Invesco Ltd. Has $4.13 Million Stock Holdings in Sprinklr, Inc. $CXM

Key Points

• Invesco Ltd. increased its stake in Sprinklr, Inc. by 9.0% in the 1st quarter, owning 495,076 shares valued at approximately $4.13 million.
• Several analysts have rated Sprinklr with a consensus of "Hold," with target prices ranging from $8.00 to $12.00.
• Insider trading activity has seen significant sales, with executives selling over 10 million shares in the last three months, indicating potential shifts in investor confidence.

Invesco Ltd. lifted its holdings in Sprinklr, Inc. (NYSE:CXM - Free Report) by 9.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 495,076 shares of the company's stock after purchasing an additional 40,701 shares during the period. Invesco Ltd. owned approximately 0.19% of Sprinklr worth $4,134,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in Sprinklr by 4.4% during the 1st quarter. Bank of New York Mellon Corp now owns 1,560,184 shares of the company's stock worth $13,028,000 after acquiring an additional 65,897 shares in the last quarter. GAMMA Investing LLC raised its position in Sprinklr by 209.5% during the 1st quarter. GAMMA Investing LLC now owns 3,677 shares of the company's stock worth $31,000 after buying an additional 2,489 shares during the last quarter. Bank of America Corp DE raised its position in Sprinklr by 34.2% during the 4th quarter. Bank of America Corp DE now owns 883,398 shares of the company's stock worth $7,465,000 after buying an additional 224,886 shares during the last quarter. Vanguard Group Inc. raised its position in 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 during the last quarter. Finally, Northern Trust Corp grew 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 worth $10,416,000 after purchasing an additional 38,895 shares during the period. Institutional investors and hedge funds own 40.19% of the company's stock.

Insider Activity at Sprinklr

In other Sprinklr news, insider Scott Michael Harvey sold 21,422 shares of the company's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $9.00, for a total transaction of $192,798.00. Following the completion of the sale, the insider directly owned 681,910 shares of the company's stock, valued at approximately $6,137,190. This represents a 3.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 completion of the transaction, the chief financial officer owned 732,421 shares in the company, valued at $6,643,058.47. This represents a 19.26% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,512,691 shares of company stock valued at $85,942,764. Corporate insiders own 60.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CXM. JMP Securities reaffirmed a "market outperform" rating and set a $17.00 price target on shares of Sprinklr in a research note on Friday, June 27th. Rosenblatt Securities reaffirmed a "buy" rating and set a $12.00 price target on shares of Sprinklr in a research note on Thursday, June 5th. Wall Street Zen downgraded shares of Sprinklr from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Cantor Fitzgerald began coverage on shares of Sprinklr in a research note on Tuesday, June 3rd. They set a "neutral" rating and a $8.00 price objective for the company. Finally, DA Davidson boosted their price objective 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. Three 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's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $10.25.

Sprinklr Stock Performance

Shares of CXM traded down $0.15 during midday trading on Monday, hitting $8.60. 4,107,358 shares of the stock traded hands, compared to its average volume of 1,700,470. Sprinklr, Inc. has a 1-year low of $6.75 and a 1-year high of $9.69. The business's 50 day moving average price is $8.65 and its two-hundred day moving average price is $8.37. The firm has a market capitalization of $2.23 billion, a PE ratio of 20.98 and a beta of 0.81.

Sprinklr (NYSE:CXM - Get Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.02. Sprinklr had a net margin of 13.57% and a return on equity of 6.86%. The business had revenue of $205.50 million for the quarter, compared to analysts' expectations of $201.83 million. During the same period in the previous year, the business earned $0.09 earnings per share. The company's revenue was up 4.9% on a year-over-year basis. 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 research analysts forecast that Sprinklr, Inc. will post 0.1 EPS for the current fiscal 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.