Sprinklr, Inc. (NYSE:CXM) General Counsel Jacob Scott Sells 1,454 Shares

Sprinklr, Inc. (NYSE:CXM – Get Rating) General Counsel Jacob Scott sold 1,454 shares of the firm’s stock in a transaction dated Thursday, March 16th. The shares were sold at an average price of $10.28, for a total transaction of $14,947.12. Following the completion of the transaction, the general counsel now directly owns 30,783 shares in the company, valued at $316,449.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Sprinklr Price Performance

NYSE CXM traded up $0.17 during trading hours on Friday, reaching $10.49. The company’s stock had a trading volume of 1,141,646 shares, compared to its average volume of 909,341. The firm has a fifty day simple moving average of $10.11 and a 200-day simple moving average of $9.47. The stock has a market cap of $2.74 billion, a P/E ratio of -29.97 and a beta of 0.86. Sprinklr, Inc. has a 52 week low of $7.25 and a 52 week high of $15.05.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CXM. Oppenheimer cut shares of Sprinklr from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 12th. Cantor Fitzgerald began coverage on Sprinklr in a research note on Tuesday, January 24th. They issued an “overweight” rating and a $12.00 price target on the stock. JMP Securities dropped their price objective on Sprinklr from $22.00 to $16.00 and set a “market outperform” rating for the company in a research report on Wednesday, December 7th. Stifel Nicolaus cut Sprinklr from a “buy” rating to a “hold” rating and decreased their target price for the company from $12.00 to $8.00 in a research report on Wednesday, December 7th. Finally, Morgan Stanley dropped their target price on shares of Sprinklr from $14.00 to $10.00 and set an “equal weight” rating for the company in a report on Wednesday, December 7th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $11.50.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Stanley Laman Group Ltd. bought a new position in Sprinklr in the 3rd quarter valued at approximately $1,280,000. Quent Capital LLC bought a new position in Sprinklr in the 3rd quarter valued at approximately $267,000. Blue Owl Capital Holdings LP raised its holdings in Sprinklr by 287.4% in the 3rd quarter. Blue Owl Capital Holdings LP now owns 198,394 shares of the company’s stock valued at $1,830,000 after buying an additional 147,178 shares during the last quarter. Wildcat Capital Management LLC raised its holdings in Sprinklr by 281.3% in the 3rd quarter. Wildcat Capital Management LLC now owns 59,945 shares of the company’s stock valued at $553,000 after buying an additional 44,223 shares during the last quarter. Finally, Evoke Wealth LLC raised its holdings in Sprinklr by 289.6% in the 3rd quarter. Evoke Wealth LLC now owns 37,704 shares of the company’s stock valued at $348,000 after buying an additional 28,027 shares during the last quarter. Institutional investors own 25.77% of the company’s stock.

Sprinklr Company Profile

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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.