American Century Companies Inc. Purchases New Shares in Sprinklr, Inc. $CXM

Key Points

• American Century Companies Inc. acquired 64,352 shares of Sprinklr, Inc. (NYSE:CXM), valued at approximately $537,000, in its most recent filing.
• Multiple institutional investors have increased their positions, with Vanguard Group Inc. raising its stake by 8.5% to over 14 million shares, while Jefferies Financial Group Inc. raised its position by 96.4% during the fourth quarter.
• Analysts have mixed views on Sprinklr, with Barclays lowering its price target from $9.00 to $8.00 while others, like JMP Securities, maintain a higher price target of $17.00, reflecting a consensus rating of "Hold."

American Century Companies Inc. purchased a new stake in shares of Sprinklr, Inc. (NYSE:CXM - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 64,352 shares of the company's stock, valued at approximately $537,000.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in shares of 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 acquiring an additional 2,489 shares during the period. 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 valued at $54,000 after buying an additional 2,668 shares during the period. Ancora Advisors LLC bought a new stake in Sprinklr during the fourth quarter valued at approximately $34,000. Price T Rowe Associates Inc. MD grew its position in Sprinklr by 7.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 56,970 shares of the company's stock valued at $482,000 after buying an additional 4,194 shares during the period. Finally, Victory Capital Management Inc. grew its position in Sprinklr by 5.3% during the first quarter. Victory Capital Management Inc. now owns 91,714 shares of the company's stock valued at $766,000 after buying an additional 4,644 shares during the period. 40.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on CXM shares. Cantor Fitzgerald started coverage on shares of Sprinklr in a research report on Tuesday, June 3rd. They set a "neutral" rating and a $8.00 target price for the company. JMP Securities restated a "market outperform" rating and set a $17.00 target price on shares of Sprinklr in a research report on Friday, June 27th. Citigroup cut their target price on shares of Sprinklr from $10.00 to $9.00 and set a "neutral" rating for the company in a research report on Tuesday. Wells Fargo & Company boosted their target price on shares of Sprinklr from $6.00 to $7.00 and gave the company an "underweight" rating in a research report on Thursday, June 5th. Finally, Morgan Stanley boosted their target price on shares of Sprinklr from $8.00 to $10.00 and gave the company an "equal weight" rating in a research report on Thursday, June 5th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Sprinklr has an average rating of "Hold" and an average target price of $10.00.

Sprinklr Price Performance

Shares of CXM stock traded up $0.22 during mid-day trading on Thursday, hitting $7.93. The company had a trading volume of 1,503,752 shares, compared to its average volume of 2,237,159. Sprinklr, Inc. has a 52-week low of $6.75 and a 52-week high of $9.69. The stock's 50 day moving average price is $8.58 and its 200-day moving average price is $8.32. The company has a market capitalization of $2.05 billion, a P/E ratio of 17.61 and a beta of 0.81.

Sprinklr (NYSE:CXM - Get Free Report) last released its earnings results on Wednesday, September 3rd. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.10 by $0.03. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The firm had revenue of $212.04 million for the quarter, compared to the consensus estimate of $205.39 million. During the same quarter in the previous year, the firm earned $0.07 earnings per share. The company's quarterly revenue 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. On average, equities research analysts expect that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

Insider Transactions at Sprinklr

In other news, insider Scott Michael Harvey sold 121,057 shares of the business's stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $8.32, for a total value 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. The trade was a 14.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ragy Thomas sold 3,000,000 shares of the company's stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $7.94, for a total transaction of $23,820,000.00. Following the sale, the director directly owned 974,286 shares in the company, valued at approximately $7,735,830.84. The trade was a 75.49% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,561,373 shares of company stock valued at $77,660,908. 60.53% of the stock is 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.