Hsbc Holdings PLC Trims Stock Position in Sprinklr, Inc. $CXM

Hsbc Holdings PLC cut its holdings in shares of Sprinklr, Inc. (NYSE:CXM) by 88.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,480 shares of the company’s stock after selling 104,989 shares during the quarter. Hsbc Holdings PLC’s holdings in Sprinklr were worth $113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Versor Investments LP purchased a new position in Sprinklr during the first quarter worth about $173,000. Freestone Capital Holdings LLC acquired a new stake in Sprinklr during the first quarter worth about $105,000. Algert Global LLC acquired a new stake in Sprinklr during the first quarter worth about $708,000. American Century Companies Inc. acquired a new stake in Sprinklr during the first quarter worth about $537,000. Finally, Fox Run Management L.L.C. acquired a new stake in Sprinklr during the first quarter worth about $277,000. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on CXM shares. Morgan Stanley upped their price target on Sprinklr from $8.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 5th. Rosenblatt Securities restated a “buy” rating and set a $12.00 price target on shares of Sprinklr in a research note on Thursday. Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research note on Friday. Wells Fargo & Company upped their price target on Sprinklr from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Thursday, June 5th. Finally, Barclays dropped their price target on Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $10.10.

Insider Transactions at Sprinklr

In related news, insider Scott Michael Harvey sold 121,057 shares of the stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $8.32, for a total value of $1,007,194.24. Following the completion of the transaction, the insider owned 703,332 shares of the company’s stock, valued at approximately $5,851,722.24. This represents a 14.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Battery Partners Ix, Llc sold 81,869 shares of the stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $8.55, for a total value of $699,979.95. Following the completion of the transaction, the insider directly owned 82,500 shares of the company’s stock, valued at $705,375. This represents a 49.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,143,242 shares of company stock valued at $82,738,467 in the last three months. 60.53% of the stock is currently owned by company insiders.

Sprinklr Stock Performance

Shares of NYSE:CXM opened at $7.81 on Friday. The company has a market cap of $2.02 billion, a P/E ratio of 17.34 and a beta of 0.81. Sprinklr, Inc. has a one year low of $6.75 and a one year high of $9.69. The business’s 50-day simple moving average is $8.64 and its 200 day simple moving average is $8.34.

Sprinklr (NYSE:CXM) last announced its earnings results on Wednesday, September 3rd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $212.04 million for the quarter, compared to the consensus estimate of $205.39 million. Sprinklr had a return on equity of 8.59% and a net margin of 14.64%.The company’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $0.07 EPS. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. Analysts predict that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

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.