In a filing, Sprinklr Inc revealed its 10% Owner TABORS R DAVID unloaded Company’s shares for reported $3.86 million on Apr 08 ’24. In the deal valued at $12.10 per share,319,405 shares were sold. As a result of this transaction, TABORS R DAVID now holds 0 shares worth roughly $0.0.
Then, Sarin Manish sold 66,388 shares, generating $858,397 in total proceeds. Upon selling the shares at $12.93, the CHIEF FINANCIAL OFFICER now owns 529,324 shares.
Before that, Sarin Manish sold 49,234 shares. Sprinklr Inc shares valued at $641,519 were divested by the CHIEF FINANCIAL OFFICER at a price of $13.03 per share. As a result of the transaction, Sarin Manish now holds 595,712 shares, worth roughly $6.76 million.
KeyBanc Capital Markets initiated its Sprinklr Inc [CXM] rating to an Overweight in a research note published on March 21, 2024; the price target was $19. A number of analysts have revised their coverage, including Rosenblatt’s analysts, who began to cover the stock in early February with a ‘”a Buy”‘ rating. BTIG Research also remained covering CXM and has decreased its forecast on December 07, 2023 with a “Neutral” recommendation from previously “Buy” rating. DA Davidson started covering the stock on July 25, 2023. It rated CXM as “a Buy”.
Price Performance Review of CXM
On Monday, Sprinklr Inc [NYSE:CXM] saw its stock fall -1.73% to $11.35. Over the last five days, the stock has lost -6.04%. Sprinklr Inc shares have fallen nearly -5.73% since the year began. Nevertheless, the stocks have fallen -12.96% over the past one year. While a 52-week high of $17.14 was reached on 03/28/24, a 52-week low of $10.93 was recorded on 04/15/24. SMA at 50 days reached $12.77, while 200 days put it at $13.52. A total of 1.93 million shares were traded, compared to the trading of 1.7 million shares in the previous session.
Levels Of Support And Resistance For CXM Stock
The 24-hour chart illustrates a support level at 11.15, which if violated will result in even more drops to 10.95. On the upside, there is a resistance level at 11.61. A further resistance level may holdings at 11.86. The Relative Strength Index (RSI) on the 14-day chart is 28.65, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.49%. Stochastics %K at 3.83% indicates the stock is a buying.
The most recent change occurred on January 24, 2023 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $12 price target.
