Sprinklr, Inc. (NYSE:CXM) Insider Diane Adams Sells 12,915 Shares of Stock

Sprinklr, Inc. (NYSE:CXM) insider Diane Adams sold 12,915 shares of Sprinklr stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $7.83, for a total value of $101,124.45. Following the completion of the sale, the insider now directly owns 376,942 shares in the company, valued at approximately $2,951,455.86. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Monday, September 16th, Diane Adams sold 4,282 shares of Sprinklr stock. The shares were sold at an average price of $7.83, for a total transaction of $33,528.06.
• On Monday, July 29th, Diane Adams sold 1,000 shares of Sprinklr stock. The shares were sold at an average price of $9.69, for a total transaction of $9,690.00.
• On Monday, July 15th, Diane Adams sold 13,717 shares of Sprinklr stock. The stock was sold at an average price of $9.20, for a total transaction of $126,196.40.

Sprinklr Price Performance

Shares of CXM opened at $7.91 on Friday. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 37.67, a PEG ratio of 2.23 and a beta of 0.78. Sprinklr, Inc. has a 1-year low of $7.23 and a 1-year high of $17.14. The company has a 50-day moving average of $8.85 and a 200 day moving average of $10.56.

Wall Street Analyst Weigh In

Several research analysts recently commented on CXM shares. Barclays dropped their price target on Sprinklr from $11.00 to $10.00 and set an “overweight” rating for the company in a research report on Thursday, September 5th. Rosenblatt Securities cut their target price on Sprinklr from $14.00 to $11.00 and set a “buy” rating on the stock in a research report on Tuesday, September 3rd. JMP Securities restated a “market outperform” rating and issued a $17.00 price target on shares of Sprinklr in a research report on Thursday, September 5th. DA Davidson cut their price objective on shares of Sprinklr from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Thursday, September 5th. Finally, KeyCorp lowered their target price on shares of Sprinklr from $16.00 to $12.00 and set an “overweight” rating for the company in a report on Thursday, September 5th. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $10.30.

Hedge Funds Weigh In On Sprinklr

A number of institutional investors have recently modified their holdings of CXM. Mather Group LLC. purchased a new position in shares of Sprinklr during the first quarter valued at $28,000. CWM LLC raised its holdings in shares of Sprinklr by 111.0% in the 2nd quarter. CWM LLC now owns 3,620 shares of the company’s stock valued at $35,000 after purchasing an additional 1,904 shares in the last quarter. Quest Partners LLC bought a new stake in shares of Sprinklr in the 4th quarter valued at about $115,000. CIBC Asset Management Inc lifted its position in shares of Sprinklr by 15.6% in the 2nd quarter. CIBC Asset Management Inc now owns 12,523 shares of the company’s stock worth $120,000 after purchasing an additional 1,694 shares during the period. Finally, Simplicity Wealth LLC bought a new position in shares of Sprinklr during the second quarter valued at approximately $148,000. 40.19% of the stock is owned by hedge funds and other institutional investors.

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.