First Eagle Investment Management LLC Invests $452,000 in Sprinklr, Inc. (NYSE:CXM)

First Eagle Investment Management LLC bought a new stake in Sprinklr, Inc. (NYSE:CXM) in the fourth quarter, HoldingsChannel reports. The fund bought 53,434 shares of the company’s stock, valued at approximately $452,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CXM. PNC Financial Services Group Inc. boosted its holdings 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 during the last quarter. FNY Investment Advisers LLC acquired a new position in Sprinklr in the fourth quarter valued at $42,000. SG Americas Securities LLC acquired a new position in Sprinklr in the fourth quarter valued at $89,000. EPIQ Capital Group LLC grew its position in Sprinklr by 26.2% during the fourth quarter. EPIQ Capital Group LLC now owns 12,841 shares of the company’s stock valued at $109,000 after acquiring an additional 2,664 shares during the period. Finally, Abbot Financial Management Inc. acquired a new stake in Sprinklr during the fourth quarter worth about $115,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

Analysts Set New Price Targets

CXM has been the subject of a number of research reports. Morgan Stanley boosted their target price on Sprinklr from $10.00 to $11.00 and gave the stock an “equal weight” rating in a report on Thursday. DA Davidson increased their price objective on shares of Sprinklr from $8.00 to $9.50 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. William Blair downgraded shares of Sprinklr from an “outperform” rating to a “market perform” rating in a research note on Friday, February 7th. Stifel Nicolaus upped their price target on shares of Sprinklr from $9.00 to $10.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $11.00 price objective on shares of Sprinklr in a research report on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $10.38.

Sprinklr Trading Down 0.8 %

Shares of NYSE:CXM opened at $9.13 on Monday. The firm has a market cap of $2.32 billion, a PE ratio of 57.03, a price-to-earnings-growth ratio of 2.31 and a beta of 0.80. The company has a fifty day simple moving average of $8.76 and a 200 day simple moving average of $8.27. Sprinklr, Inc. has a 12-month low of $6.91 and a 12-month high of $14.32.

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.