Hsbc Holdings PLC Purchases 117,991 Shares of Sprinklr, Inc. $CXM

Hsbc Holdings PLC lifted its position in Sprinklr, Inc. (NYSE:CXM) by 90.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 247,931 shares of the company’s stock after acquiring an additional 117,991 shares during the period. Hsbc Holdings PLC owned 0.10% of Sprinklr worth $1,940,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Sprinklr by 2.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after purchasing an additional 2,478 shares during the period. Millennium Management LLC boosted its holdings in shares of Sprinklr by 4.6% during the 1st quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after buying an additional 25,609 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Sprinklr in the 1st quarter worth about $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Sprinklr by 4.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock worth $2,177,000 after buying an additional 10,136 shares during the period. Finally, American Century Companies Inc. increased its stake in shares of Sprinklr by 166.9% in the 2nd quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock worth $1,453,000 after acquiring an additional 107,394 shares in the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on CXM. Citigroup dropped their price objective on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Weiss Ratings reissued a “sell (d+)” rating on shares of Sprinklr in a research report on Friday, June 26th. DA Davidson lowered their price objective on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, Morgan Stanley reduced their price target on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, March 16th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $7.79.

Insider Buying and Selling

In other Sprinklr news, insider Karthik Suri sold 41,852 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $5.14, for a total value of $215,119.28. Following the completion of the transaction, the insider owned 1,111,472 shares of the company’s stock, valued at approximately $5,712,966.08. The trade was a 3.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Joy Corso sold 33,635 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $178,265.50. Following the sale, the insider directly owned 1,175,616 shares in the company, valued at approximately $6,230,764.80. The trade was a 2.78% 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 worth $1,711,168 in the last three months. 25.18% of the stock is currently owned by company insiders.

Sprinklr Price Performance

NYSE CXM traded down $0.02 during mid-day trading on Friday, reaching $5.48. The stock had a trading volume of 1,782,593 shares, compared to its average volume of 3,671,818. The stock has a market cap of $1.28 billion, a PE ratio of 45.70 and a beta of 0.60. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $9.40. The company has a fifty day moving average price of $5.28 and a 200 day moving average price of $5.87.

Sprinklr (NYSE:CXM) last posted its earnings results on Wednesday, June 3rd. The company reported $0.11 EPS 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 during the quarter, compared to analyst estimates of $215.89 million. During the same quarter last year, the company earned $0.12 EPS. The company’s quarterly 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. As a group, equities research analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current year.

Sprinklr 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.