Several analysts have recently updated their ratings and price targets for Sprinklr (NYSE: CXM):
- 9/5/2024 – Sprinklr had its price target lowered by analysts at Barclays PLC from $11.00 to $10.00. They now have an “overweight” rating on the stock.
- 9/5/2024 – Sprinklr had its price target lowered by analysts at KeyCorp from $16.00 to $12.00. They now have an “overweight” rating on the stock.
- 9/5/2024 – Sprinklr had its price target lowered by analysts at Citigroup Inc. from $11.00 to $9.00. They now have a “neutral” rating on the stock.
- 9/5/2024 – Sprinklr had its price target lowered by analysts at DA Davidson from $9.00 to $8.00. They now have a “neutral” rating on the stock.
- 9/5/2024 – Sprinklr had its price target lowered by analysts at Cantor Fitzgerald from $10.00 to $9.00. They now have a “neutral” rating on the stock.
- 9/5/2024 – Sprinklr had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $17.00 price target on the stock.
- 9/5/2024 – Sprinklr had its price target lowered by analysts at Wells Fargo & Company from $9.00 to $8.00. They now have an “equal weight” rating on the stock.
- 9/5/2024 – Sprinklr had its price target lowered by analysts at Morgan Stanley from $12.00 to $10.00. They now have an “equal weight” rating on the stock.
- 9/3/2024 – Sprinklr had its price target lowered by analysts at Rosenblatt Securities from $14.00 to $11.00. They now have a “buy” rating on the stock.
Sprinklr Stock Performance
CXM traded down $0.05 on Friday, hitting $7.86. The company had a trading volume of 397,359 shares, compared to its average volume of 2,224,917. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of 37.43, a P/E/G ratio of 2.23 and a beta of 0.78. The stock has a fifty day moving average price of $8.85 and a 200-day moving average price of $10.56. Sprinklr, Inc. has a 12-month low of $7.23 and a 12-month high of $17.14.
Insider Activity
In related news, major shareholder Roger H. Lee sold 44,884 shares of the stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $7.83, for a total transaction of $351,441.72. Following the completion of the sale, the insider now owns 739,799 shares of the company’s stock, valued at $5,792,626.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, major shareholder Roger H. Lee sold 225,000 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $7.37, for a total transaction of $1,658,250.00. Following the transaction, the insider now owns 514,799 shares in the company, valued at $3,794,068.63. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Roger H. Lee sold 44,884 shares of Sprinklr stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $7.83, for a total transaction of $351,441.72. Following the completion of the sale, the insider now owns 739,799 shares of the company’s stock, valued at $5,792,626.17. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 351,937 shares of company stock worth $2,675,185. Corporate insiders own 30.12% of the company’s stock.
Institutional Inflows and Outflows
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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