Sprinklr, Inc. (NYSE:CXM) Insider Diane Adams Sells 37,128 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) insider Diane Adams sold 37,128 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $15.02, for a total transaction of $557,662.56. Following the completion of the sale, the insider now directly owns 273,546 shares of the company’s stock, valued at $4,108,660.92. The transaction was disclosed in a filing with the SEC, which is available at this link.

Diane Adams also recently made the following trade(s):

• On Tuesday, November 14th, Diane Adams sold 10,400 shares of Sprinklr stock. The shares were sold at an average price of $15.00, for a total transaction of $156,000.00.
• On Wednesday, November 1st, Diane Adams sold 535 shares of Sprinklr stock. The shares were sold at an average price of $13.57, for a total transaction of $7,259.95.
• On Monday, October 30th, Diane Adams sold 465 shares of Sprinklr stock. The shares were sold at an average price of $13.33, for a total transaction of $6,198.45.
• On Friday, October 13th, Diane Adams sold 151,235 shares of Sprinklr stock. The shares were sold at an average price of $13.60, for a total transaction of $2,056,796.00.
• On Monday, September 18th, Diane Adams sold 2,916 shares of Sprinklr stock. The shares were sold at an average price of $14.86, for a total transaction of $43,331.76.

Sprinklr Stock Up 2.9 %

Shares of CXM opened at $15.34 on Tuesday. The company has a market cap of $4.15 billion, a PE ratio of 511.33, a P/E/G ratio of 5.64 and a beta of 0.93. The business has a fifty day moving average of $14.17 and a 200 day moving average of $13.94. Sprinklr, Inc. has a 52-week low of $7.25 and a 52-week high of $16.68.

Sprinklr (NYSE:CXM) last issued its quarterly earnings results on Wednesday, September 6th. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $178.47 million during the quarter, compared to the consensus estimate of $173.20 million. Sprinklr had a return on equity of 1.25% and a net margin of 1.00%. As a group, research analysts anticipate that Sprinklr, Inc. will post 0.09 earnings per share for the current fiscal year.

Institutional Trading of Sprinklr

A number of institutional investors have recently bought and sold shares of the stock. Cadian Capital Management LP lifted its position in Sprinklr by 14.7% in the third quarter. Cadian Capital Management LP now owns 11,204,601 shares of the company’s stock worth $155,072,000 after buying an additional 1,434,907 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Sprinklr by 11.5% during the third quarter. Vanguard Group Inc. now owns 7,343,260 shares of the company’s stock worth $67,704,000 after purchasing an additional 759,933 shares during the last quarter. Sixth Street Partners Management Company L.P. bought a new stake in shares of Sprinklr during the second quarter worth $94,980,000. BlackRock Inc. lifted its position in shares of Sprinklr by 302.9% during the second quarter. BlackRock Inc. now owns 6,344,527 shares of the company’s stock worth $87,745,000 after purchasing an additional 4,769,625 shares during the last quarter. Finally, Praesidium Investment Management Company LLC lifted its position in shares of Sprinklr by 31.4% during the second quarter. Praesidium Investment Management Company LLC now owns 4,728,006 shares of the company’s stock worth $65,388,000 after purchasing an additional 1,129,318 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on CXM shares. Citigroup increased their price objective on shares of Sprinklr from $15.00 to $18.00 and gave the company a “neutral” rating in a report on Thursday, September 7th. Stifel Nicolaus increased their price objective on shares of Sprinklr from $15.00 to $16.00 and gave the company a “hold” rating in a report on Thursday, September 7th. William Blair reissued an “outperform” rating on shares of Sprinklr in a report on Thursday, September 7th. DA Davidson raised their target price on shares of Sprinklr from $17.00 to $18.50 and gave the company a “buy” rating in a report on Thursday, September 7th. Finally, Morgan Stanley raised their target price on shares of Sprinklr from $17.00 to $18.00 and gave the company an “equal weight” rating in a report on Thursday, September 7th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $16.35.

Sprinklr Company Profile

Sprinklr, Inc provides enterprise cloud software products worldwide. The company offers Unified Customer Experience Management platform, a purpose-built to analyze unstructured customer experience data, built to scale across future and modern channels, and integrates all stages of the customer journey.