Circumference Group LLC Has $4.36 Million Stock Holdings in Sprinklr, Inc. $CXM

Circumference Group LLC grew its stake in shares of Sprinklr, Inc. (NYSE:CXM) by 21.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 560,000 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Sprinklr comprises approximately 4.7% of Circumference Group LLC’s portfolio, making the stock its 9th biggest position. Circumference Group LLC owned about 0.23% of Sprinklr worth $4,357,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Sprinklr by 20.3% during the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after purchasing an additional 2,966,556 shares in the last quarter. Morgan Stanley lifted its stake in Sprinklr by 3.5% in the fourth quarter. Morgan Stanley now owns 7,568,609 shares of the company’s stock valued at $58,884,000 after purchasing an additional 252,552 shares during the last quarter. Jefferies Financial Group Inc. lifted its stake in Sprinklr by 19.4% in the fourth quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock valued at $43,490,000 after purchasing an additional 908,002 shares during the last quarter. SG Americas Securities LLC lifted its stake in Sprinklr by 11,204.2% in the fourth quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock valued at $35,250,000 after purchasing an additional 4,490,746 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Sprinklr by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 2,722,671 shares of the company’s stock valued at $21,187,000 after purchasing an additional 21,321 shares during the last quarter. 40.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on CXM shares. Rosenblatt Securities dropped their price objective on Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Citigroup dropped their target price on Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Citizens Jmp dropped their target price on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. Morgan Stanley dropped 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, March 16th. Finally, Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Two 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. Based on data from MarketBeat, Sprinklr currently has a consensus rating of “Hold” and a consensus target price of $7.79.

Sprinklr Price Performance

NYSE:CXM opened at $5.16 on Thursday. The company has a market cap of $1.21 billion, a P/E ratio of 42.98 and a beta of 0.59. The stock’s fifty day moving average price is $5.31 and its two-hundred day moving average price is $6.16. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year 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 the consensus estimate of $0.10 by $0.01. The firm had revenue of $219.48 million for the quarter, compared to analysts’ expectations of $215.89 million. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 earnings per share. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. On average, analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

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.