Tudor Investment Corp ET AL Sells 598,892 Shares of Sprinklr, Inc. $CXM

Key Points

• Tudor Investment Corp cut its stake in Sprinklr by 34.1%, selling 598,892 shares in the quarter and retaining 1,157,977 shares (about 0.47% of the company) valued at $8.94 million.
• Sprinklr beat quarterly expectations with $0.13 EPS (vs. $0.10 est.) and $220.59M revenue (up 8.9% year-over-year), and issued FY2027 guidance of $0.470–0.480 EPS.
• Insiders sold 361,251 shares in the past three months (including the General Counsel and CTO), though insiders still own 60.53% of the company; analysts remain mixed, with an average "Hold" rating and a $8.31 price target.

Tudor Investment Corp ET AL lessened its stake in Sprinklr, Inc. (NYSE:CXM - Free Report) by 34.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,157,977 shares of the company's stock after selling 598,892 shares during the period. Tudor Investment Corp ET AL owned approximately 0.47% of Sprinklr worth $8,940,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its stake in shares of Sprinklr by 20.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company's stock worth $67,000 after buying an additional 1,347 shares during the last quarter. Cresset Asset Management LLC lifted its holdings in Sprinklr by 7.6% in the third quarter. Cresset Asset Management LLC now owns 30,736 shares of the company's stock valued at $237,000 after acquiring an additional 2,169 shares during the period. Louisiana State Employees Retirement System lifted its holdings in Sprinklr by 4.1% in the third quarter. Louisiana State Employees Retirement System now owns 55,800 shares of the company's stock valued at $431,000 after acquiring an additional 2,200 shares during the period. Panagora Asset Management Inc. boosted its position in Sprinklr by 0.6% in the second quarter. Panagora Asset Management Inc. now owns 396,513 shares of the company's stock worth $3,354,000 after purchasing an additional 2,205 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in Sprinklr by 2.8% in the second quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company's stock worth $714,000 after purchasing an additional 2,274 shares during the last quarter. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Sprinklr Stock Down 1.8%

NYSE CXM opened at $5.90 on Monday. Sprinklr, Inc. has a 52 week low of $5.12 and a 52 week high of $9.40. The company has a market capitalization of $1.45 billion, a P/E ratio of 65.51 and a beta of 0.78. The stock's 50-day moving average price is $6.07 and its 200-day moving average price is $7.09.

Sprinklr (NYSE:CXM - Get Free Report) last announced its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.03. The company had revenue of $220.59 million during the quarter, compared to the consensus estimate of $216.93 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The firm's revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. Research analysts anticipate that Sprinklr, Inc. will post 0.1 EPS for the current year.

Insider Activity

In other Sprinklr news, General Counsel Jacob Scott sold 21,665 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $7.12, for a total value of $154,254.80. Following the completion of the sale, the general counsel owned 404,723 shares in the company, valued at approximately $2,881,627.76. This represents a 5.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Amitabh Misra sold 34,189 shares of the firm's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $5.85, for a total value of $200,005.65. Following the sale, the chief technology officer directly owned 970,753 shares in the company, valued at approximately $5,678,905.05. This represents a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 361,251 shares of company stock worth $2,345,083 in the last three months. Company insiders own 60.53% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on CXM. Citigroup reduced their price target on shares of Sprinklr from $9.00 to $7.00 and set a "neutral" rating for the company in a research report on Thursday, March 12th. Morgan Stanley dropped their price objective on shares of Sprinklr from $10.00 to $7.00 and set an "equal weight" rating on the stock in a report on Monday, March 16th. Wall Street Zen upgraded shares of Sprinklr from a "hold" rating to a "buy" rating in a research report on Saturday, March 14th. Citizens Jmp reduced their target price on shares of Sprinklr from $17.00 to $11.00 and set a "market outperform" rating for the company in a report on Thursday, March 12th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $12.00 price target on shares of Sprinklr in a research note on Thursday, December 4th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Sprinklr presently has an average rating of "Hold" and an average price target of $8.31.

Sprinklr Company Profile

Sprinklr, Inc NYSE: CXM is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.

Sprinklr's platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.

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