Swiss National Bank Has $1.82 Million Holdings in Sprinklr, Inc. (NYSE:CXM)

Swiss National Bank decreased its stake in Sprinklr, Inc. (NYSE:CXM) by 7.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 215,500 shares of the company’s stock after selling 16,800 shares during the period. Swiss National Bank’s holdings in Sprinklr were worth $1,821,000 at the end of the most recent quarter.

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

Insider Activity at Sprinklr

In related news, Director Neeraj Agrawal sold 26,053 shares of Sprinklr 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 transaction, the director now owns 968,306 shares in the company, valued at approximately $8,985,879.68. This trade represents a 2.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 30.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Morgan Stanley boosted their price objective on Sprinklr from $10.00 to $11.00 and gave the company an “equal weight” rating in a research report on Thursday, March 13th. Scotiabank upped their price target on shares of Sprinklr from $8.50 to $9.00 and gave the company a “sector perform” rating in a report on Thursday, March 13th. Barclays raised their price objective on shares of Sprinklr from $7.00 to $9.00 and gave the stock an “underweight” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $11.00 target price on shares of Sprinklr in a research note on Wednesday, December 11th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $9.00 price target on shares of Sprinklr in a research note on Thursday, December 5th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Sprinklr presently has a consensus rating of “Hold” and a consensus price target of $10.38.

Sprinklr Stock Down 3.8 %

NYSE:CXM opened at $8.43 on Friday. Sprinklr, Inc. has a twelve month low of $6.91 and a twelve month high of $12.86. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 52.66, a price-to-earnings-growth ratio of 2.31 and a beta of 0.80. The stock’s 50 day moving average price is $8.81 and its two-hundred day moving average price is $8.30.

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.