Quantbot Technologies LP Has $1.41 Million Holdings in Sprinklr, Inc. (NYSE:CXM)

Quantbot Technologies LP grew its stake in Sprinklr, Inc. (NYSE:CXM) by 26.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 167,333 shares of the company’s stock after purchasing an additional 35,048 shares during the period. Quantbot Technologies LP owned about 0.07% of Sprinklr worth $1,414,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted its stake in shares of Sprinklr by 100.0% in the fourth 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. EPIQ Capital Group LLC lifted its position in shares of Sprinklr by 26.2% in the 4th 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 during the period. FNY Investment Advisers LLC acquired a new stake in shares of Sprinklr during the 4th quarter worth approximately $42,000. Victory Capital Management Inc. increased its position in shares of Sprinklr by 17.0% during the third quarter. Victory Capital Management Inc. now owns 61,518 shares of the company’s stock valued at $476,000 after purchasing an additional 8,928 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of Sprinklr in the fourth quarter valued at $89,000. Institutional investors own 40.19% of the company’s stock.

Insider Activity

In related news, Director Neeraj Agrawal sold 26,053 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $9.28, for a total transaction of $241,771.84. Following the transaction, the director now owns 968,306 shares in the company, valued at $8,985,879.68. This represents a 2.62 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 30.12% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CXM shares. Barclays lifted their price target on shares of Sprinklr from $7.00 to $9.00 and gave the stock an “underweight” rating in a research note on Thursday, December 5th. Stifel Nicolaus lifted their target price on shares of Sprinklr from $9.00 to $10.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. William Blair lowered shares of Sprinklr from an “outperform” rating to a “market perform” rating in a research report on Friday, February 7th. JMP Securities reaffirmed a “market outperform” rating and set a $17.00 price objective on shares of Sprinklr in a report on Friday, February 7th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $11.00 target price on shares of Sprinklr in a 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 given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $10.38.

Sprinklr Stock Performance

Shares of CXM opened at $8.99 on Tuesday. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 56.17, a PEG ratio of 2.31 and a beta of 0.80. The stock has a fifty day moving average price of $8.79 and a two-hundred day moving average price of $8.28. Sprinklr, Inc. has a 52-week low of $6.91 and a 52-week 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.