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Sprinklr Inc (CXM) Stock Could Soon Reward Patient Investors

Sprinklr Inc (NYSE: CXM) is -36.88% 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 $7.54 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $7.60, the stock is 4.42% and -0.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.0 million and changing 0.80% at the moment leaves the stock -26.55% off its SMA200. CXM registered -45.28% loss for a year compared to 6-month loss of -38.56%. The firm has a 50-day simple moving average (SMA 50) of $7.6696 and a 200-day simple moving average (SMA200) of $10.3704.

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The stock witnessed a 1.88% gain in the last 1 month and extending the period to 3 months gives it a -13.34%, and is 3.12% 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 2.88% over the week and 2.58% over the month.

Sprinklr Inc (CXM) has around 3869 employees, a market worth around $1.95B and $773.70M in sales. Current P/E ratio is 42.22 and Fwd P/E is 18.18. Profit margin for the company is 6.54%. Distance from 52-week low is 9.99% and -55.66% from its 52-week high. The company has generated returns on investments over the last 12 months (9.84%).

with sales reaching $196.45M over the same period.The EPS is expected to shrink by -13.19% this year, but quarterly earnings will post 7.40% year-over-year.

Sprinklr Inc (CXM) Top Institutional Holders

271.0 institutions hold shares in Sprinklr Inc (CXM), with institutional investors hold 102.40% of the company’s shares. The shares outstanding are 151.14M, and float is at 103.50M with Short Float at 7.66%. Institutions hold 97.59% 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 Thomas Ragy, the company’s Co-Chief Executive Officer. SEC filings show that Thomas Ragy sold 1,505 shares of the company’s common stock on Oct 29 ’24 at a price of $7.49 per share for a total of $11272.0. Following the sale, the insider now owns 1.05 million shares.

Sprinklr Inc disclosed in a document filed with the SEC on Oct 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 Oct 29 ’24 and was made at $7.51 per share for $7513.0. Following the transaction, the insider now directly holds 0.38 million shares of the CXM stock.

Still, SEC filings show that on Oct 29 ’24, DIANE K ADAMS (Officer) Proposed Sale 566 shares at an average price of $7.37 for $4171.0. The insider now directly holds shares of Sprinklr Inc (CXM).

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