Sprinklr Inc (NYSE: CXM) is -1.66% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CXM stock was last observed hovering at around $12.15 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $11.84, the stock is -7.68% and -7.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.94 million and changing -2.55% at the moment leaves the stock -12.66% off its SMA200. CXM registered -8.71% loss for a year compared to 6-month loss of -17.14%. The firm has a 50-day simple moving average (SMA 50) of $3.56 and a 200-day simple moving average (SMA200) of $52.73.
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The stock witnessed a -12.30% gain in the last 1 month and extending the period to 3 months gives it a -3.50%, and is -3.27% 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 1.86% over the week and 3.19% over the month.
Sprinklr Inc (CXM) has around 3869 employees, a market worth around $3.24B and $732.36M in sales. Current P/E ratio is 64.77 and Fwd P/E is 24.69. Profit margin for the company is 7.02%. Distance from 52-week low is 8.33% and -30.92% 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 $194.37M over the same period.The EPS is expected to grow by 0.52% this year, but quarterly earnings will post 9.90% year-over-year. Quarterly sales are estimated to grow 15.10% in year-over-year returns.
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 117.00M with Short Float at 6.05%. 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 TABORS R DAVID, the company’s 10% Owner. SEC filings show that TABORS R DAVID sold 319,405 shares of the company’s common stock on Apr 08 ’24 at a price of $12.10 per share for a total of $3.86 million. Following the sale, the insider now owns 0.0 shares.
Sprinklr Inc disclosed in a document filed with the SEC on Mar 19 ’24 that Sarin Manish (CHIEF FINANCIAL OFFICER) sold a total of 66,388 shares of the company’s common stock. The trade occurred on Mar 19 ’24 and was made at $12.93 per share for $0.86 million. Following the transaction, the insider now directly holds 0.53 million shares of the CXM stock.
Still, SEC filings show that on Mar 18 ’24, Sarin Manish (CHIEF FINANCIAL OFFICER) disposed off 49,234 shares at an average price of $13.03 for $0.64 million. The insider now directly holds 595,712 shares of Sprinklr Inc (CXM).
