WINTON GROUP Ltd Reduces Stake in Sprinklr, Inc. $CXM

WINTON GROUP Ltd trimmed its position in shares of Sprinklr, Inc. (NYSE:CXM) by 28.4% during the second quarter, Holdings Channel reports. The firm owned 525,047 shares of the company’s stock after selling 207,889 shares during the quarter. WINTON GROUP Ltd’s holdings in Sprinklr were worth $2,709,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. SG Americas Securities LLC boosted its position in shares of Sprinklr by 84.9% in the 1st quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock worth $50,265,000 after buying an additional 3,846,652 shares in the last quarter. Morgan Stanley raised its position in Sprinklr by 3.5% during the fourth quarter. Morgan Stanley now owns 7,568,609 shares of the company’s stock worth $58,884,000 after acquiring an additional 252,552 shares during the last quarter. Jefferies Financial Group Inc. raised its position in Sprinklr by 19.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock worth $43,490,000 after acquiring an additional 908,002 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of 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 in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Sprinklr by 19.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock valued at $15,891,000 after purchasing an additional 438,083 shares during the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Rory Read sold 143,654 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $761,366.20. Following the completion of the sale, the chief executive officer directly owned 3,419,190 shares in the company, valued at approximately $18,121,707. The trade was a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Amitabh Misra sold 29,180 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $154,654.00. Following the transaction, the chief technology officer directly owned 854,779 shares in the company, valued at approximately $4,530,328.70. This represents a 3.30% 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. In the last three months, insiders sold 395,880 shares of company stock valued at $2,210,116. 25.18% of the stock is currently owned by corporate insiders.

Sprinklr Stock Up 0.8%

Shares of NYSE:CXM opened at $5.49 on Friday. The company has a market cap of $1.28 billion, a P/E ratio of 54.86 and a beta of 0.65. The business has a fifty day simple moving average of $6.41 and a 200-day simple moving average of $5.80. Sprinklr, Inc. has a 52 week low of $4.72 and a 52 week high of $8.27.

Sprinklr (NYSE:CXM) last released its earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.The firm had revenue of $213.74 million for the quarter, compared to the consensus estimate of $214.45 million. During the same period in the prior year, the business posted $0.13 earnings per share. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. Sell-side analysts expect that Sprinklr, Inc. will post 0.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on CXM. DA Davidson lifted their price objective on Sprinklr from $6.00 to $6.50 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $8.50 target price on shares of Sprinklr in a report on Thursday, September 3rd. Weiss Ratings raised Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Cantor Fitzgerald restated a “neutral” rating on shares of Sprinklr in a research report on Thursday, September 3rd. Finally, Citigroup increased their price objective on Sprinklr from $6.00 to $8.00 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $8.21.

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.