Diane Adams Sells 4,282 Shares of Sprinklr, Inc. (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) insider Diane Adams sold 4,282 shares of Sprinklr stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $7.83, for a total value of $33,528.06. Following the sale, the insider now directly owns 390,940 shares of the company’s stock, valued at approximately $3,061,060.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Wednesday, September 18th, Diane Adams sold 12,915 shares of Sprinklr stock. The shares were sold at an average price of $7.83, for a total value of $101,124.45.
• On Monday, July 29th, Diane Adams sold 1,000 shares of Sprinklr stock. The stock was sold at an average price of $9.69, for a total value 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

NYSE:CXM opened at $7.91 on Friday. Sprinklr, Inc. has a 1-year low of $7.23 and a 1-year high of $17.14. The company has a market capitalization of $2.10 billion, a PE ratio of 37.67, a P/E/G ratio of 2.23 and a beta of 0.78. The firm’s 50-day moving average price is $8.85 and its 200-day moving average price is $10.56.

Wall Street Analyst Weigh In

CXM has been the topic of several recent research reports. Barclays reduced their target price on shares of Sprinklr from $11.00 to $10.00 and set an “overweight” rating on the stock in a report on Thursday, September 5th. Cantor Fitzgerald reduced their price objective on Sprinklr from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, September 5th. Stifel Nicolaus lowered their target price on Sprinklr from $15.00 to $9.00 and set a “hold” rating for the company in a research note on Thursday, June 6th. KeyCorp reduced their price target on Sprinklr from $16.00 to $12.00 and set an “overweight” rating on the stock in a research report on Thursday, September 5th. Finally, DA Davidson decreased their price target on Sprinklr from $9.00 to $8.00 and set a “neutral” rating on the stock in a research note on Thursday, September 5th. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Sprinklr presently has a consensus rating of “Hold” and a consensus price target of $10.30.

Institutional Trading of Sprinklr

A number of large investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company lifted its position in Sprinklr by 1.7% during the second quarter. The Manufacturers Life Insurance Company now owns 65,159 shares of the company’s stock valued at $627,000 after purchasing an additional 1,117 shares during the period. CIBC Asset Management Inc raised its stake in Sprinklr by 15.6% during the 2nd quarter. CIBC Asset Management Inc now owns 12,523 shares of the company’s stock valued at $120,000 after buying an additional 1,694 shares during the last quarter. Louisiana State Employees Retirement System lifted its holdings in shares of Sprinklr by 2.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 60,300 shares of the company’s stock valued at $580,000 after buying an additional 1,700 shares during the period. Jump Financial LLC boosted its stake in shares of Sprinklr by 5.0% in the 4th quarter. Jump Financial LLC now owns 39,670 shares of the company’s stock worth $478,000 after buying an additional 1,875 shares during the last quarter. Finally, CWM LLC grew its holdings in shares of Sprinklr by 111.0% in the second quarter. CWM LLC now owns 3,620 shares of the company’s stock worth $35,000 after acquiring an additional 1,904 shares during the period. 40.19% of the stock is currently owned by 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.