WINTON GROUP Ltd Sells 175,197 Shares of Sprinklr, Inc. $CXM

WINTON GROUP Ltd trimmed its holdings in shares of Sprinklr, Inc. (NYSE:CXM) by 43.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 226,294 shares of the company’s stock after selling 175,197 shares during the period. WINTON GROUP Ltd’s holdings in Sprinklr were worth $1,747,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of CXM. Lavaca Capital LLC grew its position in shares of Sprinklr by 541.2% during the 2nd quarter. Lavaca Capital LLC now owns 4,200 shares of the company’s stock worth $36,000 after buying an additional 3,545 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Sprinklr by 20.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company’s stock valued at $67,000 after acquiring an additional 1,347 shares during the period. Lazard Asset Management LLC boosted its stake in Sprinklr by 2,480.2% during the second quarter. Lazard Asset Management LLC now owns 8,463 shares of the company’s stock worth $71,000 after acquiring an additional 8,135 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Sprinklr by 1,412.7% during the third quarter. Russell Investments Group Ltd. now owns 9,848 shares of the company’s stock worth $76,000 after acquiring an additional 9,197 shares in the last quarter. Finally, Tidal Investments LLC acquired a new stake in Sprinklr in the second quarter worth $89,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Stock Down 4.3%

CXM stock opened at $5.63 on Wednesday. Sprinklr, Inc. has a twelve month low of $5.12 and a twelve month high of $9.69. The stock’s 50 day moving average is $6.35 and its 200-day moving average is $7.24. The firm has a market capitalization of $1.39 billion, a PE ratio of 13.39 and a beta of 0.78.

Insiders Place Their Bets

In related news, Director Ragy Thomas sold 24,952 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total value of $194,126.56. Following the completion of the sale, the director directly owned 712,349 shares of the company’s stock, valued at approximately $5,542,075.22. This represents a 3.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Amitabh Misra sold 9,099 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total value of $70,790.22. Following the transaction, the chief technology officer owned 584,627 shares in the company, valued at approximately $4,548,398.06. This trade represents a 1.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 456,261 shares of company stock worth $3,150,245 in the last three months. 60.53% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have weighed in on CXM. Rosenblatt Securities reaffirmed a “buy” rating and issued a $12.00 price target on shares of Sprinklr in a research note on Thursday, December 4th. Weiss Ratings cut shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, February 26th. Wall Street Zen downgraded Sprinklr from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Citigroup reaffirmed a “market outperform” rating on shares of Sprinklr in a research report on Friday, January 16th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $9.00 price target on shares of Sprinklr in a research note on Thursday, December 4th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Sprinklr currently has an average rating of “Hold” and an average target price of $9.89.

Sprinklr Profile

Sprinklr, Inc (NYSE: CXM) is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.

Sprinklr’s platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.