Sprinklr, Inc. (NYSE:CXM) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its position in Sprinklr, Inc. (NYSE:CXM) by 10.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 42,137 shares of the company’s stock after selling 4,722 shares during the period. Yousif Capital Management LLC’s holdings in Sprinklr were worth $356,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of CXM. Everence Capital Management Inc. acquired a new position in Sprinklr during the third quarter valued at $105,000. LB Partners LLC purchased a new position in shares of Sprinklr during the 3rd quarter valued at about $304,000. GW Henssler & Associates Ltd. acquired a new position in shares of Sprinklr in the 3rd quarter valued at about $142,000. Horrell Capital Management Inc. boosted its stake in shares of Sprinklr by 31.7% in the third quarter. Horrell Capital Management Inc. now owns 685,000 shares of the company’s stock worth $5,295,000 after buying an additional 165,000 shares during the last quarter. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Sprinklr in the third quarter worth about $194,000. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Sprinklr Trading Down 2.3 %

CXM stock opened at $8.97 on Tuesday. Sprinklr, Inc. has a 12-month low of $6.91 and a 12-month high of $14.31. The business’s 50-day moving average is $8.84 and its 200 day moving average is $8.30. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 56.03, a PEG ratio of 2.35 and a beta of 0.79.

Analyst Ratings Changes

Several brokerages recently weighed in on CXM. Stifel Nicolaus lifted their price target on Sprinklr from $9.00 to $10.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Scotiabank lifted their target price on shares of Sprinklr from $7.70 to $8.50 and gave the company a “sector perform” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $11.00 target price on shares of Sprinklr in a research note on Wednesday, December 11th. William Blair lowered shares of Sprinklr from an “outperform” rating to a “market perform” rating in a research report on Friday, February 7th. Finally, Barclays upped their price objective on shares of Sprinklr from $7.00 to $9.00 and gave the stock an “underweight” rating in a research report on Thursday, December 5th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $10.13.

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.