Sprinklr, Inc. (NYSE:CXM) Director Neeraj Agrawal Sells 26,053 Shares

Sprinklr, Inc. (NYSE:CXM) Director Neeraj Agrawal sold 26,053 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $9.28, for a total value of $241,771.84. Following the sale, the director now owns 968,306 shares in the company, valued at approximately $8,985,879.68. The trade was a 2.62 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Sprinklr Stock Performance

Shares of CXM opened at $8.79 on Wednesday. The firm has a market capitalization of $2.23 billion, a P/E ratio of 54.91, a P/E/G ratio of 2.31 and a beta of 0.80. Sprinklr, Inc. has a 52 week low of $6.91 and a 52 week high of $14.32. The stock has a 50 day moving average price of $8.76 and a two-hundred day moving average price of $8.27.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CXM. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $11.00 price target on shares of Sprinklr in a research note on Wednesday, December 11th. Cantor Fitzgerald restated a “neutral” rating and issued a $9.00 price target on shares of Sprinklr in a report on Thursday, December 5th. DA Davidson upped their price objective on shares of Sprinklr from $8.00 to $9.50 and gave the company a “neutral” rating in a report on Thursday, December 5th. William Blair cut shares of Sprinklr from an “outperform” rating to a “market perform” rating in a research report on Friday, February 7th. Finally, Scotiabank boosted their target price on Sprinklr from $8.50 to $9.00 and gave the company a “sector perform” rating in a research report on Thursday, March 13th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $10.38.

Institutional Investors Weigh In On Sprinklr

Institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. lifted its stake in Sprinklr by 100.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,856 shares of the company’s stock valued at $33,000 after acquiring an additional 1,928 shares in the last quarter. Ancora Advisors LLC bought a new position in shares of Sprinklr during the fourth quarter valued at about $34,000. FNY Investment Advisers LLC bought a new position in shares of Sprinklr during the fourth quarter valued at about $42,000. SG Americas Securities LLC purchased a new position in Sprinklr during the fourth quarter worth about $89,000. Finally, Cibc World Markets Corp bought a new stake in Sprinklr in the 4th quarter worth about $92,000. 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.