Fox Run Management L.L.C. Purchases Shares of 33,139 Sprinklr, Inc. $CXM

Key Points

• Fox Run Management L.L.C. has invested $277,000 in Sprinklr, purchasing 33,139 shares of the company's stock.
• In the fourth quarter, several institutional investors increased their stakes in Sprinklr, highlighting growing interest in the company.
• Sprinklr recently reported $0.12 earnings per share for the quarter, exceeding analysts' estimates of $0.10, alongside a revenue of $205.50 million.

Fox Run Management L.L.C. bought a new position in Sprinklr, Inc. (NYSE:CXM - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 33,139 shares of the company's stock, valued at approximately $277,000.

Other large investors have also added to or reduced their stakes in the company. Public Sector Pension Investment Board grew its stake in shares of Sprinklr by 28.3% during the first quarter. Public Sector Pension Investment Board now owns 354,563 shares of the company's stock worth $2,961,000 after acquiring an additional 78,190 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Sprinklr during the first quarter worth about $4,341,000. Invesco Ltd. grew its stake in shares of Sprinklr by 9.0% during the first quarter. Invesco Ltd. now owns 495,076 shares of the company's stock worth $4,134,000 after acquiring an additional 40,701 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Sprinklr by 4.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,097,526 shares of the company's stock worth $9,164,000 after acquiring an additional 42,234 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Sprinklr by 8.5% during the first quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company's stock worth $121,065,000 after acquiring an additional 1,138,542 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Sprinklr news, Director Ragy Thomas sold 3,000,000 shares of the business's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $7.94, for a total value of $23,820,000.00. Following the completion of the transaction, the director directly owned 974,286 shares of the company's stock, valued at approximately $7,735,830.84. The trade was a 75.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Scott Michael Harvey sold 121,057 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 703,332 shares of the company's stock, valued at $5,851,722.24. The trade was a 14.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,512,691 shares of company stock valued at $85,942,764 in the last three months. 60.53% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

CXM has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their price target on Sprinklr from $6.00 to $7.00 and gave the stock an "underweight" rating in a research note on Thursday, June 5th. JMP Securities restated a "market outperform" rating and set a $17.00 price target on shares of Sprinklr in a research note on Friday, June 27th. Wall Street Zen lowered Sprinklr from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. DA Davidson boosted their price target on Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, June 5th. Finally, Cantor Fitzgerald started coverage on Sprinklr in a research report on Tuesday, June 3rd. They issued a "neutral" rating and a $8.00 target price on the stock. Three research 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. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $10.25.

Sprinklr Stock Performance

NYSE CXM traded up $0.4150 during trading hours on Friday, reaching $8.7150. The stock had a trading volume of 1,468,444 shares, compared to its average volume of 1,613,144. The stock has a fifty day moving average of $8.61 and a 200 day moving average of $8.39. The stock has a market cap of $2.26 billion, a P/E ratio of 21.26, a price-to-earnings-growth ratio of 1.92 and a beta of 0.81. Sprinklr, Inc. has a 52-week low of $6.75 and a 52-week high of $9.69.

Sprinklr (NYSE:CXM - Get Free Report) last issued its earnings results on Wednesday, June 4th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.02. The firm had revenue of $205.50 million for the quarter, compared to analyst estimates of $201.83 million. Sprinklr had a return on equity of 6.86% and a net margin of 13.57%.Sprinklr's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. On average, equities research analysts forecast that Sprinklr, Inc. will post 0.1 EPS for the current year.

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.