159,798 Shares in Sprinklr, Inc. $CXM Bought by Liberty Mutual Group Asset Management Inc.

Key Points

• Liberty Mutual Group Asset Management Inc. has acquired 159,798 shares of Sprinklr, Inc. (NYSE:CXM) valued at approximately $1.35 million, making it the fund's 10th largest holding.
• Analyst ratings for Sprinklr show mixed sentiment, with Barclays reducing their target price to $8.00 while also noting upgrades from other firms, resulting in a consensus rating of "Hold".
• Recently, CFO Manish Sarin sold 37,008 shares of Sprinklr stock, and insiders have sold a total of 474,565 shares within the past 90 days, indicating notable insider activity.

Liberty Mutual Group Asset Management Inc. acquired a new position in shares of Sprinklr, Inc. (NYSE:CXM - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 159,798 shares of the company's stock, valued at approximately $1,352,000. Sprinklr accounts for about 0.3% of Liberty Mutual Group Asset Management Inc.'s investment portfolio, making the stock its 10th largest holding. Liberty Mutual Group Asset Management Inc. owned approximately 0.06% of Sprinklr as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in Sprinklr by 209.5% in the first quarter. GAMMA Investing LLC now owns 3,677 shares of the company's stock worth $31,000 after purchasing an additional 2,489 shares during the period. PNC Financial Services Group Inc. lifted its holdings 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 acquiring an additional 2,668 shares in the last quarter. Quarry LP lifted its holdings in Sprinklr by 5,071.8% during the first 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 bought a new position in Sprinklr during the second quarter worth about $94,000. Finally, CWM LLC grew its position in shares of 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 during the period. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on CXM. Barclays reduced their target price on shares of Sprinklr from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Wednesday, September 3rd. Wall Street Zen upgraded shares of Sprinklr from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Sprinklr in a report on Wednesday, October 8th. Citigroup dropped their target price on Sprinklr from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Tuesday, September 9th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $12.00 price target on shares of Sprinklr in a research report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $10.00.

Sprinklr Trading Up 0.1%

Shares of NYSE CXM opened at $7.53 on Wednesday. The firm has a market cap of $1.84 billion, a P/E ratio of 16.72 and a beta of 0.78. Sprinklr, Inc. has a 1-year low of $6.75 and a 1-year high of $9.69. The business's 50 day moving average is $8.02 and its 200-day moving average is $8.17.

Sprinklr (NYSE:CXM - Get Free Report) last announced its earnings results 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. The company 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 firm's quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 earnings per share. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. Analysts forecast that Sprinklr, Inc. will post 0.1 EPS for the current year.

Insider Buying and Selling at Sprinklr

In other news, CFO Manish Sarin sold 37,008 shares of Sprinklr stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $7.75, for a total value of $286,812.00. Following the completion of the transaction, the chief financial officer directly owned 695,413 shares of the company's stock, valued at approximately $5,389,450.75. This trade represents a 5.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Neeraj Agrawal sold 150,000 shares of Sprinklr stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $7.61, for a total value of $1,141,500.00. The disclosure for this sale can be found here. Insiders sold 474,565 shares of company stock worth $3,629,473 over the last 90 days. Company insiders own 60.53% of the company's stock.

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.

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