Sprinklr, Inc. (NYSE:CXM – Get Free Report) CEO Ragy Thomas sold 1,128 shares of the business’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $12.02, for a total transaction of $13,558.56. Following the completion of the sale, the chief executive officer now owns 1,075,279 shares in the company, valued at $12,924,853.58. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 stock was sold at an average price of $13.03, for a total transaction of $152,998.26.
Sprinklr Stock Performance
Shares of CXM traded down $0.34 during trading hours on Tuesday, hitting $11.69. The stock had a trading volume of 1,314,468 shares, compared to its average volume of 2,621,063. The firm has a market cap of $3.19 billion, a P/E ratio of 66.89, a P/E/G ratio of 2.29 and a beta of 0.87. The company’s fifty day simple moving average is $12.54 and its 200 day simple moving average is $12.95. Sprinklr, Inc. has a 12-month low of $10.93 and a 12-month high of $17.14.
Hedge Funds Weigh In On Sprinklr
Hedge funds have recently made changes to their positions in the business. AE Wealth Management LLC purchased a new stake in Sprinklr during the 3rd quarter worth $506,000. Robeco Institutional Asset Management B.V. acquired a new position in shares of Sprinklr during the third quarter worth about $187,000. Bank of New York Mellon Corp boosted its holdings in Sprinklr by 228.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,019,087 shares of the company’s stock worth $14,104,000 after acquiring an additional 708,655 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Sprinklr by 29.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,351 shares of the company’s stock valued at $295,000 after purchasing an additional 4,869 shares during the period. Finally, BluePath Capital Management LLC acquired a new stake in shares of Sprinklr during the third quarter valued at about $30,000. Hedge funds and other institutional investors own 40.19% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently issued reports on the company. Wells Fargo & Company lifted their price objective on Sprinklr from $12.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 28th. William Blair reissued an “outperform” rating on shares of Sprinklr in a report on Monday, April 22nd. DA Davidson reaffirmed a “buy” rating and set a $16.00 price objective on shares of Sprinklr in a research note on Monday, April 1st. KeyCorp initiated coverage on shares of Sprinklr in a research report on Thursday, March 21st. They set an “overweight” rating and a $19.00 target price on the stock. Finally, Oppenheimer reissued a “market perform” rating on shares of Sprinklr in a research note on Thursday, March 28th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Sprinklr currently has a consensus rating of “Moderate Buy” and an average price target of $16.90.
About Sprinklr
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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