State Street Corp Has $37.31 Million Stock Holdings in Sprinklr, Inc. (NYSE:CXM)

State Street Corp increased its position in shares of Sprinklr, Inc. (NYSE:CXM - Free Report) by 7.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,826,736 shares of the company's stock after buying an additional 322,318 shares during the quarter. State Street Corp owned 1.90% of Sprinklr worth $37,311,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Petrus Trust Company LTA grew its stake in shares of Sprinklr by 109.5% during the 3rd quarter. Petrus Trust Company LTA now owns 88,178 shares of the company's stock worth $682,000 after acquiring an additional 46,093 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Sprinklr by 80.4% during the third quarter. Janus Henderson Group PLC now owns 70,515 shares of the company's stock worth $545,000 after purchasing an additional 31,437 shares during the last quarter. Holocene Advisors LP bought a new position in Sprinklr in the third quarter valued at $597,000. Clearline Capital LP acquired a new stake in Sprinklr in the 3rd quarter valued at $353,000. Finally, Paloma Partners Management Co lifted its position in Sprinklr by 73.3% during the 3rd quarter. Paloma Partners Management Co now owns 55,162 shares of the company's stock worth $426,000 after buying an additional 23,333 shares in the last quarter. Institutional investors and hedge funds own 40.19% of the company's stock.

Sprinklr Price Performance

Sprinklr stock traded down $0.05 during trading hours on Friday, hitting $9.10. The company had a trading volume of 7,894,382 shares, compared to its average volume of 2,365,084. The firm has a 50-day moving average of $8.05 and a 200 day moving average of $8.50. The firm has a market cap of $2.31 billion, a PE ratio of 56.88, a PEG ratio of 3.02 and a beta of 0.81. Sprinklr, Inc. has a one year low of $6.91 and a one year high of $14.31.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. restated a "neutral" rating and issued a $11.00 price objective on shares of Sprinklr in a report on Wednesday, December 11th. JMP Securities reaffirmed a "market outperform" rating and set a $17.00 price target on shares of Sprinklr in a research report on Monday, December 16th. Citigroup cut their price objective on Sprinklr from $11.00 to $9.00 and set a "neutral" rating for the company in a report on Thursday, September 5th. Wells Fargo & Company downgraded shares of Sprinklr from an "equal weight" rating to an "underweight" rating and lowered their target price for the stock from $8.00 to $6.00 in a report on Tuesday, November 12th. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating and set a $9.00 price target on shares of Sprinklr in a research report on Thursday, December 5th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $10.13.

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.