Arun Pattabhiraman Sells 52,401 Shares of Sprinklr, Inc. (NYSE:CXM) Stock

Sprinklr, Inc. (NYSE:CXM) CMO Arun Pattabhiraman sold 52,401 shares of the company’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $11.66, for a total value of $610,995.66. Following the transaction, the chief marketing officer now directly owns 491,862 shares in the company, valued at approximately $5,735,110.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Arun Pattabhiraman also recently made the following trade(s):

• On Monday, March 18th, Arun Pattabhiraman sold 27,859 shares of Sprinklr stock. The stock was sold at an average price of $13.03, for a total value of $363,002.77.

Sprinklr Trading Up 0.6 %

CXM traded up $0.07 during trading hours on Wednesday, hitting $11.41. The company’s stock had a trading volume of 929,099 shares, compared to its average volume of 2,758,808. Sprinklr, Inc. has a fifty-two week low of $10.93 and a fifty-two week high of $17.14. The firm has a market capitalization of $3.12 billion, a PE ratio of 63.00, a PEG ratio of 2.18 and a beta of 0.87. The company has a 50-day simple moving average of $12.74 and a 200 day simple moving average of $13.11.

Institutional Trading of Sprinklr

Several large investors have recently added to or reduced their stakes in the business. Formidable Asset Management LLC increased its position in Sprinklr by 5.3% in the 3rd quarter. Formidable Asset Management LLC now owns 17,935 shares of the company’s stock valued at $248,000 after acquiring an additional 900 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Sprinklr by 4.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 23,564 shares of the company’s stock valued at $326,000 after purchasing an additional 946 shares during the period. American International Group Inc. increased its position in shares of Sprinklr by 2.0% during the 4th quarter. American International Group Inc. now owns 52,522 shares of the company’s stock valued at $632,000 after purchasing an additional 1,037 shares during the period. UBS Group AG increased its position in shares of Sprinklr by 23.4% during the 1st quarter. UBS Group AG now owns 5,862 shares of the company’s stock valued at $69,000 after purchasing an additional 1,111 shares during the period. Finally, Legal & General Group Plc increased its position in shares of Sprinklr by 1.2% during the 4th quarter. Legal & General Group Plc now owns 95,214 shares of the company’s stock valued at $1,146,000 after purchasing an additional 1,130 shares during the period. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on the company. William Blair reiterated an “outperform” rating on shares of Sprinklr in a research report on Thursday, March 28th. Rosenblatt Securities boosted their target price on Sprinklr from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, March 28th. Cantor Fitzgerald reiterated an “overweight” rating and set a $16.00 target price on shares of Sprinklr in a research report on Thursday, March 28th. Oppenheimer reiterated a “market perform” rating on shares of Sprinklr in a research note on Thursday, March 28th. Finally, Wells Fargo & Company raised their price target on Sprinklr from $12.00 to $14.00 and gave the stock an “equal weight” rating in a report on Thursday, March 28th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $16.90.

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.