The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sprinklr Inc shares valued at $11,728 were sold by Thomas Ragy on Jan 29 ’25. At $9.17 per share, Thomas Ragy sold 1,279 shares. The insider’s holdings dropped to 1,032,532 shares worth approximately $9.51 million following the completion of this transaction.
Also, DIANE K ADAMS purchased 344 shares, netting a total of over 3,155 in proceeds.
Before that, RAGY THOMAS had added 1,279 shares to its account. In a trade valued at $11,730, the Officer bought Sprinklr Inc shares for $9.17 each.
As published in a research note from William Blair on February 07, 2025, Sprinklr Inc [CXM] has been rated down from an Outperform to a Mkt perform. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of November 19, 2024, Scotiabank has initiated its “Sector perform” rating for CXM. Earlier on November 12, 2024, Wells Fargo downgraded its rating. Their new recommendation was “an Underweight” for CXM stock which previously was a “an Equal weight”.
Analyzing CXM Stock Performance
During the last five days, there has been a surge of approximately 1.43%. Over the course of the year, Sprinklr Inc shares have jumped approximately 8.99%. Shares of the company reached a 52-week high of $9.48 on 01/28/25 and a 52-week low of $8.14 on 01/13/25. A 50-day SMA is recorded $8.87, while a 200-day SMA reached $8.94. Nevertheless, trading volume fell to 1.97 million shares from 1.92 million shares the previous day.
Support And Resistance Levels for Sprinklr Inc (CXM)
According to the 24-hour chart, there is a support level at 9.08, which, if violated, would cause prices to drop to 8.94. In the upper region, resistance lies at 9.35. The next price resistance is at 9.48. RSI (Relative Strength Index) is 57.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.17, which suggests the price will decrease in the coming days. Percent R is at 16.48%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
