Sprinklr, Inc. (NYSE:CXM) Shares Purchased by Ceera Investments LLC

Ceera Investments LLC raised its position in Sprinklr, Inc. (NYSE:CXM) by 61.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 182,105 shares of the company’s stock after purchasing an additional 69,290 shares during the quarter. Ceera Investments LLC owned about 0.07% of Sprinklr worth $1,539,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in CXM. JPMorgan Chase & Co. boosted its holdings in shares of Sprinklr by 224.5% in the third quarter. JPMorgan Chase & Co. now owns 628,661 shares of the company’s stock valued at $4,860,000 after acquiring an additional 434,920 shares in the last quarter. State Street Corp boosted its holdings in shares of Sprinklr by 7.2% in the third quarter. State Street Corp now owns 4,826,736 shares of the company’s stock valued at $37,311,000 after acquiring an additional 322,318 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Sprinklr by 11.9% in the third quarter. Geode Capital Management LLC now owns 2,788,550 shares of the company’s stock valued at $21,560,000 after acquiring an additional 295,638 shares in the last quarter. Cerity Partners LLC boosted its holdings in shares of Sprinklr by 33.0% in the third quarter. Cerity Partners LLC now owns 991,475 shares of the company’s stock valued at $7,664,000 after acquiring an additional 246,095 shares in the last quarter. Finally, Verition Fund Management LLC boosted its holdings in shares of Sprinklr by 742.9% in the third quarter. Verition Fund Management LLC now owns 234,327 shares of the company’s stock valued at $1,811,000 after acquiring an additional 206,526 shares in the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Stock Up 1.6 %

CXM stock opened at $8.43 on Friday. Sprinklr, Inc. has a 12-month low of $6.91 and a 12-month high of $14.32. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 52.66, a PEG ratio of 2.31 and a beta of 0.80. The company has a 50 day moving average of $8.73 and a two-hundred day moving average of $8.28.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. JMP Securities reiterated a “market outperform” rating and issued a $17.00 price objective on shares of Sprinklr in a report on Friday, February 7th. William Blair cut shares of Sprinklr from an “outperform” rating to a “market perform” rating in a report on Friday, February 7th. JPMorgan Chase & Co. restated a “neutral” rating and set a $11.00 target price on shares of Sprinklr in a report on Wednesday, December 11th. Cantor Fitzgerald restated a “neutral” rating and set a $9.00 target price on shares of Sprinklr in a report on Thursday, December 5th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $10.50 price objective on shares of Sprinklr in a research note on Friday, February 7th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $10.13.

Sprinklr Company Profile

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.