Sprinklr, Inc. (NYSE:CXM) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its position in Sprinklr, Inc. (NYSE:CXM - Free Report) by 4.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,304,959 shares of the company's stock after selling 59,141 shares during the period. Dimensional Fund Advisors LP owned 0.51% of Sprinklr worth $11,027,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC bought a new position in Sprinklr during the fourth quarter worth $989,000. Ceera Investments LLC raised its position in shares of Sprinklr by 61.4% in the 4th quarter. Ceera Investments LLC now owns 182,105 shares of the company's stock worth $1,539,000 after acquiring an additional 69,290 shares in the last quarter. Barclays PLC lifted its stake in shares of Sprinklr by 283.7% in the 3rd quarter. Barclays PLC now owns 242,990 shares of the company's stock valued at $1,878,000 after purchasing an additional 179,661 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Sprinklr by 224.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 628,661 shares of the company's stock valued at $4,860,000 after purchasing an additional 434,920 shares in the last quarter. Finally, First Eagle Investment Management LLC bought a new stake in shares of Sprinklr during the 4th quarter valued at about $452,000. Institutional investors and hedge funds own 40.19% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on CXM shares. Scotiabank lifted their price objective on shares of Sprinklr from $8.50 to $9.00 and gave the company a "sector perform" rating in a research note on Thursday, March 13th. Morgan Stanley cut their target price on Sprinklr from $11.00 to $8.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. JMP Securities restated a "market outperform" rating and issued a $17.00 target price on shares of Sprinklr in a report on Friday, February 7th. DA Davidson reduced their price objective on shares of Sprinklr from $11.00 to $8.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Finally, Rosenblatt Securities boosted their price target on shares of Sprinklr from $10.50 to $12.00 and gave the stock a "buy" rating in a report on Thursday, March 13th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Sprinklr has a consensus rating of "Hold" and an average target price of $10.00.

Insider Buying and Selling at Sprinklr

In other Sprinklr news, Director Neeraj Agrawal sold 26,053 shares of the company's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $9.28, for a total transaction of $241,771.84. Following the transaction, the director now owns 968,306 shares in the company, valued at approximately $8,985,879.68. This represents a 2.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 30.12% of the stock is currently owned by corporate insiders.

Sprinklr Stock Up 0.2%

Sprinklr stock traded up $0.02 during midday trading on Thursday, reaching $8.49. The stock had a trading volume of 120,822 shares, compared to its average volume of 2,010,116. The company has a fifty day moving average of $7.99 and a 200 day moving average of $8.35. Sprinklr, Inc. has a 52-week low of $6.75 and a 52-week high of $12.69. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 52.97, a price-to-earnings-growth ratio of 2.31 and a beta of 0.77.

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.