Sprinklr, Inc. (NYSE:CXM – Get Free Report) CMO Arun Pattabhiraman sold 52,401 shares of Sprinklr stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $11.66, for a total value of $610,995.66. Following the completion of the sale, the chief marketing officer now directly owns 491,862 shares in the company, valued at approximately $5,735,110.92. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Arun Pattabhiraman also recently made the following trade(s):
- On Monday, March 18th, Arun Pattabhiraman sold 27,859 shares of Sprinklr stock. The shares were sold at an average price of $13.03, for a total value of $363,002.77.
Sprinklr Trading Down 0.4 %
Shares of NYSE CXM opened at $11.34 on Friday. Sprinklr, Inc. has a 12 month low of $10.93 and a 12 month high of $17.14. The stock has a 50 day moving average of $12.65 and a 200-day moving average of $13.06. The company has a market capitalization of $3.10 billion, a P/E ratio of 63.00, a P/E/G ratio of 2.18 and a beta of 0.87.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on CXM shares. Wells Fargo & Company lifted their target price on Sprinklr from $12.00 to $14.00 and gave the company an “equal weight” rating in a research report on Thursday, March 28th. DA Davidson reissued a “buy” rating and issued a $16.00 target price on shares of Sprinklr in a research report on Monday, April 1st. TheStreet lowered Sprinklr from a “c-” rating to a “d+” rating in a research report on Thursday, December 28th. Cantor Fitzgerald reissued an “overweight” rating and issued a $16.00 target price on shares of Sprinklr in a research report on Thursday, March 28th. Finally, William Blair reaffirmed an “outperform” rating on shares of Sprinklr in a research report on Thursday, March 28th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Sprinklr currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.90.
Get Our Latest Research Report on CXM
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in CXM. JPMorgan Chase & Co. boosted its stake in shares of Sprinklr by 37,314.8% during the 1st quarter. JPMorgan Chase & Co. now owns 60,612 shares of the company’s stock worth $722,000 after acquiring an additional 60,450 shares during the period. Bank of New York Mellon Corp bought a new stake in Sprinklr in the 1st quarter valued at $11,368,000. Citigroup Inc. boosted its stake in Sprinklr by 308.9% in the 1st quarter. Citigroup Inc. now owns 2,212 shares of the company’s stock valued at $26,000 after purchasing an additional 1,671 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Sprinklr in the 1st quarter valued at $1,259,000. Finally, BlackRock Inc. boosted its stake in Sprinklr by 227.7% in the 1st quarter. BlackRock Inc. now owns 990,051 shares of the company’s stock valued at $11,781,000 after purchasing an additional 687,969 shares during the period. 40.19% of the stock is currently owned by institutional investors.
About Sprinklr
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.
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