Barclays PLC Has $1.88 Million Position in Sprinklr, Inc. (NYSE:CXM)

Barclays PLC lifted its holdings in shares of Sprinklr, Inc. (NYSE:CXM - Free Report) by 283.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 242,990 shares of the company's stock after purchasing an additional 179,661 shares during the quarter. Barclays PLC owned 0.10% of Sprinklr worth $1,878,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CXM. Everence Capital Management Inc. bought a new position in Sprinklr during the 3rd quarter worth $105,000. CIBC Asset Management Inc increased its position in shares of Sprinklr by 15.6% in the second quarter. CIBC Asset Management Inc now owns 12,523 shares of the company's stock worth $120,000 after purchasing an additional 1,694 shares during the period. GSA Capital Partners LLP acquired a new position in Sprinklr in the third quarter valued at about $129,000. GW Henssler & Associates Ltd. bought a new stake in Sprinklr during the third quarter worth about $142,000. Finally, CWA Asset Management Group LLC acquired a new stake in Sprinklr during the third quarter worth about $194,000. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CXM has been the subject of several analyst reports. Rosenblatt Securities restated a "buy" rating and issued a $10.50 target price on shares of Sprinklr in a research report on Thursday, December 5th. DA Davidson upped their target price on Sprinklr from $8.00 to $9.50 and gave the stock a "neutral" rating in a research note on Thursday, December 5th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $9.00 price target on shares of Sprinklr in a research note on Thursday, December 5th. KeyCorp lowered their price target on Sprinklr from $16.00 to $12.00 and set an "overweight" rating for the company in a report on Thursday, September 5th. Finally, Citigroup reduced their price objective on Sprinklr from $11.00 to $9.00 and set a "neutral" rating on the stock in a research note on Thursday, September 5th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $10.13.

Sprinklr Price Performance

NYSE CXM traded down $0.26 during trading hours on Friday, reaching $8.53. The company's stock had a trading volume of 1,175,085 shares, compared to its average volume of 2,342,686. The firm has a fifty day simple moving average of $8.21 and a 200-day simple moving average of $8.47. Sprinklr, Inc. has a 52 week low of $6.91 and a 52 week high of $14.31. The stock has a market cap of $2.17 billion, a P/E ratio of 53.32, a P/E/G ratio of 3.02 and a beta of 0.81.

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.