Sprinklr, Inc. (NYSE:CXM – Get Free Report) CEO Ragy Thomas sold 1,128 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $12.02, for a total value of $13,558.56. Following the completion of the transaction, the chief executive officer now directly owns 1,075,279 shares in the company, valued at $12,924,853.58. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Ragy Thomas also recently made the following trade(s):
- On Monday, March 18th, Ragy Thomas sold 11,742 shares of Sprinklr stock. The shares were sold at an average price of $13.03, for a total value of $152,998.26.
Sprinklr Price Performance
CXM opened at $11.95 on Thursday. The firm has a 50 day simple moving average of $12.52 and a 200 day simple moving average of $12.94. Sprinklr, Inc. has a fifty-two week low of $10.93 and a fifty-two week high of $17.14. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 66.36, a price-to-earnings-growth ratio of 2.31 and a beta of 0.87.
Analyst Ratings Changes
Several analysts have recently commented on the company. DA Davidson restated a “buy” rating and set a $16.00 target price on shares of Sprinklr in a report on Monday, April 1st. Cantor Fitzgerald reissued an “overweight” rating and set a $16.00 price objective on shares of Sprinklr in a report on Thursday, March 28th. William Blair reaffirmed an “outperform” rating on shares of Sprinklr in a research note on Monday, April 22nd. Rosenblatt Securities upped their target price on shares of Sprinklr from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, March 28th. Finally, Wells Fargo & Company raised their price target on shares of Sprinklr from $12.00 to $14.00 and gave the company an “equal weight” rating in a report on Thursday, March 28th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Sprinklr presently has an average rating of “Moderate Buy” and an average price target of $16.90.
Institutional Investors Weigh In On Sprinklr
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. RiverPark Advisors LLC acquired a new position in shares of Sprinklr during the 3rd quarter worth about $27,000. BluePath Capital Management LLC acquired a new position in Sprinklr during the third quarter valued at approximately $30,000. Mather Group LLC. acquired a new position in Sprinklr during the first quarter valued at approximately $28,000. Castleview Partners LLC bought a new stake in Sprinklr in the third quarter valued at approximately $38,000. Finally, DekaBank Deutsche Girozentrale acquired a new stake in Sprinklr in the third quarter worth $87,000. Institutional investors 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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