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Positives for Sprinklr Inc (CXM) as stock gains in recent trading

Sprinklr Inc (NYSE: CXM) is -40.12% lower on its value in year-to-date trading and has touched a low of $6.91 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 $7.23 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $7.21, the stock is -3.25% and -11.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing -0.28% at the moment leaves the stock -32.63% off its SMA200. CXM registered -48.09% loss for a year compared to 6-month loss of -36.48%. The firm has a 50-day simple moving average (SMA 50) of $8.1204 and a 200-day simple moving average (SMA200) of $10.70135.

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The stock witnessed a -9.19% gain in the last 1 month and extending the period to 3 months gives it a -24.11%, and is 2.71% 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 2.73% over the week and 2.90% over the month.

Sprinklr Inc (CXM) has around 3869 employees, a market worth around $1.83B and $773.70M in sales. Current P/E ratio is 40.06 and Fwd P/E is 17.26. Profit margin for the company is 6.54%. Distance from 52-week low is 4.34% and -57.93% from its 52-week high. The company has generated returns on investments over the last 12 months (9.84%).

with sales reaching $196.49M over the same period.The EPS is expected to shrink by -13.30% this year, but quarterly earnings will post 7.40% year-over-year.

Sprinklr Inc (CXM) Top Institutional Holders

277.0 institutions hold shares in Sprinklr Inc (CXM), with institutional investors hold 102.67% of the company’s shares. The shares outstanding are 151.14M, and float is at 103.50M with Short Float at 8.24%. Institutions hold 97.81% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 18.91 million shares valued at $181.91 million. The investor’s holdings represent 6.9606% of the CXM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 15.2 million shares valued at $146.18 million to account for 5.5936 of the shares outstanding. The other top investors are BATTERY MANAGEMENT CORP. which holds 11.72 million shares representing 4.315% and valued at over $112.77 million, while H&F CORPORATE INVESTORS IX, LTD. holds 3.9981 of the shares totaling 10.86 million with a market value of $104.49 million.

Sprinklr Inc (CXM) Insider Activity

The most recent transaction is an insider sale by Adams Diane, the company’s CHIEF CULTURE & TALENT OFFICER. SEC filings show that Adams Diane sold 12,915 shares of the company’s common stock on Sep 18 ’24 at a price of $7.83 per share for a total of $0.1 million. Following the sale, the insider now owns 0.38 million shares.

Sprinklr Inc disclosed in a document filed with the SEC on Sep 16 ’24 that Scott Jacob (GENERAL COUNSEL AND CORP. SEC.) sold a total of 2,963 shares of the company’s common stock. The trade occurred on Sep 16 ’24 and was made at $7.83 per share for $23200.0. Following the transaction, the insider now directly holds 0.36 million shares of the CXM stock.

Still, SEC filings show that on Sep 17 ’24, Scott Jacob (GENERAL COUNSEL AND CORP. SEC.) disposed off 749 shares at an average price of $7.84 for $5872.0. The insider now directly holds 354,441 shares of Sprinklr Inc (CXM).

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