Public Sector Pension Investment Board Has $2.96 Million Stake in Sprinklr, Inc. $CXM

Key Points

• The Public Sector Pension Investment Board increased its holdings in Sprinklr, Inc. by 28.3%, now owning approximately 0.14% of the company valued at $2.96 million.
• Sprinklr reported $0.12 EPS for the recent quarter, exceeding expectations, while quarterly revenue rose 4.9% year-over-year to $205.5 million.
• Several analysts have upgraded their target prices for Sprinklr, with a consensus target of $10.25 and a mix of ratings from buy to hold.

Public Sector Pension Investment Board raised its stake in Sprinklr, Inc. (NYSE:CXM - Free Report) by 28.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 354,563 shares of the company's stock after purchasing an additional 78,190 shares during the period. Public Sector Pension Investment Board owned 0.14% of Sprinklr worth $2,961,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Sprinklr by 8.5% in the first quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company's stock valued at $121,065,000 after purchasing an additional 1,138,542 shares during the last quarter. Jefferies Financial Group Inc. increased its holdings in shares of Sprinklr by 96.4% in the fourth quarter. Jefferies Financial Group Inc. now owns 5,807,400 shares of the company's stock valued at $49,073,000 after purchasing an additional 2,851,106 shares during the last quarter. Deutsche Bank AG boosted its position in shares of Sprinklr by 2.7% in the fourth quarter. Deutsche Bank AG now owns 2,792,583 shares of the company's stock valued at $23,597,000 after acquiring an additional 73,405 shares during the period. Letko Brosseau & Associates Inc. boosted its position in shares of Sprinklr by 1.0% in the first quarter. Letko Brosseau & Associates Inc. now owns 1,748,875 shares of the company's stock valued at $14,603,000 after acquiring an additional 17,275 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of Sprinklr by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 1,560,184 shares of the company's stock valued at $13,028,000 after acquiring an additional 65,897 shares during the period. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CXM. Morgan Stanley boosted their target price on shares of Sprinklr from $8.00 to $10.00 and gave the company an "equal weight" rating in a research report on Thursday, June 5th. Rosenblatt Securities reissued a "buy" rating and issued a $12.00 target price on shares of Sprinklr in a research report on Thursday, June 5th. DA Davidson boosted their target price on shares of Sprinklr from $8.00 to $9.00 and gave the company a "neutral" rating in a research report on Thursday, June 5th. Wall Street Zen cut shares of Sprinklr from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, JMP Securities reiterated a "market outperform" rating and set a $17.00 price objective on shares of Sprinklr in a research note on Friday, June 27th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Sprinklr currently has an average rating of "Hold" and an average price target of $10.25.

Sprinklr Stock Down 1.3%

Shares of CXM stock traded down $0.1150 on Monday, reaching $8.6050. The company had a trading volume of 1,593,065 shares, compared to its average volume of 1,562,277. The stock has a market capitalization of $2.23 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 1.92 and a beta of 0.81. Sprinklr, Inc. has a one year low of $6.75 and a one year high of $9.69. The business's 50-day moving average is $8.62 and its 200 day moving average is $8.39.

Sprinklr (NYSE:CXM - Get Free Report) last posted its earnings results on Wednesday, June 4th. The company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.02. The firm had revenue of $205.50 million during the quarter, compared to analysts' expectations of $201.83 million. Sprinklr had a net margin of 13.57% and a return on equity of 6.86%. The business's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business 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, sell-side analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.

Insider Transactions at Sprinklr

In other news, CFO Manish Sarin sold 174,749 shares of the 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 of the company's stock, valued at approximately $6,643,058.47. This represents a 19.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Neeraj Agrawal sold 378,940 shares of the company's stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $8.76, for a total value of $3,319,514.40. Following the completion of the transaction, the director directly owned 321,304 shares of the company's stock, valued at $2,814,623.04. This represents a 54.12% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,512,691 shares of company stock valued at $85,942,764. 60.53% of the stock is owned by company insiders.

Sprinklr 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.