WINTON GROUP Ltd Purchases New Shares in Sprinklr, Inc. (NYSE:CXM)

WINTON GROUP Ltd purchased a new position in shares of Sprinklr, Inc. (NYSE:CXM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 146,006 shares of the company’s stock, valued at approximately $1,234,000. WINTON GROUP Ltd owned 0.06% of Sprinklr at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Sprinklr by 7.2% during the third quarter. State Street Corp now owns 4,826,736 shares of the company’s stock worth $37,311,000 after acquiring an additional 322,318 shares during the last quarter. Geode Capital Management LLC increased its holdings in Sprinklr by 11.9% during the 3rd quarter. Geode Capital Management LLC now owns 2,788,550 shares of the company’s stock worth $21,560,000 after purchasing an additional 295,638 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Sprinklr by 0.8% in the 4th quarter. Bank of New York Mellon Corp now owns 1,494,287 shares of the company’s stock valued at $12,627,000 after purchasing an additional 11,513 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Sprinklr by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,055,292 shares of the company’s stock valued at $8,917,000 after buying an additional 18,021 shares during the last quarter. Finally, Cerity Partners LLC grew its position in shares of Sprinklr by 33.0% during the third quarter. Cerity Partners LLC now owns 991,475 shares of the company’s stock worth $7,664,000 after buying an additional 246,095 shares in the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Stock Down 1.4 %

Shares of NYSE:CXM opened at $8.77 on Friday. Sprinklr, Inc. has a fifty-two week low of $6.91 and a fifty-two week high of $14.32. The company has a market cap of $2.23 billion, a PE ratio of 54.78, a P/E/G ratio of 2.31 and a beta of 0.80. The company’s 50-day moving average price is $8.82 and its 200 day moving average price is $8.30.

Analysts Set New Price Targets

A number of research firms have commented on CXM. Rosenblatt Securities increased their price objective on shares of Sprinklr from $10.50 to $12.00 and gave the company a “buy” rating in a research note on Thursday, March 13th. DA Davidson lifted their price target on Sprinklr from $8.00 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. Stifel Nicolaus upped their price objective on Sprinklr from $9.00 to $10.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Morgan Stanley boosted their price target on Sprinklr from $10.00 to $11.00 and gave the company an “equal weight” rating in a report on Thursday, March 13th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $11.00 price objective on shares of Sprinklr in a research note on Wednesday, December 11th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $10.38.

Insider Activity

In other Sprinklr news, Director Neeraj Agrawal sold 26,053 shares of the firm’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $9.28, for a total transaction of $241,771.84. Following the transaction, the director now owns 968,306 shares of the company’s stock, valued at approximately $8,985,879.68. This trade represents a 2.62 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 30.12% of the company’s stock.

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.