 2,274 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Sprinklr by 2.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after acquiring an additional 2,478 shares during the last quarter. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Sprinklr Stock Down 2.3%

Shares of NYSE CXM opened at $5.16 on Thursday. Sprinklr, Inc. has a twelve month low of $4.72 and a twelve month high of $9.40. The firm has a market cap of $1.21 billion, a P/E ratio of 42.98 and a beta of 0.59. The company has a 50 day moving average of $5.31 and a 200 day moving average of $6.16.

Sprinklr (NYSE:CXMGet Free Report) last posted its earnings results on Wednesday, June 3rd. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The business had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. During the same quarter in the previous year, the firm posted $0.12 EPS. The firm’s revenue was up 6.8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. As a group, equities analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CXM. Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Rosenblatt Securities decreased their price objective on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th. DA Davidson decreased their price objective on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Finally, Morgan Stanley decreased their price objective 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. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $7.79.

Check Out Our Latest Stock Analysis on Sprinklr

Sprinklr Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Sprinklr (NYSE:CXM)

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