Sprinklr, Inc. (NYSE:CXM – Get Free Report) General Counsel Jacob Scott sold 21,665 shares of Sprinklr stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $7.12, for a total value of $154,254.80. Following the transaction, the general counsel owned 404,723 shares of the company’s stock, valued at $2,881,627.76. The trade was a 5.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Jacob Scott also recently made the following trade(s):
- On Tuesday, December 16th, Jacob Scott sold 9,942 shares of Sprinklr stock. The shares were sold at an average price of $7.78, for a total value of $77,348.76.
Sprinklr Price Performance
NYSE CXM traded down $0.33 during trading hours on Friday, reaching $6.63. The company’s stock had a trading volume of 2,200,232 shares, compared to its average volume of 1,489,247. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 15.79 and a beta of 0.77. The company’s 50-day moving average is $7.54 and its two-hundred day moving average is $7.98. Sprinklr, Inc. has a 1-year low of $6.62 and a 1-year high of $9.69.
Institutional Trading of Sprinklr
Several institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC boosted its stake in Sprinklr by 11,204.2% during the fourth quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock worth $35,250,000 after buying an additional 4,490,746 shares during the period. Vanguard Group Inc. raised its stake in shares of Sprinklr by 20.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock valued at $135,653,000 after acquiring an additional 2,966,556 shares during the period. Sea Cliff Partners Management LP lifted its holdings in shares of Sprinklr by 1,174.6% in the 2nd quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock worth $18,331,000 after acquiring an additional 1,996,792 shares during the last quarter. Norges Bank purchased a new position in shares of Sprinklr during the 2nd quarter worth approximately $10,310,000. Finally, Jefferies Financial Group Inc. boosted its position in shares of Sprinklr by 31.6% during the second quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company’s stock worth $39,610,000 after buying an additional 1,125,000 shares during the period. 40.19% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
CXM has been the topic of a number of research reports. Weiss Ratings raised shares of Sprinklr from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, January 7th. Wall Street Zen cut Sprinklr from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Citigroup reissued a “market outperform” rating on shares of Sprinklr in a research note on Friday. Cantor Fitzgerald restated a “neutral” rating and issued a $8.00 target price on shares of Sprinklr in a report on Wednesday, December 3rd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $12.00 price target on shares of Sprinklr in a report on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $9.89.
Read Our Latest Report on Sprinklr
Sprinklr Company Profile
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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