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Sprinklr Inc (CXM) Stock Could Soon Reward Patient Investors

Sprinklr Inc (NYSE: CXM) is 5.44% higher on its value in year-to-date trading and has touched a low of $6.91 and a high of $14.31 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 $8.88 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $8.91, the stock is 2.53% and 2.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 0.34% at the moment leaves the stock -2.13% off its SMA200. CXM registered -30.55% loss for a year compared to 6-month loss of -9.36%. The firm has a 50-day simple moving average (SMA 50) of $8.6664 and a 200-day simple moving average (SMA200) of $9.1041.

The stock witnessed a 4.82% gain in the last 1 month and extending the period to 3 months gives it a 18.17%, and is 2.06% 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 5.45% over the week and 3.53% over the month.

Sprinklr Inc (CXM) has around 3869 employees, a market worth around $2.27B and $788.06M in sales. Current P/E ratio is 56.61 and Fwd P/E is 23.86. Profit margin for the company is 5.59%. Distance from 52-week low is 28.94% and -37.76% from its 52-week high. The company has generated returns on investments over the last 12 months (8.15%).

with sales reaching $200.56M over the same period.The EPS is expected to shrink by -15.71% this year, but quarterly earnings will post 8.46% year-over-year. Quarterly sales are estimated to grow 3.27% in year-over-year returns.

Sprinklr Inc (CXM) Top Institutional Holders

270.0 institutions hold shares in Sprinklr Inc (CXM), with institutional investors hold 100.77% of the company’s shares. The shares outstanding are 137.91M, and float is at 102.26M with Short Float at 10.78%. Institutions hold 94.05% 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 Director. SEC filings show that Thomas Ragy sold 1,279 shares of the company’s common stock on Jan 29 ’25 at a price of $9.17 per share for a total of $11728.0. Following the sale, the insider now owns 1.03 million shares.

Still, SEC filings show that on Jan 29 ’25, RAGY THOMAS (Officer) Proposed Sale 1,279 shares at an average price of $9.17 for $11730.0. The insider now directly holds shares of Sprinklr Inc (CXM).

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