405,000 Shares in Sprinklr, Inc. (NYSE:CXM) Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL purchased a new position in Sprinklr, Inc. (NYSE:CXM - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 405,000 shares of the company's stock, valued at approximately $3,422,000. Tudor Investment Corp ET AL owned about 0.16% of Sprinklr as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Aquatic Capital Management LLC boosted its stake in shares of Sprinklr by 55.5% during the 4th quarter. Aquatic Capital Management LLC now owns 167,337 shares of the company's stock valued at $1,414,000 after purchasing an additional 59,737 shares in the last quarter. Boothbay Fund Management LLC increased its stake in Sprinklr by 8.1% during the 4th quarter. Boothbay Fund Management LLC now owns 198,909 shares of the company's stock valued at $1,681,000 after purchasing an additional 14,852 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in Sprinklr in the 4th quarter worth approximately $3,786,000. Nebula Research & Development LLC bought a new position in Sprinklr during the 4th quarter valued at about $380,000. Finally, Voya Investment Management LLC grew its stake in shares of Sprinklr by 69.2% in the fourth quarter. Voya Investment Management LLC now owns 544,993 shares of the company's stock worth $4,605,000 after acquiring an additional 222,860 shares during the period. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on CXM shares. Scotiabank lifted their target price on Sprinklr from $8.50 to $9.00 and gave the company a "sector perform" rating in a research report on Thursday, March 13th. Rosenblatt Securities raised their target price on shares of Sprinklr from $10.50 to $12.00 and gave the stock a "buy" rating in a research note on Thursday, March 13th. William Blair lowered shares of Sprinklr from an "outperform" rating to a "market perform" rating in a research report on Friday, February 7th. Wells Fargo & Company lowered their target price on shares of Sprinklr from $7.00 to $6.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 22nd. Finally, Morgan Stanley lowered their price objective on Sprinklr from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Two 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. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $10.00.

Insider Transactions at Sprinklr

In other Sprinklr news, Director Neeraj Agrawal sold 26,053 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $9.28, for a total transaction of $241,771.84. Following the sale, the director now directly owns 968,306 shares in the company, valued at approximately $8,985,879.68. The trade was a 2.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 30.12% of the company's stock.

Sprinklr Trading Up 2.7 %

NYSE:CXM traded up $0.21 during trading hours on Thursday, hitting $7.95. The company's stock had a trading volume of 189,261 shares, compared to its average volume of 1,670,250. The stock has a market capitalization of $2.03 billion, a P/E ratio of 49.69, a price-to-earnings-growth ratio of 2.31 and a beta of 0.77. Sprinklr, Inc. has a 52-week low of $6.75 and a 52-week high of $12.86. The stock has a fifty day moving average of $8.00 and a 200-day moving average of $8.31.

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.