Bullseye Asset Management LLC Has $3.72 Million Position in Sprinklr, Inc. $CXM

Bullseye Asset Management LLC lifted its stake in Sprinklr, Inc. (NYSE:CXMFree Report) by 142.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 481,701 shares of the company’s stock after acquiring an additional 283,031 shares during the quarter. Sprinklr makes up 1.9% of Bullseye Asset Management LLC’s portfolio, making the stock its 16th biggest holding. Bullseye Asset Management LLC owned 0.20% of Sprinklr worth $3,719,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Sprinklr by 2.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock valued at $988,000 after purchasing an additional 2,478 shares in the last quarter. Millennium Management LLC grew its stake in shares of Sprinklr by 4.6% in the 1st quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after buying an additional 25,609 shares in the last quarter. Caxton Associates LLP acquired a new position in Sprinklr in the first quarter worth approximately $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Sprinklr by 4.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock worth $2,177,000 after buying an additional 10,136 shares during the last quarter. Finally, Aviva PLC raised its position in Sprinklr by 148.4% during the second quarter. Aviva PLC now owns 56,715 shares of the company’s stock valued at $480,000 after acquiring an additional 33,883 shares in the last quarter. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Sprinklr News Roundup

Here are the key news stories impacting Sprinklr this week:

Sprinklr Trading Down 1.1%

CXM opened at $5.82 on Friday. The business has a 50 day moving average of $6.24 and a 200-day moving average of $7.20. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 64.62 and a beta of 0.78. Sprinklr, Inc. has a 1-year low of $5.12 and a 1-year high of $9.43.

Sprinklr (NYSE:CXMGet Free Report) last announced its earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The business had revenue of $220.59 million for the quarter, compared to analyst estimates of $216.93 million. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. Sprinklr’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.10 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. Equities analysts predict that Sprinklr, Inc. will post 0.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Citizens Jmp reduced their target price on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a research note on Thursday. Weiss Ratings cut shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, February 26th. Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday. Citigroup cut their target price on Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, DA Davidson reduced their price target on Sprinklr from $9.00 to $6.50 and set a “neutral” rating for the company in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Sprinklr currently has an average rating of “Reduce” and an average target price of $8.69.

View Our Latest Stock Analysis on CXM

Insider Activity at Sprinklr

In other news, General Counsel Jacob Scott sold 21,665 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $7.12, for a total transaction of $154,254.80. Following the transaction, the general counsel owned 404,723 shares in the company, valued at approximately $2,881,627.76. The trade was a 5.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CMO Arun Pattabhiraman sold 16,533 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total transaction of $128,626.74. Following the transaction, the chief marketing officer directly owned 517,878 shares of the company’s stock, valued at $4,029,090.84. This represents a 3.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 456,261 shares of company stock worth $3,150,245. Insiders own 60.53% of the company’s stock.

About Sprinklr

(Free Report)

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.

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Institutional Ownership by Quarter for Sprinklr (NYSE:CXM)

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