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

Sprinklr, Inc. (NYSE:CXM) CMO Arun Pattabhiraman sold 52,401 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $11.66, for a total transaction of $610,995.66. Following the completion of the sale, the chief marketing officer now 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 accessible 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 shares were sold at an average price of $13.03, for a total value of $363,002.77.

Sprinklr Price Performance

NYSE:CXM opened at $11.36 on Thursday. Sprinklr, Inc. has a one year low of $10.93 and a one year high of $17.14. The business has a fifty day moving average price of $12.71 and a 200-day moving average price of $13.09. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of 63.11, a price-to-earnings-growth ratio of 2.18 and a beta of 0.87.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Oppenheimer restated a “market perform” rating on shares of Sprinklr in a report on Thursday, March 28th. TheStreet downgraded Sprinklr from a “c-” rating to a “d+” rating in a report on Thursday, December 28th. William Blair reiterated an “outperform” rating on shares of Sprinklr in a report on Thursday, March 28th. Rosenblatt Securities upped their target price on shares of Sprinklr from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday, March 28th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $16.00 price target on shares of Sprinklr in a report on Thursday, March 28th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Sprinklr currently has an average rating of “Moderate Buy” and an average target price of $16.90.

Institutional Trading of Sprinklr

Hedge funds have recently bought and sold shares of the stock. Cadian Capital Management LP lifted its position in shares of Sprinklr by 29.9% during the 4th quarter. Cadian Capital Management LP now owns 14,560,167 shares of the company’s stock valued at $175,304,000 after buying an additional 3,355,566 shares in the last quarter. Vanguard Group Inc. raised its stake in Sprinklr by 13.6% during the 3rd quarter. Vanguard Group Inc. now owns 11,677,600 shares of the company’s stock worth $161,618,000 after acquiring an additional 1,399,510 shares during the period. BlackRock Inc. lifted its holdings in Sprinklr by 302.9% during the second quarter. BlackRock Inc. now owns 6,344,527 shares of the company’s stock valued at $87,745,000 after purchasing an additional 4,769,625 shares in the last quarter. TFG Asset Management GP Ltd boosted its position in shares of Sprinklr by 15.8% in the fourth quarter. TFG Asset Management GP Ltd now owns 2,200,000 shares of the company’s stock worth $26,488,000 after purchasing an additional 300,000 shares during the period. Finally, Point72 Asset Management L.P. increased its stake in shares of Sprinklr by 16,066.1% in the fourth quarter. Point72 Asset Management L.P. now owns 1,907,600 shares of the company’s stock worth $22,968,000 after purchasing an additional 1,895,800 shares in the last quarter. Institutional investors own 40.19% of the company’s stock.

About Sprinklr

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.