Sprinklr, Inc. (NYSE:CXM – Get Free Report) CEO Ragy Thomas sold 1,505 shares of the stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $7.49, for a total value of $11,272.45. Following the transaction, the chief executive officer now directly owns 1,047,919 shares in the company, valued at approximately $7,848,913.31. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Ragy Thomas also recently made the following trade(s):
- On Monday, September 16th, Ragy Thomas sold 12,902 shares of Sprinklr stock. The stock was sold at an average price of $7.83, for a total value of $101,022.66.
Sprinklr Price Performance
Sprinklr stock traded down $0.17 during midday trading on Wednesday, hitting $7.37. 1,722,930 shares of the stock were exchanged, compared to its average volume of 2,183,831. The company has a 50 day moving average price of $7.76 and a two-hundred day moving average price of $9.43. The firm has a market cap of $1.87 billion, a P/E ratio of 41.78, a P/E/G ratio of 2.10 and a beta of 0.76. Sprinklr, Inc. has a 1 year low of $6.91 and a 1 year high of $17.14.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on CXM. Citigroup cut their target price on Sprinklr from $11.00 to $9.00 and set a “neutral” rating on the stock in a research report on Thursday, September 5th. KeyCorp cut their target price on Sprinklr from $16.00 to $12.00 and set an “overweight” rating on the stock in a research report on Thursday, September 5th. JMP Securities reaffirmed a “market outperform” rating and issued a $17.00 target price on shares of Sprinklr in a research report on Thursday, September 5th. DA Davidson cut their target price on Sprinklr from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Thursday, September 5th. Finally, Rosenblatt Securities decreased their price objective on shares of Sprinklr from $14.00 to $11.00 and set a “buy” rating for the company in a research note on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $10.00.
View Our Latest Research Report on Sprinklr
Institutional Trading of Sprinklr
A number of hedge funds have recently made changes to their positions in CXM. CWM LLC boosted its stake in Sprinklr by 111.0% during the 2nd quarter. CWM LLC now owns 3,620 shares of the company’s stock valued at $35,000 after acquiring an additional 1,904 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of Sprinklr by 15.6% in the 2nd quarter. CIBC Asset Management Inc now owns 12,523 shares of the company’s stock worth $120,000 after purchasing an additional 1,694 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in shares of Sprinklr in the 3rd quarter valued at about $105,000. Susquehanna Fundamental Investments LLC bought a new position in shares of Sprinklr during the first quarter worth about $166,000. Finally, Simplicity Wealth LLC acquired a new position in Sprinklr in the second quarter worth about $148,000. Institutional investors and hedge funds own 40.19% of the company’s stock.
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.
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