Segall Bryant & Hamill LLC Purchases New Position in Sprinklr, Inc. $CXM

Segall Bryant & Hamill LLC acquired a new position in shares of Sprinklr, Inc. (NYSE:CXM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 112,620 shares of the company’s stock, valued at approximately $869,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Amalgamated Bank raised its holdings in Sprinklr by 4.1% in the second quarter. Amalgamated Bank now owns 32,769 shares of the company’s stock worth $277,000 after buying an additional 1,292 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings 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 purchasing an additional 1,347 shares in the last quarter. Louisiana State Employees Retirement System raised its position in Sprinklr by 4.1% in the 3rd quarter. Louisiana State Employees Retirement System now owns 55,800 shares of the company’s stock worth $431,000 after buying an additional 2,200 shares during the last quarter. Panagora Asset Management Inc. lifted its stake in Sprinklr by 0.6% during the 2nd quarter. Panagora Asset Management Inc. now owns 396,513 shares of the company’s stock valued at $3,354,000 after acquiring an additional 2,205 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in Sprinklr by 2.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company’s stock valued at $714,000 after acquiring an additional 2,274 shares during the period. Institutional investors own 40.19% of the company’s stock.

Sprinklr Trading Up 0.3%

Sprinklr stock opened at $5.98 on Friday. Sprinklr, Inc. has a 12-month low of $5.12 and a 12-month high of $9.69. The firm has a 50-day moving average price of $6.43 and a 200-day moving average price of $7.29. The firm has a market capitalization of $1.48 billion, a PE ratio of 14.24 and a beta of 0.78.

Sprinklr (NYSE:CXM) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. Sprinklr had a net margin of 13.42% and a return on equity of 8.03%. The company had revenue of $219.07 million during the quarter, compared to analyst estimates of $209.56 million. During the same quarter last year, the business posted $0.10 EPS. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. As a group, sell-side analysts predict that Sprinklr, Inc. will post 0.1 earnings per share for the current fiscal year.

Insider Activity at Sprinklr

In other Sprinklr news, CMO Arun Pattabhiraman sold 16,533 shares of Sprinklr stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total transaction of $128,626.74. Following the completion of the transaction, the chief marketing officer owned 517,878 shares in the company, valued at approximately $4,029,090.84. This trade represents a 3.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Jacob Scott sold 21,665 shares of Sprinklr stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $7.12, for a total transaction of $154,254.80. Following the transaction, the general counsel directly owned 404,723 shares of the company’s stock, valued at approximately $2,881,627.76. This trade represents a 5.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 613,650 shares of company stock valued at $4,384,853 over the last ninety days. Corporate insiders own 60.53% of the company’s stock.

Analyst Upgrades and Downgrades

CXM has been the subject of several research reports. Wall Street Zen lowered shares of Sprinklr from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. DA Davidson reiterated a “neutral” rating and issued a $9.00 price target on shares of Sprinklr in a research report on Thursday, December 4th. Cantor Fitzgerald reiterated a “neutral” rating and set a $8.00 price target on shares of Sprinklr in a research note on Wednesday, December 3rd. Citigroup restated a “market outperform” rating on shares of Sprinklr in a research note on Friday, January 16th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $12.00 target price on shares of Sprinklr in a report on Thursday, December 4th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $9.89.

About Sprinklr

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.