SG Americas Securities LLC Has $50.27 Million Position in Sprinklr, Inc. $CXM

SG Americas Securities LLC raised its stake in shares of Sprinklr, Inc. (NYSE:CXM) by 84.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,377,479 shares of the company’s stock after buying an additional 3,846,652 shares during the period. SG Americas Securities LLC’s holdings in Sprinklr were worth $50,265,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CXM. Aster Capital Management DIFC Ltd increased its stake in shares of Sprinklr by 148.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after acquiring an additional 1,940 shares during the last quarter. Larson Financial Group LLC boosted its position in Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after purchasing an additional 4,143 shares during the last quarter. Empowered Funds LLC acquired a new stake in Sprinklr during the fourth quarter valued at $38,000. Kemnay Advisory Services Inc. purchased a new position in Sprinklr in the fourth quarter valued at about $44,000. Finally, Kestra Advisory Services LLC purchased a new position in Sprinklr in the fourth quarter valued at about $45,000. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Sprinklr Price Performance

Sprinklr stock opened at $4.96 on Tuesday. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 41.38 and a beta of 0.59. Sprinklr, Inc. has a one year low of $4.72 and a one year high of $9.40. The company’s fifty day moving average price is $5.27 and its two-hundred day moving average price is $6.11.

Sprinklr (NYSE:CXM) last posted its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The company had revenue of $219.48 million for the quarter, compared to analyst estimates of $215.89 million. During the same period last year, the company earned $0.12 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. 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, sell-side analysts anticipate that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CXM. Morgan Stanley cut their price target on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. DA Davidson dropped their price objective on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Rosenblatt Securities cut their price objective on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Finally, Citigroup cut their price objective on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $7.79.

Insider Buying and Selling at Sprinklr

In related news, insider Karthik Suri sold 41,852 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $5.14, for a total value of $215,119.28. Following the transaction, the insider directly owned 1,111,472 shares of the company’s stock, valued at approximately $5,712,966.08. This trade represents a 3.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanjay Macwan sold 27,277 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total value of $144,568.10. Following the completion of the sale, the insider owned 552,933 shares of the company’s stock, valued at approximately $2,930,544.90. This trade represents a 4.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 321,571 shares of company stock worth $1,697,630 in the last 90 days. Company insiders own 25.18% of the company’s stock.

About Sprinklr

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.