Sprinklr, Inc. (NYSE:CXM – Get Rating) CEO Ragy Thomas sold 1,048,005 shares of the company’s stock in a transaction dated Monday, April 11th. The stock was sold at an average price of $14.79, for a total value of $15,499,993.95. Following the completion of the sale, the chief executive officer now directly owns 31,250 shares of the company’s stock, valued at approximately $462,187.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of NYSE CXM opened at $14.39 on Thursday. Sprinklr, Inc. has a twelve month low of $9.62 and a twelve month high of $26.50. The firm has a 50-day moving average of $11.97 and a two-hundred day moving average of $14.21.
Sprinklr (NYSE:CXM – Get Rating) last issued its quarterly earnings results on Wednesday, April 6th. The company reported ($0.05) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.09) by $0.04. Sprinklr had a negative net margin of 23.17% and a negative return on equity of 30.66%. The company had revenue of $135.67 million during the quarter, compared to the consensus estimate of $130.38 million. Sprinklr’s revenue was up 30.3% compared to the same quarter last year. On average, equities research analysts forecast that Sprinklr, Inc. will post -0.43 EPS for the current year.
A number of hedge funds have recently bought and sold shares of the business. 12 West Capital Management LP lifted its stake in Sprinklr by 152.8% during the fourth quarter. 12 West Capital Management LP now owns 5,820,639 shares of the company’s stock valued at $92,374,000 after buying an additional 3,517,844 shares in the last quarter. Wellington Management Group LLP lifted its stake in Sprinklr by 231.4% during the third quarter. Wellington Management Group LLP now owns 4,637,386 shares of the company’s stock valued at $80,274,000 after buying an additional 3,238,186 shares in the last quarter. Granahan Investment Management Inc. MA lifted its stake in Sprinklr by 20.5% during the third quarter. Granahan Investment Management Inc. MA now owns 1,661,084 shares of the company’s stock valued at $29,069,000 after buying an additional 282,219 shares in the last quarter. Cadian Capital Management LP purchased a new stake in Sprinklr during the fourth quarter valued at about $25,366,000. Finally, AXA S.A. lifted its stake in Sprinklr by 3.6% during the third quarter. AXA S.A. now owns 1,139,798 shares of the company’s stock valued at $19,946,000 after buying an additional 39,798 shares in the last quarter. 36.01% of the stock is owned by institutional investors.
Sprinklr Company Profile (Get Rating)
Sprinklr, Inc develops and provides a cloud-based unified customer experience management platform for enterprises worldwide. It enables organizations to do marketing, advertising, research, care, sales, and engagement across modern channels, including social, messaging, chat, and text through its unified customer experience management software platform.
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