Thompson Siegel & Walmsley LLC Takes Position in Sprinklr, Inc. (NYSE:CXM)

Thompson Siegel & Walmsley LLC bought a new stake in Sprinklr, Inc. (NYSE:CXM - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 365,000 shares of the company's stock, valued at approximately $4,395,000. Thompson Siegel & Walmsley LLC owned about 0.13% of Sprinklr as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp increased its position in shares of Sprinklr by 228.3% in the third quarter. Bank of New York Mellon Corp now owns 1,019,087 shares of the company's stock valued at $14,104,000 after acquiring an additional 708,655 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Sprinklr by 36.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 878,104 shares of the company's stock worth $12,153,000 after buying an additional 235,111 shares during the last quarter. Horrell Capital Management Inc. increased its position in Sprinklr by 63.1% during the fourth quarter. Horrell Capital Management Inc. now owns 336,000 shares of the company's stock worth $4,045,000 after buying an additional 130,000 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new position in Sprinklr during the third quarter worth approximately $87,000. Finally, Lisanti Capital Growth LLC acquired a new position in Sprinklr during the third quarter worth approximately $2,672,000. Institutional investors and hedge funds own 40.19% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CXM. William Blair restated an "outperform" rating on shares of Sprinklr in a report on Monday, April 22nd. Cantor Fitzgerald restated an "overweight" rating and set a $16.00 price objective on shares of Sprinklr in a report on Thursday, March 28th. Rosenblatt Securities boosted their price objective on Sprinklr from $16.00 to $18.00 and gave the stock a "buy" rating in a report on Thursday, March 28th. DA Davidson restated a "buy" rating and set a $16.00 price objective on shares of Sprinklr in a report on Monday, April 1st. Finally, Oppenheimer restated a "market perform" rating on shares of Sprinklr in a report on Thursday, March 28th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Sprinklr has a consensus rating of "Moderate Buy" and an average target price of $16.90.

Sprinklr Stock Performance

Shares of CXM stock traded down $0.19 during trading on Friday, hitting $12.17. The company had a trading volume of 1,058,675 shares, compared to its average volume of 1,632,073. The firm has a market capitalization of $3.32 billion, a P/E ratio of 67.61, a price-to-earnings-growth ratio of 2.38 and a beta of 0.87. The stock's 50-day moving average price is $12.44 and its 200 day moving average price is $12.88. Sprinklr, Inc. has a one year low of $10.93 and a one year high of $17.14.

Sprinklr (NYSE:CXM - Get Free Report) last issued its quarterly earnings results on Wednesday, March 27th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.04. Sprinklr had a return on equity of 8.15% and a net margin of 7.02%. The business had revenue of $194.21 million during the quarter, compared to analysts' expectations of $188.50 million. On average, research analysts anticipate that Sprinklr, Inc. will post 0.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Sprinklr news, CMO Arun Pattabhiraman sold 52,401 shares of the company's stock in a transaction on Friday, April 12th. The stock was sold at an average price of $11.66, for a total transaction of $610,995.66. Following the completion of the sale, the chief marketing officer now directly owns 491,862 shares in the company, valued at $5,735,110.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Ragy Thomas sold 11,742 shares of the company's stock in a transaction on Monday, March 18th. The shares were sold at an average price of $13.03, for a total transaction of $152,998.26. Following the completion of the transaction, the chief executive officer now directly owns 438,214 shares in the company, valued at $5,709,928.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Arun Pattabhiraman sold 52,401 shares of the company's stock in a transaction on Friday, April 12th. The stock was sold at an average price of $11.66, for a total transaction of $610,995.66. Following the transaction, the chief marketing officer now owns 491,862 shares of the company's stock, valued at $5,735,110.92. The disclosure for this sale can be found here. Insiders sold 495,273 shares of company stock worth $6,083,127 over the last three months. Insiders own 40.29% of the company's stock.

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.