Sprinklr, Inc. (NYSE:CXM - Get Free Report) General Counsel Jacob Scott sold 62,422 shares of the firm's stock in a transaction on Friday, June 20th. The shares were sold at an average price of $7.99, for a total transaction of $498,751.78. Following the completion of the transaction, the general counsel now owns 441,664 shares in the company, valued at $3,528,895.36. The trade was a 12.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Jacob Scott also recently made the following trade(s):
- On Monday, June 16th, Jacob Scott sold 6,458 shares of Sprinklr stock. The shares were sold at an average price of $8.17, for a total transaction of $52,761.86.
Sprinklr Price Performance
Shares of Sprinklr stock traded up $0.17 during trading on Thursday, hitting $8.39. 3,389,905 shares of the company's stock traded hands, compared to its average volume of 1,972,550. The firm's fifty day moving average price is $8.10 and its 200 day moving average price is $8.43. Sprinklr, Inc. has a twelve month low of $6.75 and a twelve month high of $10.27. The company has a market cap of $2.17 billion, a PE ratio of 20.45, a PEG ratio of 1.81 and a beta of 0.81.
Sprinklr (NYSE:CXM - Get Free Report) last issued its earnings results on Wednesday, June 4th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. Sprinklr had a net margin of 13.57% and a return on equity of 6.86%. The business had revenue of $205.50 million for the quarter, compared to analyst estimates of $201.83 million. During the same period in the previous year, the business earned $0.09 EPS. The firm's revenue was up 4.9% on a year-over-year basis. As a group, equities research analysts anticipate that Sprinklr, Inc. will post 0.1 earnings per share for the current year.
Hedge Funds Weigh In On Sprinklr
Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Sprinklr by 8.5% during the 1st quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company's stock valued at $121,065,000 after purchasing an additional 1,138,542 shares during the last quarter. Jefferies Financial Group Inc. lifted its holdings in Sprinklr by 96.4% during the 4th quarter. Jefferies Financial Group Inc. now owns 5,807,400 shares of the company's stock valued at $49,073,000 after purchasing an additional 2,851,106 shares during the last quarter. Deutsche Bank AG lifted its holdings in Sprinklr by 2.7% during the 4th quarter. Deutsche Bank AG now owns 2,792,583 shares of the company's stock valued at $23,597,000 after purchasing an additional 73,405 shares during the last quarter. Norges Bank bought a new position in Sprinklr during the 4th quarter valued at about $16,477,000. Finally, Letko Brosseau & Associates Inc. lifted its holdings in Sprinklr by 1.0% during the 1st quarter. Letko Brosseau & Associates Inc. now owns 1,748,875 shares of the company's stock valued at $14,603,000 after purchasing an additional 17,275 shares during the last quarter. 40.19% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. Rosenblatt Securities restated a "buy" rating and issued a $12.00 price target on shares of Sprinklr in a research report on Thursday, June 5th. DA Davidson raised their price target on shares of Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, June 5th. Morgan Stanley raised their price target on shares of Sprinklr from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research report on Thursday, June 5th. Scotiabank raised their price target on shares of Sprinklr from $8.50 to $9.00 and gave the stock a "sector perform" rating in a research report on Thursday, March 13th. Finally, Wells Fargo & Company raised their price target on shares of Sprinklr from $6.00 to $7.00 and gave the stock an "underweight" rating in a research report on Thursday, June 5th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $10.25.
Read Our Latest Stock Report on CXM
Sprinklr Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Sprinklr, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sprinklr wasn't on the list.
While Sprinklr currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
