Nano Cap New Millennium Growth Fund L P Invests $914,000 in Sprinklr, Inc. $CXM

Nano Cap New Millennium Growth Fund L P acquired a new position in Sprinklr, Inc. (NYSE:CXM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 117,500 shares of the company’s stock, valued at approximately $914,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Cresset Asset Management LLC grew its position in shares of Sprinklr by 7.6% in the 3rd quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock worth $237,000 after buying an additional 2,169 shares during the last quarter. Thrivent Financial for Lutherans grew its position in shares of Sprinklr by 2.8% in 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 worth $988,000 after buying an additional 2,478 shares during the last quarter. Legal & General Group Plc grew its position in shares of Sprinklr by 0.8% in the 3rd quarter. Legal & General Group Plc now owns 313,556 shares of the company’s stock worth $2,421,000 after buying an additional 2,625 shares during the last quarter. Finally, Arizona State Retirement System grew its position in shares of Sprinklr by 10.0% in the 3rd quarter. Arizona State Retirement System now owns 35,893 shares of the company’s stock worth $277,000 after buying an additional 3,257 shares during the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Wall Street Analysts Forecast Growth

CXM has been the topic of several research analyst reports. Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Weiss Ratings downgraded shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 30th. Citigroup dropped their target price on shares of Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Thursday, March 12th. Citizens Jmp dropped their target price on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. Finally, Morgan Stanley dropped their target price on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Monday, March 16th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $8.28.

Sprinklr Price Performance

CXM stock opened at $5.27 on Friday. The firm’s fifty day simple moving average is $5.52 and its 200-day simple moving average is $6.41. The company has a market capitalization of $1.31 billion, a P/E ratio of 58.61 and a beta of 0.55. 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 data on Wednesday, March 11th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $220.59 million for the quarter, compared to the consensus estimate of $216.93 million. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 EPS. 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, sell-side analysts forecast that Sprinklr, Inc. will post 0.22 earnings per share for the current year.

Insider Activity at Sprinklr

In other news, CTO Amitabh Misra sold 34,189 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $5.85, for a total value of $200,005.65. Following the sale, the chief technology officer directly owned 970,753 shares of the company’s stock, valued at $5,678,905.05. This represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 25.18% of the stock is owned by company insiders.

Sprinklr Company 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.