First Eagle Investment Management LLC Purchases Shares of 53,434 Sprinklr, Inc. (NYSE:CXM)

First Eagle Investment Management LLC acquired a new position in Sprinklr, Inc. (NYSE:CXM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,434 shares of the company's stock, valued at approximately $452,000.

Other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in Sprinklr by 100.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,856 shares of the company's stock worth $33,000 after purchasing an additional 1,928 shares during the period. FNY Investment Advisers LLC acquired a new stake in Sprinklr in the fourth quarter worth about $42,000. SG Americas Securities LLC acquired a new stake in Sprinklr in the fourth quarter worth about $89,000. EPIQ Capital Group LLC lifted its holdings in Sprinklr by 26.2% in the 4th quarter. EPIQ Capital Group LLC now owns 12,841 shares of the company's stock valued at $109,000 after acquiring an additional 2,664 shares during the last quarter. Finally, Abbot Financial Management Inc. acquired a new stake in Sprinklr in the 4th quarter valued at about $115,000. Institutional investors and hedge funds own 40.19% of the company's stock.

Analyst Ratings Changes

CXM has been the subject of a number of research analyst reports. Morgan Stanley upped their price target on shares of Sprinklr from $10.00 to $11.00 and gave the company an "equal weight" rating in a report on Thursday, March 13th. Barclays upped 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 upped their price target on shares of Sprinklr from $8.00 to $9.50 and gave the company a "neutral" rating in a report on Thursday, December 5th. Cantor Fitzgerald restated a "neutral" rating and set a $9.00 price objective on shares of Sprinklr in a 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 report on Wednesday, December 11th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $10.38.

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Insider Activity at Sprinklr

In other Sprinklr news, Director Neeraj Agrawal sold 26,053 shares of the business's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $9.28, for a total value of $241,771.84. Following the completion of the sale, the director now directly owns 968,306 shares of the company's stock, valued at $8,985,879.68. The trade was a 2.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 30.12% of the stock is currently owned by company insiders.

Sprinklr Price Performance

CXM traded down $0.01 during trading on Thursday, reaching $8.87. 1,309,244 shares of the stock traded hands, compared to its average volume of 1,933,700. Sprinklr, Inc. has a fifty-two week low of $6.91 and a fifty-two week high of $14.32. The stock's 50-day simple moving average is $8.77 and its two-hundred day simple moving average is $8.27. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 55.41, a price-to-earnings-growth ratio of 2.31 and a beta of 0.80.

Sprinklr 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.