Sprinklr, Inc. (NYSE:CXM – Get Free Report) General Counsel Jacob Scott sold 2,724 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $4.97, for a total transaction of $13,538.28. Following the transaction, the general counsel directly owned 648,412 shares of the company’s stock, valued at approximately $3,222,607.64. This trade represents a 0.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jacob Scott also recently made the following trade(s):
- On Tuesday, June 16th, Jacob Scott sold 16,380 shares of Sprinklr stock. The shares were sold at an average price of $5.30, for a total value of $86,814.00.
Sprinklr Stock Performance
Shares of NYSE CXM opened at $4.92 on Friday. The company’s fifty day moving average price is $5.25 and its 200 day moving average price is $6.05. Sprinklr, Inc. has a 1 year low of $4.72 and a 1 year high of $9.40. The company has a market capitalization of $1.15 billion, a PE ratio of 40.96 and a beta of 0.59.
Institutional Investors Weigh In On Sprinklr
A number of large investors have recently modified their holdings of CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Sprinklr by 2.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock valued at $988,000 after acquiring an additional 2,478 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Sprinklr by 4.6% in the first quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after purchasing an additional 25,609 shares during the last quarter. Caxton Associates LLP purchased a new position in Sprinklr during the first quarter worth approximately $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Sprinklr by 4.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock worth $2,177,000 after buying an additional 10,136 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in Sprinklr by 166.9% in the 2nd quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock valued at $1,453,000 after buying an additional 107,394 shares in the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.
Analyst Ratings Changes
Several analysts have commented on CXM shares. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Citigroup decreased their target price on Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Morgan Stanley dropped their price target on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Rosenblatt Securities cut their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th. Finally, Citizens Jmp reduced their price objective on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a research report on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sprinklr currently has a consensus rating of “Hold” and a consensus target price of $7.79.
View Our Latest Report on Sprinklr
About Sprinklr
Sprinklr, Inc (NYSE: CXM) is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.
Sprinklr’s platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.
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