Sprinklr, Inc. (NYSE:CXM) Director Sells $11,728.43 in Stock

Sprinklr, Inc. (NYSE:CXM) Director Ragy Thomas sold 1,279 shares of the business’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $9.17, for a total transaction of $11,728.43. Following the sale, the director now directly owns 1,032,532 shares of the company’s stock, valued at approximately $9,468,318.44. This represents a 0.12 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Sprinklr Price Performance

NYSE CXM opened at $8.90 on Friday. Sprinklr, Inc. has a 12 month low of $6.91 and a 12 month high of $14.31. The firm has a market capitalization of $2.26 billion, a PE ratio of 55.63, a P/E/G ratio of 3.04 and a beta of 0.78. The company’s 50 day simple moving average is $8.73 and its 200 day simple moving average is $8.36.

Hedge Funds Weigh In On Sprinklr

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. FNY Investment Advisers LLC acquired a new stake in shares of Sprinklr in the fourth quarter valued at $42,000. SG Americas Securities LLC bought a new stake in Sprinklr in the fourth quarter worth about $89,000. Everence Capital Management Inc. acquired a new stake in Sprinklr in the 3rd quarter valued at about $105,000. GSA Capital Partners LLP bought a new position in shares of Sprinklr during the 3rd quarter valued at about $129,000. Finally, GW Henssler & Associates Ltd. acquired a new position in shares of Sprinklr in the 3rd quarter worth approximately $142,000. 40.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. DA Davidson upped their target price on Sprinklr from $8.00 to $9.50 and gave the company a “neutral” rating in a report on Thursday, December 5th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $10.50 target price on shares of Sprinklr in a research report on Thursday, December 5th. Wells Fargo & Company downgraded shares of Sprinklr from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $8.00 to $6.00 in a report on Tuesday, November 12th. Barclays increased their price objective on shares of Sprinklr from $7.00 to $9.00 and gave the stock an “underweight” rating in a report on Thursday, December 5th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $9.00 price objective on shares of Sprinklr in a research report on Thursday, December 5th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Sprinklr presently has a consensus rating of “Hold” and an average price target of $10.13.

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.