Corton Capital Inc. Invests $292,000 in Sprinklr, Inc. $CXM

Corton Capital Inc. bought a new stake in shares of Sprinklr, Inc. (NYSE:CXM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 34,504 shares of the company’s stock, valued at approximately $292,000.

Several other large investors have also recently bought and sold shares of CXM. Vanguard Group Inc. increased its stake in Sprinklr by 8.5% during the 1st quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company’s stock valued at $121,065,000 after buying an additional 1,138,542 shares during the period. Pathway Capital Management LP acquired a new position in Sprinklr during the 2nd quarter valued at about $4,621,000. Nuveen LLC acquired a new position in Sprinklr during the 1st quarter valued at about $4,341,000. Panagora Asset Management Inc. increased its stake in Sprinklr by 409.2% during the 1st quarter. Panagora Asset Management Inc. now owns 394,308 shares of the company’s stock valued at $3,292,000 after buying an additional 316,868 shares during the period. Finally, S Squared Technology LLC increased its stake in Sprinklr by 78.0% during the 1st quarter. S Squared Technology LLC now owns 445,039 shares of the company’s stock valued at $3,716,000 after buying an additional 195,039 shares during the period. Institutional investors and hedge funds own 40.19% of the company’s stock.

Insider Activity

In related news, Director Neeraj Agrawal sold 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $7.61, for a total transaction of $1,141,500.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Ragy Thomas sold 28,916 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $224,099.00. Following the transaction, the director directly owned 737,301 shares in the company, valued at $5,714,082.75. The trade was a 3.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 474,495 shares of company stock valued at $3,626,539 in the last three months. 60.53% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CXM has been the topic of several research analyst reports. Wall Street Zen raised shares of Sprinklr from a “buy” rating to a “strong-buy” rating in a research note on Sunday, October 26th. Barclays lowered their price objective on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Wednesday, September 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sprinklr in a research note on Wednesday, October 8th. Citigroup lowered their price objective on shares of Sprinklr from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 9th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Sprinklr in a research note on Tuesday, September 30th. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Sprinklr presently has a consensus rating of “Hold” and an average price target of $10.00.

Sprinklr Price Performance

Sprinklr stock opened at $7.72 on Monday. The firm’s 50 day simple moving average is $7.87 and its 200-day simple moving average is $8.18. The company has a market cap of $1.88 billion, a P/E ratio of 17.14 and a beta of 0.78. Sprinklr, Inc. has a fifty-two week low of $6.75 and a fifty-two week high of $9.69.

Sprinklr (NYSE:CXM) last released its earnings results on Wednesday, September 3rd. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.03. The business had revenue of $212.04 million for the quarter, compared to the consensus estimate of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the firm posted $0.07 earnings per share. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. On average, analysts expect that Sprinklr, Inc. will post 0.1 EPS for the current fiscal year.

About Sprinklr

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.