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

SG Americas Securities LLC lifted its stake in shares of Sprinklr, Inc. (NYSE:CXMFree Report) by 11,204.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,530,827 shares of the company’s stock after buying an additional 4,490,746 shares during the period. SG Americas Securities LLC owned about 1.84% of Sprinklr worth $35,250,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Sprinklr by 20.3% during the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock valued at $135,653,000 after acquiring an additional 2,966,556 shares in the last quarter. Sea Cliff Partners Management LP increased its holdings in Sprinklr by 1,174.6% in the 2nd quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock worth $18,331,000 after purchasing an additional 1,996,792 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Sprinklr by 15.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,155,110 shares of the company’s stock worth $16,639,000 after purchasing an additional 291,635 shares in the last quarter. Bank of America Corp DE raised its position in Sprinklr by 10.3% in the second quarter. Bank of America Corp DE now owns 1,573,516 shares of the company’s stock valued at $13,312,000 after purchasing an additional 146,380 shares during the last quarter. Finally, Federated Hermes Inc. raised its position in Sprinklr by 1.8% in the third quarter. Federated Hermes Inc. now owns 1,537,129 shares of the company’s stock valued at $11,867,000 after purchasing an additional 26,967 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors.

Sprinklr Trading Up 0.3%

NYSE CXM opened at $5.80 on Thursday. The firm has a market capitalization of $1.43 billion, a PE ratio of 64.40 and a beta of 0.78. The business’s 50-day moving average price is $5.99 and its two-hundred day moving average price is $7.06. Sprinklr, Inc. has a 12 month low of $5.12 and a 12 month high of $9.40.

Sprinklr (NYSE:CXMGet Free Report) last issued its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The company had revenue of $220.59 million during the quarter, compared to the consensus estimate of $216.93 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The firm’s revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company 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, analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CXM. Rosenblatt Securities restated a “buy” rating and set a $12.00 price target on shares of Sprinklr in a report on Thursday, December 4th. Morgan Stanley dropped 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. Citigroup cut their target price on shares of Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Thursday, March 12th. DA Davidson reduced their target price on shares of 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 shares of Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Sprinklr has an average rating of “Hold” and a consensus price target of $8.31.

View Our Latest Stock Report on CXM

Insiders Place Their Bets

In other news, CTO Amitabh Misra sold 34,189 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $5.85, for a total value of $200,005.65. Following the transaction, the chief technology officer owned 970,753 shares in the company, valued at approximately $5,678,905.05. The trade was a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rory P. Read sold 138,505 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $7.13, for a total transaction of $987,540.65. Following the completion of the sale, the chief executive officer directly owned 1,672,108 shares in the company, valued at approximately $11,922,130.04. This represents a 7.65% 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 currently owned by insiders.

Sprinklr 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.

Recommended Stories

Want to see what other hedge funds are holding CXM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprinklr, Inc. (NYSE:CXMFree Report).

Institutional Ownership by Quarter for Sprinklr (NYSE:CXM)

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.