Public Sector Pension Investment Board Has $2.96 Million Position 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 increased its holdings in shares of Sprinklr, Inc. (NYSE:CXM - Free Report) by 28.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 approximately 0.14% of Sprinklr worth $2,961,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CXM. Nuveen LLC acquired a new stake in Sprinklr in the 1st quarter valued at approximately $4,341,000. Invesco Ltd. raised its position in Sprinklr by 9.0% in the 1st quarter. Invesco Ltd. now owns 495,076 shares of the company's stock valued at $4,134,000 after buying an additional 40,701 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Sprinklr by 4.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,097,526 shares of the company's stock valued at $9,164,000 after buying an additional 42,234 shares during the last quarter. Vanguard Group Inc. raised its position in Sprinklr by 8.5% in the 1st quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company's stock valued at $121,065,000 after buying an additional 1,138,542 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Sprinklr by 69.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company's stock valued at $54,000 after buying an additional 2,668 shares during the last quarter. Institutional investors own 40.19% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on CXM shares. DA Davidson lifted their target price on 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 lowered Sprinklr from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Morgan Stanley boosted their price target on Sprinklr from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research report on Thursday, June 5th. JMP Securities reaffirmed a "market outperform" rating and set a $17.00 price target on shares of Sprinklr in a research report on Friday, June 27th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $12.00 price target on shares of Sprinklr in a research report on Thursday, June 5th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $10.25.

Insiders Place Their Bets

In related 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 value of $1,584,973.43. Following the completion of the sale, the chief financial officer directly owned 732,421 shares in the company, valued at $6,643,058.47. The trade was a 19.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ragy Thomas sold 3,000,000 shares of the business's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $8.37, for a total value of $25,110,000.00. Following the completion of the sale, the director owned 766,217 shares of the company's stock, valued at $6,413,236.29. This trade represents a 79.66% 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 worth $85,942,764 over the last three months. 60.53% of the stock is currently owned by corporate insiders.

Sprinklr Stock Up 5.0%

Shares of NYSE CXM traded up $0.4150 during midday trading on Friday, hitting $8.7150. 1,468,444 shares of the company's stock were exchanged, compared to its average volume of 1,613,144. Sprinklr, Inc. has a 12 month low of $6.75 and a 12 month high of $9.69. The company's 50 day moving average price is $8.61 and its 200 day moving average price is $8.39. The firm has a market capitalization of $2.26 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 1.92 and a beta of 0.81.

Sprinklr (NYSE:CXM - Get Free Report) last issued its earnings results on Wednesday, June 4th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.10 by $0.02. Sprinklr had a return on equity of 6.86% and a net margin of 13.57%.The company had revenue of $205.50 million during the quarter, compared to the consensus estimate of $201.83 million. During the same period in the previous year, the company posted $0.09 EPS. The firm's revenue for the quarter was up 4.9% compared to the same quarter last year. 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 anticipate that Sprinklr, Inc. will post 0.1 EPS for the current year.

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.