Amundi Has $431,000 Holdings in Sprinklr, Inc. (NYSE:CXM)

Amundi lessened its stake in Sprinklr, Inc. (NYSE:CXM) by 16.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,252 shares of the company’s stock after selling 9,757 shares during the quarter. Amundi’s holdings in Sprinklr were worth $431,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in 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 acquiring an additional 1,928 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in Sprinklr in the 4th quarter valued at about $42,000. SG Americas Securities LLC acquired a new stake in Sprinklr in the 4th quarter valued at about $89,000. Abbot Financial Management Inc. acquired a new stake in Sprinklr in the 4th quarter valued at about $115,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of Sprinklr during the 3rd quarter worth approximately $129,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Stock Performance

Shares of CXM opened at $8.87 on Friday. Sprinklr, Inc. has a twelve month low of $6.91 and a twelve month high of $14.32. The firm’s 50 day moving average price is $8.77 and its two-hundred day moving average price is $8.28. The firm has a market cap of $2.26 billion, a P/E ratio of 55.41, a PEG ratio of 2.31 and a beta of 0.80.

Insider Buying and Selling at Sprinklr

In other Sprinklr news, Director Neeraj Agrawal sold 26,053 shares of Sprinklr stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $9.28, for a total value of $241,771.84. Following the transaction, the director now owns 968,306 shares of the company’s stock, valued at approximately $8,985,879.68. The trade was a 2.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 30.12% of the company’s stock.

Wall Street Analyst Weigh In

CXM has been the subject of several analyst reports. JMP Securities reiterated a “market outperform” rating and set a $17.00 price target on shares of Sprinklr in a research report on Friday, February 7th. 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 report on Thursday, December 5th. William Blair cut shares of Sprinklr from an “outperform” rating to a “market perform” rating in a research report on Friday, February 7th. Morgan Stanley lifted their price target on shares of Sprinklr from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 13th. Finally, Scotiabank lifted their price target on shares of Sprinklr from $8.50 to $9.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 13th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $10.38.

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.