JPMorgan Chase & Co. Grows Position in Sprinklr, Inc. $CXM

JPMorgan Chase & Co. raised its stake in shares of Sprinklr, Inc. (NYSE:CXM) by 44.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 624,918 shares of the company’s stock after purchasing an additional 192,683 shares during the quarter. JPMorgan Chase & Co. owned about 0.25% of Sprinklr worth $4,824,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Larson Financial Group LLC grew its holdings in shares of Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after buying an additional 4,143 shares during the last quarter. Lavaca Capital LLC increased its position in shares of Sprinklr by 541.2% in the 2nd quarter. Lavaca Capital LLC now owns 4,200 shares of the company’s stock valued at $36,000 after acquiring an additional 3,545 shares during the period. Lazard Asset Management LLC raised its stake in Sprinklr by 2,480.2% in the 2nd quarter. Lazard Asset Management LLC now owns 8,463 shares of the company’s stock worth $71,000 after acquiring an additional 8,135 shares during the last quarter. Russell Investments Group Ltd. lifted its position in Sprinklr by 1,412.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 9,848 shares of the company’s stock worth $76,000 after acquiring an additional 9,197 shares during the period. Finally, Tidal Investments LLC purchased a new stake in Sprinklr during the 2nd quarter valued at about $89,000. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Sprinklr Stock Performance

NYSE CXM opened at $6.08 on Friday. The firm has a market capitalization of $1.51 billion, a P/E ratio of 67.51 and a beta of 0.73. The stock has a 50-day simple moving average of $5.90 and a two-hundred day simple moving average of $6.99. Sprinklr, Inc. has a fifty-two week low of $5.12 and a fifty-two week high of $9.40.

Sprinklr (NYSE:CXM) last issued its earnings results on Wednesday, March 11th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $220.59 million for 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 company’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior 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. As a group, analysts forecast that Sprinklr, Inc. will post 0.1 earnings per share for the current year.

Insider Transactions at Sprinklr

In other news, CTO Amitabh Misra sold 34,189 shares of Sprinklr stock in a transaction that occurred on Monday, March 16th. The shares were 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 directly owned 970,753 shares of the company’s stock, valued at $5,678,905.05. The trade was a 3.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Jacob Scott sold 21,665 shares of the business’s stock in a transaction 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 completion of the transaction, the general counsel owned 404,723 shares of the company’s stock, valued at approximately $2,881,627.76. This represents a 5.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 361,251 shares of company stock valued at $2,345,083 in the last 90 days. 60.53% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CXM. Citizens Jmp cut their price objective on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a report on Thursday, March 12th. DA Davidson dropped their target price on Sprinklr from $9.00 to $6.50 and set a “neutral” rating on the stock in a research report on Thursday, March 12th. Rosenblatt Securities reiterated a “buy” rating and issued a $12.00 price target on shares of Sprinklr in a report on Thursday, December 4th. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. Finally, Morgan Stanley decreased their price objective on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Two 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. Based on data from MarketBeat, Sprinklr presently has an average rating of “Reduce” and a consensus price target of $8.31.

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.