Fulcrum Asset Management LLP Decreases Stock Holdings in Sprinklr, Inc. $CXM

Fulcrum Asset Management LLP lowered its holdings in shares of Sprinklr, Inc. (NYSE:CXM) by 85.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 35,585 shares of the company’s stock after selling 214,888 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Sprinklr were worth $275,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CXM. Vanguard Group Inc. increased its holdings in shares of Sprinklr by 20.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after buying an additional 2,966,556 shares during the last quarter. Sea Cliff Partners Management LP lifted its holdings in shares of Sprinklr by 1,174.6% in the 2nd quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock valued at $18,331,000 after acquiring an additional 1,996,792 shares during the last quarter. Norges Bank bought a new position in shares of Sprinklr in the 2nd quarter valued at about $10,310,000. Jefferies Financial Group Inc. grew its position in Sprinklr by 31.6% in the second quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company’s stock worth $39,610,000 after acquiring an additional 1,125,000 shares in the last quarter. Finally, Hillsdale Investment Management Inc. purchased a new position in Sprinklr in the third quarter worth about $6,997,000. 40.19% of the stock is owned by hedge funds and other institutional investors.

Sprinklr Price Performance

Sprinklr stock opened at $5.99 on Wednesday. The firm has a market capitalization of $1.48 billion, a P/E ratio of 66.51 and a beta of 0.78. Sprinklr, Inc. has a 1-year low of $5.12 and a 1-year high of $9.40. The company’s 50-day moving average is $6.18 and its 200 day moving average is $7.14.

Sprinklr (NYSE:CXM) last announced its earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $220.59 million during the quarter, compared to analyst estimates of $216.93 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.10 earnings per share. 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 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CXM has been the topic of a number of recent research reports. Weiss Ratings downgraded Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, February 26th. Citigroup dropped their target price on Sprinklr from $9.00 to $7.00 and set a “neutral” rating for the company in a report on Thursday, March 12th. Morgan Stanley cut their target price on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Monday. Rosenblatt Securities restated a “buy” rating and set a $12.00 price target on shares of Sprinklr in a report on Thursday, December 4th. Finally, DA Davidson lowered their price target on Sprinklr from $9.00 to $6.50 and set a “neutral” rating for the company in a research report on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Sprinklr currently has an average rating of “Reduce” and a consensus price target of $8.31.

Insider Buying and Selling

In related news, CTO Amitabh Misra sold 34,189 shares of the business’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $5.85, for a total transaction of $200,005.65. Following the completion of the transaction, the chief technology officer owned 970,753 shares in the company, valued at $5,678,905.05. The trade was a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Rory P. Read sold 87,795 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $6.00, for a total value of $526,770.00. Following the completion of the transaction, the chief executive officer directly owned 1,506,270 shares in the company, valued at $9,037,620. This trade represents a 5.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 361,251 shares of company stock valued at $2,345,083. Insiders own 60.53% of the company’s stock.

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.