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 $5.92 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 $6.37 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 0.84% to $12.03. Over the last five days, the stock has gained 4.97%. Sprinklr Inc shares have fallen nearly -0.08% since the year began. Nevertheless, the stocks have fallen -0.74% 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 $12.55, while 200 days put it at $13.40. A total of 1.02 million shares were traded, compared to the trading of 1.45 million shares in the previous session.
Levels Of Support And Resistance For CXM Stock
The 24-hour chart illustrates a support level at 11.99, which if violated will result in even more drops to 11.95. On the upside, there is a resistance level at 12.08. A further resistance level may holdings at 12.13. The Relative Strength Index (RSI) on the 14-day chart is 49.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.82%. Stochastics %K at 74.54% indicates the stock is a holding.
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.
