Shares of Sprinklr, Inc. (NYSE:CXM - Get Free Report) have received a consensus rating of "Hold" from the thirteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $10.00.
Several research analysts have recently weighed in on the stock. DA Davidson reduced their price target on shares of Sprinklr from $11.00 to $8.00 and set a "neutral" rating for the company in a report on Monday, April 14th. William Blair lowered shares of Sprinklr from an "outperform" rating to a "market perform" rating in a research report on Friday, February 7th. Morgan Stanley decreased their price objective on Sprinklr from $11.00 to $8.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Wells Fargo & Company dropped their price objective on Sprinklr from $7.00 to $6.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 22nd. Finally, Rosenblatt Securities increased their price target on shares of Sprinklr from $10.50 to $12.00 and gave the company a "buy" rating in a research note on Thursday, March 13th.
View Our Latest Analysis on Sprinklr
Sprinklr Stock Performance
NYSE:CXM traded down $0.03 on Monday, reaching $8.47. The company's stock had a trading volume of 99,272 shares, compared to its average volume of 1,998,893. Sprinklr has a 1-year low of $6.75 and a 1-year high of $11.79. The business's 50-day moving average price is $7.87 and its two-hundred day moving average price is $8.40. The firm has a market cap of $2.17 billion, a PE ratio of 52.91, a PEG ratio of 2.31 and a beta of 0.77.
Insider Buying and Selling
In related 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 directly owns 968,306 shares of the company's stock, valued at $8,985,879.68. This trade represents a 2.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 60.53% of the stock is owned by company insiders.
Institutional Investors Weigh In On Sprinklr
A number of large investors have recently modified their holdings of the business. GAMMA Investing LLC grew its position in Sprinklr by 209.5% in the first quarter. GAMMA Investing LLC now owns 3,677 shares of the company's stock valued at $31,000 after acquiring an additional 2,489 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of 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 purchasing an additional 1,928 shares in the last quarter. Ancora Advisors LLC bought a new stake in shares of Sprinklr during the 4th quarter valued at approximately $34,000. Quarry LP increased its position in Sprinklr by 5,071.8% during the 1st quarter. Quarry LP now owns 7,706 shares of the company's stock worth $64,000 after purchasing an additional 7,557 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in Sprinklr in the 4th quarter valued at approximately $89,000. Institutional investors and hedge funds own 40.19% of the company's stock.
Sprinklr Company Profile
(
Get Free ReportSprinklr, 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.
Read More

Before you consider Sprinklr, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sprinklr wasn't on the list.
While Sprinklr currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.