Hamilton Lane Advisors LLC bought a new stake in shares of Sprinklr, Inc. (NYSE:CXM – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 22,037 shares of the company’s stock, valued at approximately $186,000. Sprinklr accounts for approximately 0.1% of Hamilton Lane Advisors LLC’s portfolio, making the stock its 13th biggest holding.
A number of other institutional investors have also recently modified their holdings of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Sprinklr by 4.0% during the 1st 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 acquiring an additional 10,136 shares during the period. S Squared Technology LLC lifted its position in shares of Sprinklr by 78.0% during the 1st quarter. S Squared Technology LLC now owns 445,039 shares of the company’s stock valued at $3,716,000 after acquiring an additional 195,039 shares during the period. Caxton Associates LLP bought a new stake in shares of Sprinklr during the 1st quarter valued at $287,000. PharVision Advisers LLC bought a new stake in shares of Sprinklr during the 1st quarter valued at $190,000. Finally, Millennium Management LLC lifted its position in shares of Sprinklr by 4.6% during the 1st quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after acquiring an additional 25,609 shares during the period. 40.19% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Sprinklr news, General Counsel Jacob Scott sold 62,422 shares of the company’s stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $7.99, for a total value of $498,751.78. Following the completion of the transaction, the general counsel owned 441,664 shares of the company’s stock, valued at $3,528,895.36. This represents a 12.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ragy Thomas sold 3,000,000 shares of the company’s stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $7.94, for a total value of $23,820,000.00. Following the completion of the transaction, the director directly owned 974,286 shares of the company’s stock, valued at approximately $7,735,830.84. The trade was a 75.49% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,561,373 shares of company stock worth $77,660,908. Company insiders own 60.53% of the company’s stock.
Sprinklr Stock Down 2.2%
Sprinklr (NYSE:CXM – Get Free Report) last issued its earnings results on Wednesday, September 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. Sprinklr had a return on equity of 8.59% and a net margin of 14.64%.The business had revenue of $212.04 million during the quarter, compared to analysts’ expectations of $205.39 million. During the same quarter in the prior year, the firm earned $0.07 EPS. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. As a group, equities research analysts anticipate that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of analysts have recently weighed in on CXM shares. Morgan Stanley upped their target price on Sprinklr from $8.00 to $10.00 and gave the company an “equal weight” rating in a research report on Thursday, June 5th. Citigroup dropped their price objective on Sprinklr from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Tuesday. Barclays dropped their price objective on Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Wednesday, September 3rd. Wells Fargo & Company upped their price objective on Sprinklr from $6.00 to $7.00 and gave the stock an “underweight” rating in a research report on Thursday, June 5th. Finally, DA Davidson upped their price objective on Sprinklr from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, June 5th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $10.00.
Sprinklr Company Profile
Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.
Further Reading
- Five stocks we like better than Sprinklr
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Tesla’s U.S. Market Is At An 8-Year Low… How Bad Could It Get?
- 3 Warren Buffett Stocks to Buy Now
- Congress: The Biggest Trades Impacting Markets Today
- How to Buy Cheap Stocks Step by Step
- 3 Companies Boosting Buybacks While Others Pull Back
Receive News & Ratings for Sprinklr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprinklr and related companies with MarketBeat.com's FREE daily email newsletter.