AlphaQuest LLC Buys 80,085 Shares of Sprinklr, Inc. $CXM

Key Points

• AlphaQuest LLC increased its holdings in Sprinklr, Inc. by 234.7%, purchasing an additional 80,085 shares, bringing its total to 114,203 shares valued at $966,000.
• Other institutional investors, including Vanguard Group, Nuveen LLC, and Panagora Asset Management, have also significantly adjusted their positions in Sprinklr, demonstrating strong interest in the company.
• Spriinklr's recent earnings report showed an earnings per share (EPS) of $0.13, surpassing analysts' expectations of $0.10, with revenue rising 7.5% year-over-year.

AlphaQuest LLC lifted its holdings in shares of Sprinklr, Inc. (NYSE:CXM - Free Report) by 234.7% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 114,203 shares of the company's stock after buying an additional 80,085 shares during the period. AlphaQuest LLC's holdings in Sprinklr were worth $966,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of CXM. Vanguard Group Inc. raised its holdings in shares of Sprinklr by 8.5% during the 1st quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company's stock worth $121,065,000 after buying an additional 1,138,542 shares in the last quarter. Nuveen LLC acquired a new position in shares of Sprinklr during the 1st quarter worth $4,341,000. Panagora Asset Management Inc. raised its holdings in shares of Sprinklr by 409.2% during the 1st quarter. Panagora Asset Management Inc. now owns 394,308 shares of the company's stock worth $3,292,000 after buying an additional 316,868 shares in the last quarter. S Squared Technology LLC raised its holdings in shares of Sprinklr by 78.0% during the 1st quarter. S Squared Technology LLC now owns 445,039 shares of the company's stock worth $3,716,000 after buying an additional 195,039 shares in the last quarter. Finally, Liberty Mutual Group Asset Management Inc. acquired a new position in shares of Sprinklr during the 2nd quarter worth $1,352,000. Institutional investors and hedge funds own 40.19% of the company's stock.

Insiders Place Their Bets

In other Sprinklr news, CMO Arun Pattabhiraman sold 16,795 shares of the stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $7.75, for a total value of $130,161.25. Following the transaction, the chief marketing officer owned 534,411 shares in the company, valued at approximately $4,141,685.25. This represents a 3.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ragy Thomas sold 28,916 shares of the stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $7.75, for a total value of $224,099.00. Following the completion of the transaction, the director owned 737,301 shares in the company, valued at approximately $5,714,082.75. The trade was a 3.77% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 474,565 shares of company stock valued at $3,629,473. 60.53% of the stock is currently owned by corporate insiders.

Sprinklr Trading Up 0.3%

NYSE CXM opened at $7.79 on Friday. The business's 50-day moving average price is $7.94 and its two-hundred day moving average price is $8.17. Sprinklr, Inc. has a 12 month low of $6.75 and a 12 month high of $9.69. The firm has a market capitalization of $1.90 billion, a PE ratio of 17.30 and a beta of 0.78.

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. The business had revenue of $212.04 million during the quarter, compared to analysts' expectations of $205.39 million. Sprinklr had a return on equity of 8.59% and a net margin of 14.64%.The firm's revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $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. As a group, analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CXM has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Sprinklr in a report on Friday. Citigroup lowered their target price on Sprinklr from $10.00 to $9.00 and set a "neutral" rating for the company in a report on Tuesday, September 9th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $12.00 target price on shares of Sprinklr in a report on Tuesday, September 30th. Barclays lowered their target price on Sprinklr from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Wednesday, September 3rd. Finally, Wall Street Zen raised Sprinklr from a "buy" rating to a "strong-buy" rating in a report on Sunday. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Sprinklr has an average rating of "Hold" and an average price target of $10.00.

About Sprinklr

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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