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Taking a Closer Look At Sprinklr Inc (CXM) Following Its Recent Trade

Sprinklr Inc’s recently made public that its Director Thomas Ragy unloaded Company’s shares for reported $11728.0 on Jan 29 ’25. In the deal valued at $9.17 per share,1,279 shares were sold. As a result of this transaction, Thomas Ragy now holds 1,032,532 shares worth roughly $9.38 million.

Then, DIANE K ADAMS bought 344 shares, generating $3,155 in total proceeds.

Before that, RAGY THOMAS bought 1,279 shares. Sprinklr Inc shares valued at $11,730 were divested by the Officer at a price of $9.17 per share.

William Blair downgraded its Sprinklr Inc [CXM] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid December from “an Overweight” to “a Neutral”. Scotiabank began covering CXM with “Sector perform” recommendation on November 19, 2024. Wells Fargo revised its rating on November 12, 2024. It rated CXM as “an Underweight” which previously was an “an Equal weight”.

Price Performance Review of CXM

On Tuesday, Sprinklr Inc [NYSE:CXM] saw its stock jump 1.23% to $9.08. Over the last five days, the stock has gained 1.91%. Sprinklr Inc shares have risen nearly 7.46% since the year began. Nevertheless, the stocks have fallen -29.34% over the past one year. While a 52-week high of $14.31 was reached on 01/28/25, a 52-week low of $6.91 was recorded on 01/13/25. SMA at 50 days reached $8.79, while 200 days put it at $9.01.

Levels Of Support And Resistance For CXM Stock

The 24-hour chart illustrates a support level at 8.93, which if violated will result in even more drops to 8.78. On the upside, there is a resistance level at 9.16. A further resistance level may holdings at 9.24. The Relative Strength Index (RSI) on the 14-day chart is 57.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.13%. Stochastics %K at 44.44% indicates the stock is a holding.

How much short interest is there in Sprinklr Inc?

A steep rise in short interest was recorded in Sprinklr Inc stocks on 2024-11-15, growing by 3.82 million shares to a total of 11.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 7.93 million shares. There was a rise of 32.51%, which implies that there is a positive sentiment for the stock.

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