New York State Teachers Retirement System Has $307,000 Position in Sprinklr, Inc. (NYSE:CXM)

New York State Teachers Retirement System lowered its holdings in shares of Sprinklr, Inc. (NYSE:CXM) by 5.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,388 shares of the company’s stock after selling 1,923 shares during the period. New York State Teachers Retirement System’s holdings in Sprinklr were worth $307,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. FNY Investment Advisers LLC acquired a new stake in shares of Sprinklr in the 4th quarter valued at $42,000. Entropy Technologies LP boosted its stake in shares of Sprinklr by 18.2% in the 3rd quarter. Entropy Technologies LP now owns 46,088 shares of the company’s stock valued at $356,000 after purchasing an additional 7,095 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Sprinklr by 17.0% in the 3rd quarter. Victory Capital Management Inc. now owns 61,518 shares of the company’s stock valued at $476,000 after purchasing an additional 8,928 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Sprinklr in the 4th quarter valued at $89,000. Finally, MetLife Investment Management LLC boosted its stake in shares of Sprinklr by 20.2% in the 3rd quarter. MetLife Investment Management LLC now owns 72,948 shares of the company’s stock valued at $564,000 after purchasing an additional 12,237 shares in the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CXM shares. Scotiabank boosted their target price on shares of Sprinklr from $7.70 to $8.50 and gave the company a “sector perform” rating in a research note on Thursday, December 5th. DA Davidson boosted their target price on shares of Sprinklr from $8.00 to $9.50 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Rosenblatt Securities restated a “buy” rating and issued a $10.50 target price on shares of Sprinklr in a research note on Friday, February 7th. William Blair downgraded shares of Sprinklr from an “outperform” rating to a “market perform” rating in a research note on Friday, February 7th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $11.00 price target on shares of Sprinklr in a research report on Wednesday, December 11th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Sprinklr has a consensus rating of “Hold” and a consensus price target of $10.13.

Sprinklr Trading Down 1.6 %

Shares of NYSE:CXM opened at $8.73 on Tuesday. The stock has a market capitalization of $2.22 billion, a P/E ratio of 54.53, a P/E/G ratio of 2.31 and a beta of 0.79. Sprinklr, Inc. has a 1-year low of $6.91 and a 1-year high of $14.31. The business has a 50-day moving average price of $8.82 and a two-hundred day moving average price of $8.31.

About Sprinklr

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.