Jump Financial LLC Trims Stock Position in Sprinklr, Inc. (NYSE:CXM)

Jump Financial LLC cut its stake in Sprinklr, Inc. (NYSE:CXMFree Report) by 33.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,795 shares of the company’s stock after selling 19,055 shares during the quarter. Jump Financial LLC’s holdings in Sprinklr were worth $523,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. BluePath Capital Management LLC bought a new stake in Sprinklr in the third quarter worth $30,000. Citigroup Inc. lifted its position in Sprinklr by 308.9% in the first quarter. Citigroup Inc. now owns 2,212 shares of the company’s stock worth $26,000 after buying an additional 1,671 shares during the last quarter. FMR LLC lifted its position in Sprinklr by 126.1% in the first quarter. FMR LLC now owns 2,661 shares of the company’s stock worth $34,000 after buying an additional 1,484 shares during the last quarter. Castleview Partners LLC bought a new stake in Sprinklr in the third quarter worth $38,000. Finally, Deutsche Bank AG bought a new stake in Sprinklr in the fourth quarter worth $28,000. 40.19% of the stock is currently owned by institutional investors.

Sprinklr Trading Up 1.6 %

Shares of Sprinklr stock opened at $13.06 on Friday. The firm has a market cap of $3.58 billion, a P/E ratio of 118.68, a P/E/G ratio of 2.87 and a beta of 0.88. Sprinklr, Inc. has a 12 month low of $9.79 and a 12 month high of $17.14. The stock’s fifty day moving average price is $12.37 and its 200-day moving average price is $13.67.

Sprinklr (NYSE:CXMGet Free Report) last announced its quarterly earnings results on Wednesday, December 6th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). Sprinklr had a net margin of 4.21% and a return on equity of 4.96%. The firm had revenue of $186.33 million for the quarter, compared to analysts’ expectations of $180.42 million. During the same quarter in the prior year, the business posted ($0.02) EPS. The business’s quarterly revenue was up 18.5% on a year-over-year basis. Analysts forecast that Sprinklr, Inc. will post 0.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CXM shares. Morgan Stanley lowered their price target on Sprinklr from $18.00 to $16.00 and set an “equal weight” rating for the company in a research report on Friday, December 8th. Barclays decreased their target price on Sprinklr from $18.00 to $15.00 and set an “overweight” rating for the company in a research report on Monday, December 11th. JMP Securities decreased their target price on Sprinklr from $24.00 to $22.00 and set a “market outperform” rating for the company in a research report on Thursday, December 7th. Rosenblatt Securities began coverage on Sprinklr in a research report on Tuesday. They set a “buy” rating and a $16.00 target price for the company. Finally, TheStreet downgraded Sprinklr from a “c-” rating to a “d+” rating in a research report on Thursday, December 28th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $16.15.

Check Out Our Latest Stock Report on CXM

Insider Buying and Selling at Sprinklr

In other Sprinklr news, CFO Manish Sarin sold 20,000 shares of Sprinklr stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $17.01, for a total value of $340,200.00. Following the transaction, the chief financial officer now owns 723,411 shares in the company, valued at $12,305,221.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Sprinklr news, CFO Manish Sarin sold 20,000 shares of Sprinklr stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $17.01, for a total value of $340,200.00. Following the transaction, the chief financial officer now owns 723,411 shares in the company, valued at $12,305,221.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Diane Adams sold 10,400 shares of Sprinklr stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $15.00, for a total value of $156,000.00. Following the completion of the transaction, the insider now owns 273,546 shares in the company, valued at approximately $4,103,190. The disclosure for this sale can be found here. Insiders have sold 299,697 shares of company stock worth $4,116,078 over the last quarter. Insiders own 40.29% of the company’s stock.

Sprinklr Profile

(Free Report)

Sprinklr, Inc provides enterprise cloud software products worldwide. The company offers Unified Customer Experience Management platform, a purpose-built to analyze unstructured customer experience data, built to scale across future and modern channels, and integrates all stages of the customer journey.

See Also

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Institutional Ownership by Quarter for Sprinklr (NYSE:CXM)

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