Vanguard Group Inc. grew its stake in shares of Sprinklr, Inc. (NYSE:CXM – Free Report) by 8.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,498,855 shares of the company’s stock after buying an additional 1,138,542 shares during the quarter. Vanguard Group Inc. owned 5.67% of Sprinklr worth $121,065,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Wells Fargo & Company MN grew its stake in shares of Sprinklr by 28.0% in the fourth quarter. Wells Fargo & Company MN now owns 59,965 shares of the company’s stock worth $507,000 after purchasing an additional 13,110 shares during the last quarter. Townsquare Capital LLC bought a new stake in Sprinklr during the 4th quarter valued at approximately $115,000. Mariner LLC lifted its holdings in shares of Sprinklr by 51.8% during the fourth quarter. Mariner LLC now owns 23,730 shares of the company’s stock valued at $201,000 after purchasing an additional 8,102 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Sprinklr by 10.6% during the fourth quarter. NewEdge Advisors LLC now owns 28,212 shares of the company’s stock valued at $238,000 after purchasing an additional 2,700 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Sprinklr by 146.7% during the fourth quarter. Canada Pension Plan Investment Board now owns 14,800 shares of the company’s stock valued at $125,000 after purchasing an additional 8,800 shares during the last quarter. 40.19% of the stock is owned by institutional investors.
Insider Transactions at Sprinklr
In other news, insider Scott Michael Harvey sold 21,422 shares of the stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $9.00, for a total transaction of $192,798.00. Following the transaction, the insider directly owned 681,910 shares in the company, valued at approximately $6,137,190. This trade represents a 3.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Arun Pattabhiraman sold 16,222 shares of the stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $8.17, for a total transaction of $132,533.74. Following the transaction, the chief marketing officer owned 551,206 shares in the company, valued at approximately $4,503,353.02. This represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,512,691 shares of company stock valued at $85,942,764 over the last three months. 60.53% of the stock is currently owned by corporate insiders.
Sprinklr Price Performance
Sprinklr (NYSE:CXM – Get Free Report) last issued its earnings results on Wednesday, June 4th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $205.50 million for the quarter, compared to the consensus estimate of $201.83 million. Sprinklr had a net margin of 13.57% and a return on equity of 6.86%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.09 EPS. Sprinklr has set its FY 2026 guidance at 0.390-0.400 EPS. Q2 2026 guidance at 0.100-0.100 EPS. 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 equities analysts recently weighed in on CXM shares. Cantor Fitzgerald started coverage on shares of Sprinklr in a report on Tuesday, June 3rd. They issued a “neutral” rating and a $8.00 price objective for the company. Wells Fargo & Company lifted their target price on shares of Sprinklr from $6.00 to $7.00 and gave the stock an “underweight” rating in a research report on Thursday, June 5th. JMP Securities reissued a “market outperform” rating and set a $17.00 price objective on shares of Sprinklr in a research report on Friday, June 27th. DA Davidson upped their target price on shares of Sprinklr from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Thursday, June 5th. Finally, Wall Street Zen downgraded shares of Sprinklr from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $10.25.
Read Our Latest Research Report on Sprinklr
Sprinklr 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.
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