Jump Financial LLC Decreases Holdings in Sprinklr, Inc. $CXM

Key Points

• Jump Financial LLC significantly reduced its stake in Sprinklr, Inc. by 76.8%, ending up with 12,037 shares valued at $101,000, after selling 39,763 shares in the first quarter.
• Several institutional investors, including GAMMA Investing LLC and PNC Financial Services Group Inc., increased their holdings in Sprinklr, reflecting varied investor sentiment towards the stock.
• Sprinklr's recent earnings report showed a quarterly revenue of $212.04 million, exceeding analysts' expectations and marking a 7.5% increase year-over-year.

Jump Financial LLC decreased its position in shares of Sprinklr, Inc. (NYSE:CXM - Free Report) by 76.8% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,037 shares of the company's stock after selling 39,763 shares during the quarter. Jump Financial LLC's holdings in Sprinklr were worth $101,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CXM. Price T Rowe Associates Inc. MD lifted its stake in shares of Sprinklr by 7.9% during the 4th 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 in the last quarter. Northern Trust Corp lifted its stake in shares of Sprinklr by 3.3% during the 4th quarter. Northern Trust Corp now owns 1,232,711 shares of the company's stock valued at $10,416,000 after buying an additional 38,895 shares in the last quarter. Ancora Advisors LLC purchased a new position in shares of Sprinklr during the 4th quarter valued at $34,000. BNP Paribas Financial Markets purchased a new position in shares of Sprinklr during the 4th quarter valued at $424,000. Finally, Bank of America Corp DE lifted its stake in shares of Sprinklr by 34.2% during the 4th quarter. Bank of America Corp DE now owns 883,398 shares of the company's stock valued at $7,465,000 after buying an additional 224,886 shares in the last quarter. Hedge funds and other institutional investors own 40.19% of the company's stock.

Insiders Place Their Bets

In other Sprinklr news, CFO Manish Sarin sold 174,749 shares of the company's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $9.07, for a total value of $1,584,973.43. Following the transaction, the chief financial officer directly owned 732,421 shares in the company, valued at $6,643,058.47. This represents a 19.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Battery Partners Ix, Llc sold 81,869 shares of the company's stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $8.55, for a total transaction of $699,979.95. Following the completion of the sale, the insider directly owned 82,500 shares of the company's stock, valued at $705,375. The trade was a 49.81% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,764,302 shares of company stock worth $79,418,953. 60.53% of the stock is owned by company insiders.

Sprinklr Stock Up 1.3%

NYSE:CXM traded up $0.11 during mid-day trading on Monday, hitting $7.92. 3,038,156 shares of the stock traded hands, compared to its average volume of 2,248,616. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 17.59 and a beta of 0.81. The firm's 50 day moving average is $8.63 and its two-hundred day moving average is $8.33. 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, September 3rd. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.03. The business had revenue of $212.04 million for the quarter, compared to the consensus estimate of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The company's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.07 EPS. 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, research analysts predict that Sprinklr, Inc. will post 0.1 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have commented on CXM. Morgan Stanley boosted their price target on shares of Sprinklr from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 5th. Cantor Fitzgerald began coverage on shares of Sprinklr in a research note on Tuesday, June 3rd. They issued a "neutral" rating and a $8.00 price target on the stock. JMP Securities reiterated a "market outperform" rating and issued a $17.00 price target on shares of Sprinklr in a research note on Friday, June 27th. DA Davidson boosted their price target on shares of Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, June 5th. Finally, Wall Street Zen upgraded shares of Sprinklr from a "hold" rating to a "buy" rating in a report on Friday. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $10.10.

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.