Sprinklr, Inc. $CXM Position Reduced by Northern Trust Corp

Northern Trust Corp trimmed its stake in shares of Sprinklr, Inc. (NYSE:CXM) by 5.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,165,291 shares of the company’s stock after selling 67,420 shares during the quarter. Northern Trust Corp owned approximately 0.46% of Sprinklr worth $9,730,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Sprinklr by 8.5% during the 1st quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company’s stock valued at $121,065,000 after acquiring an additional 1,138,542 shares during the last quarter. Jefferies Financial Group Inc. boosted its stake in Sprinklr by 96.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 5,807,400 shares of the company’s stock valued at $49,073,000 after acquiring an additional 2,851,106 shares during the last quarter. Deutsche Bank AG boosted its stake in Sprinklr by 2.7% during the 4th quarter. Deutsche Bank AG now owns 2,792,583 shares of the company’s stock valued at $23,597,000 after acquiring an additional 73,405 shares during the last quarter. Letko Brosseau & Associates Inc. lifted its position in shares of Sprinklr by 1.0% in the 1st quarter. Letko Brosseau & Associates Inc. now owns 1,748,875 shares of the company’s stock worth $14,603,000 after buying an additional 17,275 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Sprinklr by 4.4% in the 1st quarter. Bank of New York Mellon Corp now owns 1,560,184 shares of the company’s stock worth $13,028,000 after buying an additional 65,897 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. DA Davidson raised their price target on shares of Sprinklr from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, June 5th. Cantor Fitzgerald assumed coverage on shares of Sprinklr in a research report on Tuesday, June 3rd. They issued a “neutral” rating and a $8.00 price target on the stock. Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a research report on Friday. Morgan Stanley raised their price target on shares of Sprinklr from $8.00 to $10.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 5th. Finally, JMP Securities restated a “market outperform” rating and issued a $17.00 price target on shares of Sprinklr in a research report on Friday, June 27th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Sprinklr has an average rating of “Hold” and an average price target of $10.10.

Sprinklr Stock Down 0.3%

CXM stock opened at $7.81 on Friday. Sprinklr, Inc. has a fifty-two week low of $6.75 and a fifty-two week high of $9.69. The firm’s 50-day simple moving average is $8.64 and its 200 day simple moving average is $8.35. The stock has a market cap of $2.02 billion, a PE ratio of 17.34 and a beta of 0.81.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The business had revenue of $212.04 million for the quarter, compared to analysts’ expectations of $205.39 million. During the same quarter last year, the company earned $0.07 EPS. The company’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. Equities analysts forecast that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Insider Activity

In other Sprinklr news, insider Scott Michael Harvey sold 121,057 shares of the firm’s stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $8.32, for a total transaction of $1,007,194.24. Following the transaction, the insider owned 703,332 shares of the company’s stock, valued at approximately $5,851,722.24. This trade represents a 14.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Neeraj Agrawal sold 378,940 shares of the firm’s stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $8.76, for a total transaction of $3,319,514.40. Following the transaction, the director directly owned 321,304 shares in the company, valued at approximately $2,814,623.04. The trade was a 54.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,143,242 shares of company stock worth $82,738,467 in the last 90 days. 60.53% of the stock is currently owned by corporate insiders.

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.