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

WINTON GROUP Ltd purchased a new position in Sprinklr, Inc. (NYSE:CXM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 146,006 shares of the company’s stock, valued at approximately $1,234,000.

Several other institutional investors also recently modified their holdings of the stock. Victory Capital Management Inc. grew its holdings in shares of Sprinklr by 17.0% in the 3rd quarter. Victory Capital Management Inc. now owns 61,518 shares of the company’s stock worth $476,000 after acquiring an additional 8,928 shares during the last quarter. Intech Investment Management LLC purchased a new position in Sprinklr in the 3rd quarter worth about $231,000. Charles Schwab Investment Management Inc. raised its holdings in Sprinklr by 10.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,037,271 shares of the company’s stock worth $8,018,000 after buying an additional 97,066 shares during the period. Cerity Partners LLC raised its holdings in Sprinklr by 33.0% during the 3rd 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 during the period. Finally, Quantbot Technologies LP lifted its stake in Sprinklr by 63.6% during the third quarter. Quantbot Technologies LP now owns 132,285 shares of the company’s stock valued at $1,023,000 after buying an additional 51,440 shares in the last quarter. Institutional investors own 40.19% of the company’s stock.

Insider Transactions at Sprinklr

In other news, Director Neeraj Agrawal sold 26,053 shares of the company’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $9.28, for a total transaction of $241,771.84. Following the completion of the sale, the director now owns 968,306 shares in the company, valued at approximately $8,985,879.68. This represents a 2.62 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 30.12% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CXM shares. Barclays boosted their price target on shares of Sprinklr from $7.00 to $9.00 and gave the company an “underweight” rating in a report on Thursday, December 5th. DA Davidson increased their target price on Sprinklr from $8.00 to $9.50 and gave the company a “neutral” rating in a report on Thursday, December 5th. Morgan Stanley raised their target price on Sprinklr from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 13th. Stifel Nicolaus upped their price target on Sprinklr from $9.00 to $10.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $11.00 price objective on shares of Sprinklr in a research report on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $10.38.

Sprinklr Stock Performance

Shares of CXM opened at $8.77 on Friday. The firm has a market cap of $2.23 billion, a PE ratio of 54.78, a PEG ratio of 2.31 and a beta of 0.80. The firm’s 50 day moving average price is $8.82 and its 200 day moving average price is $8.30. Sprinklr, Inc. has a twelve month low of $6.91 and a twelve month high of $14.32.

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.