Sprinklr (CXM) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Sprinklr (NYSE: CXM):

• 4/1/2024 – Sprinklr had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $16.00 price target on the stock.
• 3/28/2024 – Sprinklr had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $16.00 price target on the stock.
• 3/28/2024 – Sprinklr had its “outperform” rating reaffirmed by analysts at William Blair.
• 3/28/2024 – Sprinklr had its “market perform” rating reaffirmed by analysts at Oppenheimer Holdings Inc..
• 3/28/2024 – Sprinklr had its price target raised by analysts at Wells Fargo & Company from $12.00 to $14.00. They now have an “equal weight” rating on the stock.
• 3/28/2024 – Sprinklr had its price target raised by analysts at Rosenblatt Securities from $16.00 to $18.00. They now have a “buy” rating on the stock.
• 3/21/2024 – Sprinklr is now covered by analysts at KeyCorp. They set an “overweight” rating and a $19.00 price target on the stock.
• 3/20/2024 – Sprinklr had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $16.00 price target on the stock.

Sprinklr Trading Up 0.2 %

CXM stock opened at $11.36 on Thursday. The stock has a 50-day moving average price of $12.71 and a two-hundred day moving average price of $13.09. The stock has a market cap of $3.10 billion, a PE ratio of 63.11, a price-to-earnings-growth ratio of 2.18 and a beta of 0.87. Sprinklr, Inc. has a 1 year low of $10.93 and a 1 year high of $17.14.

Insiders Place Their Bets

In other news, General Counsel Jacob Scott sold 16,602 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $13.03, for a total value of $216,324.06. Following the completion of the transaction, the general counsel now owns 197,994 shares in the company, valued at approximately $2,579,861.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CMO Arun Pattabhiraman sold 52,401 shares of the firm’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $11.66, for a total value of $610,995.66. Following the completion of the transaction, the chief marketing officer now owns 491,862 shares in the company, valued at approximately $5,735,110.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Jacob Scott sold 16,602 shares of the firm’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $13.03, for a total value of $216,324.06. Following the completion of the transaction, the general counsel now owns 197,994 shares of the company’s stock, valued at approximately $2,579,861.82. The disclosure for this sale can be found here. In the last 90 days, insiders sold 495,513 shares of company stock worth $6,087,581. Corporate insiders own 40.29% of the company’s stock.

Hedge Funds Weigh In On Sprinklr

Several hedge funds have recently modified their holdings of CXM. Citigroup Inc. lifted its stake in Sprinklr by 308.9% in the 1st quarter. Citigroup Inc. now owns 2,212 shares of the company’s stock valued at $26,000 after purchasing an additional 1,671 shares during the last quarter. RiverPark Advisors LLC acquired a new stake in Sprinklr in the 3rd quarter valued at about $27,000. Mather Group LLC. acquired a new stake in Sprinklr in the 1st quarter valued at about $28,000. Deutsche Bank AG acquired a new stake in Sprinklr in the 4th quarter valued at about $28,000. Finally, BluePath Capital Management LLC acquired a new stake in Sprinklr in the 3rd quarter valued at about $30,000. Institutional investors own 40.19% of the company’s stock.

Sprinklr, Inc provides enterprise cloud software products worldwide. The company offers Unified Customer Experience Management platform, a purpose-built to analyze unstructured customer experience data, built to scale across future and modern channels, and integrates all stages of the customer journey.