Jefferies Financial Group Inc. Buys 908,002 Shares of Sprinklr, Inc. $CXM

Jefferies Financial Group Inc. grew its stake in shares of Sprinklr, Inc. (NYSE:CXMFree Report) by 19.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,590,002 shares of the company’s stock after buying an additional 908,002 shares during the period. Jefferies Financial Group Inc.’s holdings in Sprinklr were worth $43,490,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Sprinklr by 20.3% during the third 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. SG Americas Securities LLC grew its holdings in shares of Sprinklr by 11,204.2% during the fourth quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock worth $35,250,000 after purchasing an additional 4,490,746 shares in the last quarter. Sea Cliff Partners Management LP grew its holdings in shares of Sprinklr by 1,174.6% during the second quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock worth $18,331,000 after purchasing an additional 1,996,792 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Sprinklr by 15.7% during the third quarter. Dimensional Fund Advisors LP now owns 2,155,110 shares of the company’s stock worth $16,639,000 after purchasing an additional 291,635 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Sprinklr by 10.3% during the second quarter. Bank of America Corp DE now owns 1,573,516 shares of the company’s stock worth $13,312,000 after purchasing an additional 146,380 shares in the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Wall Street Analyst Weigh In

CXM has been the subject of several recent analyst reports. Weiss Ratings lowered Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. DA Davidson cut their price objective on Sprinklr from $6.50 to $6.25 and set a “neutral” rating for the company in a report on Friday, April 17th. Morgan Stanley cut their price objective on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, March 16th. Citigroup cut their price objective on Sprinklr from $9.00 to $7.00 and set a “neutral” rating for the company in a report on Thursday, March 12th. Finally, Citizens Jmp cut their price objective on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $8.28.

Read Our Latest Research Report on Sprinklr

Sprinklr Price Performance

Shares of CXM opened at $5.30 on Friday. The firm has a market cap of $1.32 billion, a P/E ratio of 58.84 and a beta of 0.55. The stock has a 50 day simple moving average of $5.51 and a two-hundred day simple moving average of $6.41. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $9.40.

Sprinklr (NYSE:CXMGet Free Report) last issued its earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.03. The business had revenue of $220.59 million during the quarter, compared to analyst estimates of $216.93 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.Sprinklr’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.10 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. On average, equities analysts anticipate that Sprinklr, Inc. will post 0.22 earnings per share for the current year.

Insider Transactions at Sprinklr

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

About Sprinklr

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Sprinklr (NYSE:CXM)

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