EPIQ Capital Group LLC Has $109,000 Stock Position in Sprinklr, Inc. (NYSE:CXM)

EPIQ Capital Group LLC boosted its stake in Sprinklr, Inc. (NYSE:CXM) by 26.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,841 shares of the company’s stock after acquiring an additional 2,664 shares during the period. EPIQ Capital Group LLC’s holdings in Sprinklr were worth $109,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position in shares of Sprinklr by 100.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,856 shares of the company’s stock worth $33,000 after acquiring an additional 1,928 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Sprinklr during the 4th quarter valued at about $42,000. Entropy Technologies LP grew its stake in Sprinklr by 18.2% during the third quarter. Entropy Technologies LP now owns 46,088 shares of the company’s stock worth $356,000 after purchasing an additional 7,095 shares during the period. Victory Capital Management Inc. increased its holdings in Sprinklr by 17.0% in the third quarter. Victory Capital Management Inc. now owns 61,518 shares of the company’s stock worth $476,000 after purchasing an additional 8,928 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in Sprinklr in the fourth quarter valued at approximately $89,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $9.00 price objective on shares of Sprinklr in a research report on Thursday, December 5th. Stifel Nicolaus raised their price target on shares of Sprinklr from $9.00 to $10.00 and gave the stock a “hold” rating in a report on Thursday, December 5th. JMP Securities reiterated a “market outperform” rating and set a $17.00 price objective on shares of Sprinklr in a report on Friday, February 7th. Barclays increased their price objective on shares of Sprinklr from $7.00 to $9.00 and gave the stock an “underweight” rating in a research report on Thursday, December 5th. Finally, William Blair lowered Sprinklr from an “outperform” rating to a “market perform” rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $10.13.

Sprinklr Stock Performance

Shares of CXM opened at $8.43 on Monday. The firm has a market capitalization of $2.14 billion, a P/E ratio of 52.66, a P/E/G ratio of 2.31 and a beta of 0.80. Sprinklr, Inc. has a 52 week low of $6.91 and a 52 week high of $14.32. The stock has a 50 day moving average price of $8.73 and a two-hundred day moving average price of $8.28.

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.