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Is Sprinklr Inc (CXM) a good stock to buy now?

Sprinklr Inc (NYSE: CXM) is -24.00% lower on its value in year-to-date trading and has touched a low of $8.33 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 $8.95 in the last trading session, with the day’s gains setting it 0.2%.

Currently trading at $9.15, the stock is -0.90% and -0.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing 2.23% at the moment leaves the stock -22.97% off its SMA200. CXM registered -33.16% loss for a year compared to 6-month loss of -27.95%.

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The stock witnessed a -2.45% gain in the last 1 month and extending the period to 3 months gives it a -26.86%, and is 3.51% up 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 2.23% over the week and 2.90% over the month.

Sprinklr Inc (CXM) has around 3869 employees, a market worth around $2.43B and $754.96M in sales. Current P/E ratio is 43.53 and Fwd P/E is 19.35. Profit margin for the company is 7.85%. Distance from 52-week low is 9.84% and -46.62% from its 52-week high. The company has generated returns on investments over the last 12 months (9.03%).

The EPS is expected to grow by 7.01% this year.

Sprinklr Inc (CXM) Top Institutional Holders

279.0 institutions hold shares in Sprinklr Inc (CXM), with institutional investors hold 95.17% of the company’s shares. The shares outstanding are 151.14M, and float is at 114.85M with Short Float at 7.32%. Institutions hold 91.03% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 16.24 million shares valued at $$199.31 million. The investor’s holdings represent 5.9271 of the CXM Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 15.25 million shares valued at $$187.1 million to account for 5.5641 of the shares outstanding. The other top investors are CADIAN CAPITAL MANAGEMENT, LP which holds 12.78 million shares representing 4.6644 and valued at over $$156.85 million, while H&F CORPORATE INVESTORS IX, LTD. holds 3.9632 of the shares totaling 10.86 million with a market value of $$133.27 million.

Sprinklr Inc (CXM) Insider Activity

The most recent transaction is an insider sale by Thomas Ragy,the company’sCHIEF EXECUTIVE OFFICER. SEC filings show that Thomas Ragy sold 1,245 shares of the company’s common stock on Jul 29 ’24 at a price of $9.73 per share for a total of $12114.0. Following the sale, the insider now owns 1.06 million shares.

Sprinklr Inc disclosed in a document filed with the SEC on Jul 29 ’24 that Adams Diane (CHIEF CULTURE & TALENT OFFICER) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Jul 29 ’24 and was made at $9.69 per share for $9688.0. Following the transaction, the insider now directly holds 0.4 million shares of the CXM stock.

Still, SEC filings show that on Jul 29 ’24, RAGY THOMAS (Officer) Proposed Sale 1,245 shares at an average price of $9.73 for $12108.0. The insider now directly holds shares of Sprinklr Inc (CXM).

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