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Check out this: Sprinklr Inc (CXM) could be on the verge of a big rally

Sprinklr Inc (NYSE: CXM) is 1.41% higher on its value in year-to-date trading and has touched a low of $10.93 and a high of $17.14 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CXM stock was last observed hovering at around $12.18 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $12.21, the stock is -7.45% and -5.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.25 million and changing 0.25% at the moment leaves the stock -10.38% off its SMA200. CXM registered -4.53% loss for a year compared to 6-month loss of -11.78%. The firm has a 50-day simple moving average (SMA 50) of $3.70 and a 200-day simple moving average (SMA200) of $54.78.

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The stock witnessed a -9.02% gain in the last 1 month and extending the period to 3 months gives it a 1.41%, and is -7.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.35% over the week and 3.50% over the month.

Sprinklr Inc (CXM) has around 3869 employees, a market worth around $3.34B and $732.36M in sales. Current P/E ratio is 66.79 and Fwd P/E is 25.10. Profit margin for the company is 7.02%. Distance from 52-week low is 11.71% and -28.76% from its 52-week high. The company has generated returns on investments over the last 12 months (7.27%).

Sprinklr Inc quarterly earnings per share for the current quarter are estimated at $0.07 with sales reaching $194.23M over the same period.The EPS is expected to grow by 0.74% this year, but quarterly earnings will post 9.90% year-over-year. Quarterly sales are estimated to grow 15.00% in year-over-year returns.

Sprinklr Inc (CXM) Top Institutional Holders

275 institutions hold shares in Sprinklr Inc (CXM), with institutional investors hold 89.27% of the company’s shares. The shares outstanding are 151.14M, and float is at 118.39M with Short Float at 8.68%. Institutions hold 86.59% of the Float.

The top institutional shareholder in the company is Battery Management Corp. with over 13.54 million shares valued at $187.27 million. The investor’s holdings represent 9.90% of the CXM Shares outstanding. As of Jun 29, 2023, the second largest holder is H&F Corporate Investors IX, Ltd. with 10.86 million shares valued at $150.21 million to account for 7.94% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 10.28 million shares representing 7.52% and valued at over $142.15 million, while Cadian Capital Management, LP holds 7.14% of the shares totaling 9.77 million with a market value of $135.11 million.

Sprinklr Inc (CXM) Insider Activity

The most recent transaction is an insider sale by Sarin Manish,the company’sCHIEF FINANCIAL OFFICER. SEC filings show that Sarin Manish sold 66,388 shares of the company’s common stock on Mar 19 ’24 at a price of $12.93 per share for a total of $0.86 million. Following the sale, the insider now owns 0.53 million shares.

Sprinklr Inc disclosed in a document filed with the SEC on Mar 18 ’24 that Sarin Manish (CHIEF FINANCIAL OFFICER) sold a total of 49,234 shares of the company’s common stock. The trade occurred on Mar 18 ’24 and was made at $13.03 per share for $0.64 million. Following the transaction, the insider now directly holds 0.6 million shares of the CXM stock.

Still, SEC filings show that on Mar 18 ’24, Pattabhiraman Arun (CHIEF MARKETING OFFICER) disposed off 27,859 shares at an average price of $13.03 for $0.36 million. The insider now directly holds 382,101 shares of Sprinklr Inc (CXM).

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