Aviva PLC Raises Stake in Sprinklr, Inc. $CXM

Aviva PLC lifted its stake in shares of Sprinklr, Inc. (NYSE:CXM) by 148.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 56,715 shares of the company’s stock after purchasing an additional 33,883 shares during the quarter. Aviva PLC’s holdings in Sprinklr were worth $480,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CXM. PNC Financial Services Group Inc. grew its position in Sprinklr by 69.2% during the first quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company’s stock worth $54,000 after buying an additional 2,668 shares during the period. Quarry LP boosted its stake in shares of Sprinklr by 5,071.8% during the 1st quarter. Quarry LP now owns 7,706 shares of the company’s stock worth $64,000 after acquiring an additional 7,557 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Sprinklr in the 2nd quarter worth approximately $94,000. CWM LLC increased its stake in Sprinklr by 266.6% in the 2nd quarter. CWM LLC now owns 11,118 shares of the company’s stock valued at $94,000 after purchasing an additional 8,085 shares in the last quarter. Finally, Freestone Capital Holdings LLC acquired a new position in Sprinklr during the first quarter worth $105,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on CXM. Barclays cut 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, September 3rd. Rosenblatt Securities reiterated a “buy” rating and issued a $12.00 price target on shares of Sprinklr in a research report on Tuesday, September 30th. Citigroup dropped their price objective on shares of Sprinklr from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Tuesday, September 9th. Wall Street Zen lowered Sprinklr from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Sprinklr in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $10.00.

Sprinklr Trading Down 2.9%

CXM stock opened at $7.29 on Friday. The company has a market cap of $1.78 billion, a PE ratio of 16.19 and a beta of 0.78. The stock has a 50-day moving average price of $7.70 and a two-hundred day moving average price of $8.19. Sprinklr, Inc. has a 12-month low of $6.75 and a 12-month high of $9.69.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.13 earnings per share 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 analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the company 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. Equities analysts forecast that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Manish Sarin sold 37,008 shares of the company’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $286,812.00. Following the completion of the sale, the chief financial officer directly owned 695,413 shares of the company’s stock, valued at approximately $5,389,450.75. This represents a 5.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rory P. Read sold 258,214 shares of the stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $7.48, for a total value of $1,931,440.72. Following the completion of the sale, the chief executive officer owned 1,879,286 shares of the company’s stock, valued at approximately $14,057,059.28. This represents a 12.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 732,709 shares of company stock worth $5,557,979. 60.53% of the stock is owned by company 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.