New York State Teachers Retirement System Has $307,000 Position in Sprinklr, Inc. (NYSE:CXM)

New York State Teachers Retirement System reduced its stake in shares of Sprinklr, Inc. (NYSE:CXM) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 36,388 shares of the company’s stock after selling 1,923 shares during the quarter. New York State Teachers Retirement System’s holdings in Sprinklr were worth $307,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. State Street Corp lifted its stake in Sprinklr by 7.2% in the third quarter. State Street Corp now owns 4,826,736 shares of the company’s stock valued at $37,311,000 after acquiring an additional 322,318 shares during the last quarter. Geode Capital Management LLC lifted its stake in Sprinklr by 11.9% in the third quarter. Geode Capital Management LLC now owns 2,788,550 shares of the company’s stock valued at $21,560,000 after acquiring an additional 295,638 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Sprinklr by 10.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,037,271 shares of the company’s stock valued at $8,018,000 after acquiring an additional 97,066 shares during the last quarter. Cerity Partners LLC lifted its stake in Sprinklr by 33.0% in the third quarter. Cerity Partners LLC now owns 991,475 shares of the company’s stock valued at $7,664,000 after acquiring an additional 246,095 shares during the last quarter. Finally, Horrell Capital Management Inc. lifted its stake in Sprinklr by 31.7% in the third quarter. Horrell Capital Management Inc. now owns 685,000 shares of the company’s stock valued at $5,295,000 after acquiring an additional 165,000 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CXM. 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 note on Thursday, December 5th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $11.00 price target on shares of Sprinklr in a research report on Wednesday, December 11th. Cantor Fitzgerald reissued a “neutral” rating and issued a $9.00 price target on shares of Sprinklr in a research report on Thursday, December 5th. Rosenblatt Securities reissued a “buy” rating and issued a $10.50 price target on shares of Sprinklr in a research report on Friday, February 7th. Finally, Barclays lifted their price target on shares of Sprinklr from $7.00 to $9.00 and gave the company an “underweight” rating in a research report on Thursday, December 5th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $10.13.

Sprinklr Trading Down 1.6 %

Shares of CXM stock opened at $8.73 on Tuesday. Sprinklr, Inc. has a 1 year low of $6.91 and a 1 year high of $14.31. The firm’s fifty day simple moving average is $8.82 and its 200 day simple moving average is $8.31. The firm has a market capitalization of $2.22 billion, a P/E ratio of 54.53, a price-to-earnings-growth ratio of 2.31 and a beta of 0.79.

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.