Charles Schwab Investment Management Inc. Has $9.16 Million Position in Sprinklr, Inc. $CXM

Key Points

• Charles Schwab Investment Management Inc. increased its holdings in Sprinklr, Inc. by 4.0%, acquiring an additional 42,234 shares to bring its total ownership to over 1 million shares worth approximately $9.16 million.
• Significant insider trading occurred as major shareholder Roger H. Lee sold 285,439 shares for about $2.48 million, decreasing his position by 55.45%, while CFO Manish Sarin sold 174,749 shares valued at approximately $1.58 million.
• Sprinklr recently reported a quarterly earnings per share of $0.12, exceeding estimates, and its consensus rating among analysts is currently a "Hold" with an average price target of $10.25.

Charles Schwab Investment Management Inc. raised its position in Sprinklr, Inc. (NYSE:CXM - Free Report) by 4.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,097,526 shares of the company's stock after acquiring an additional 42,234 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.43% of Sprinklr worth $9,164,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CXM. GAMMA Investing LLC boosted its holdings in Sprinklr by 209.5% in the 1st 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. increased its holdings in shares of 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 purchasing an additional 2,668 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Sprinklr by 10.6% during the fourth quarter. NewEdge Advisors LLC now owns 28,212 shares of the company's stock valued at $238,000 after purchasing an additional 2,700 shares during the period. Ancora Advisors LLC acquired a new position in Sprinklr during the fourth quarter worth about $34,000. Finally, Price T Rowe Associates Inc. MD grew its holdings 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 worth $482,000 after acquiring an additional 4,194 shares during the period. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Sprinklr

In other news, CFO Manish Sarin sold 174,749 shares of the business's stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $9.07, for a total transaction of $1,584,973.43. Following the completion of the sale, the chief financial officer owned 732,421 shares in the company, valued at $6,643,058.47. The trade was a 19.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Scott Michael Harvey sold 21,422 shares of the business's stock in a transaction on Monday, July 7th. The stock was sold at an average price of $9.00, for a total value of $192,798.00. Following the sale, the insider owned 681,910 shares of the company's stock, valued at approximately $6,137,190. The trade was a 3.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,512,691 shares of company stock valued at $85,942,764 over the last quarter. 60.53% of the stock is currently owned by corporate insiders.

Sprinklr Stock Performance

Sprinklr stock traded down $0.15 on Friday, reaching $8.60. The company's stock had a trading volume of 4,107,358 shares, compared to its average volume of 1,591,293. The company has a market cap of $2.23 billion, a price-to-earnings ratio of 20.98, a PEG ratio of 1.92 and a beta of 0.81. The business's fifty day moving average price is $8.65 and its 200 day moving average price is $8.38. Sprinklr, Inc. has a twelve month low of $6.75 and a twelve month high of $9.69.

Sprinklr (NYSE:CXM - Get Free Report) last released its earnings results on Wednesday, June 4th. The company reported $0.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.02. The company had revenue of $205.50 million during the quarter, compared to the consensus estimate of $201.83 million. Sprinklr had a return on equity of 6.86% and a net margin of 13.57%.The firm's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.09 earnings per share. Sprinklr has set its FY 2026 guidance at 0.390-0.400 EPS. Q2 2026 guidance at 0.100-0.100 EPS. As a group, equities analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on CXM. Wall Street Zen lowered Sprinklr from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. JMP Securities reissued a "market outperform" rating and issued a $17.00 price objective on shares of Sprinklr in a research note on Friday, June 27th. Wells Fargo & Company lifted their price target on Sprinklr from $6.00 to $7.00 and gave the stock an "underweight" rating in a research report on Thursday, June 5th. Morgan Stanley lifted their price objective on Sprinklr from $8.00 to $10.00 and gave the stock an "equal weight" rating in a report on Thursday, June 5th. Finally, DA Davidson lifted their price objective on Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a report on Thursday, June 5th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Sprinklr has an average rating of "Hold" and a consensus price target of $10.25.

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.