In a filing, Sprinklr Inc revealed its CHIEF MARKETING OFFICER Pattabhiraman Arun unloaded Company’s shares for reported $0.61 million on Apr 12 ’24. In the deal valued at $11.66 per share,52,401 shares were sold. As a result of this transaction, Pattabhiraman Arun now holds 491,862 shares worth roughly $5.64 million.
Then, TABORS R DAVID sold 319,405 shares, generating $3,864,800 in total proceeds. Upon selling the shares at $12.10, the 10% Owner now owns 0 shares.
Before that, Sarin Manish sold 66,388 shares. Sprinklr Inc shares valued at $858,397 were divested by the CHIEF FINANCIAL OFFICER at a price of $12.93 per share. As a result of the transaction, Sarin Manish now holds 529,324 shares, worth roughly $6.07 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 jump 1.06% to $11.46. Over the last five days, the stock has gained 0.97%. Sprinklr Inc shares have fallen nearly -4.82% since the year began. Nevertheless, the stocks have fallen -10.96% 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 04/16/24. SMA at 50 days reached $12.64, while 200 days put it at $13.46. A total of 1.34 million shares were traded, compared to the trading of 1.78 million shares in the previous session.
Levels Of Support And Resistance For CXM Stock
The 24-hour chart illustrates a support level at 11.33, which if violated will result in even more drops to 11.20. On the upside, there is a resistance level at 11.56. A further resistance level may holdings at 11.65. The Relative Strength Index (RSI) on the 14-day chart is 33.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.42%. Stochastics %K at 16.50% 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.
