Hsbc Holdings PLC Raises Position in Sprinklr, Inc. $CXM

Hsbc Holdings PLC lifted its position in shares of Sprinklr, Inc. (NYSE:CXM) by 90.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 247,931 shares of the company’s stock after acquiring an additional 117,991 shares during the quarter. Hsbc Holdings PLC owned 0.10% of Sprinklr worth $1,940,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd lifted its position in Sprinklr by 148.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after purchasing an additional 1,940 shares during the period. Cresset Asset Management LLC increased its position in Sprinklr by 7.6% during the 3rd quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock worth $237,000 after purchasing an additional 2,169 shares during the period. Franklin Resources Inc. raised its stake in shares of Sprinklr by 2.5% during the 4th quarter. Franklin Resources Inc. now owns 91,012 shares of the company’s stock worth $708,000 after buying an additional 2,232 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Sprinklr by 2.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company’s stock worth $714,000 after buying an additional 2,274 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Sprinklr by 2.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock valued at $988,000 after buying an additional 2,478 shares during the period. 40.19% of the stock is owned by hedge funds and other institutional investors.

Sprinklr Trading Up 0.3%

CXM stock opened at $5.17 on Tuesday. The firm has a 50 day moving average of $5.23 and a 200-day moving average of $6.01. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 43.12 and a beta of 0.59. Sprinklr, Inc. has a 12-month low of $4.72 and a 12-month high of $9.40.

Sprinklr (NYSE:CXM) last released its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The business had revenue of $219.48 million for the quarter, compared to analysts’ expectations of $215.89 million. During the same quarter in the prior year, the firm posted $0.12 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Sell-side analysts forecast that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Insider Activity at Sprinklr

In other Sprinklr news, CTO Amitabh Misra sold 29,180 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total value of $154,654.00. Following the sale, the chief technology officer owned 854,779 shares of the company’s stock, valued at approximately $4,530,328.70. This represents a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Jacob Scott sold 16,380 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $86,814.00. Following the completion of the transaction, the general counsel owned 651,136 shares of the company’s stock, valued at approximately $3,451,020.80. This represents a 2.45% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 324,295 shares of company stock valued at $1,711,168 in the last 90 days. 25.18% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CXM. Citigroup decreased their price target on Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Morgan Stanley cut their price objective on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a research report on Monday, March 16th. DA Davidson reduced their target price on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Rosenblatt Securities decreased their target price on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sprinklr in a research note on Friday. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Sprinklr currently has a consensus rating of “Hold” and an average target price of $7.79.

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.