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Potential Price Increase for Sprinklr Inc (CXM) After Recent Insider Activity

Sprinklr Inc’s filing revealed that its Director Agrawal Neeraj unloaded Company’s shares for reported $0.24 million on Mar 14 ’25. In the deal valued at $9.28 per share,26,053 shares were sold. As a result of this transaction, Agrawal Neeraj now holds 968,306 shares worth roughly $8.52 million.

Then, Thomas Ragy sold 81,998 shares, generating $724,862 in total proceeds. Upon selling the shares at $8.84, the Director now owns 950,534 shares.

Before that, Scott Jacob sold 16,654 shares. Sprinklr Inc shares valued at $147,221 were divested by the GENERAL COUNSEL AND CORP. SEC. at a price of $8.84 per share. As a result of the transaction, Scott Jacob now holds 507,082 shares, worth roughly $4.46 million.

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 1.85% to $8.80. Over the last five days, the stock has gained 8.91%. Sprinklr Inc shares have risen nearly 4.14% since the year began. Nevertheless, the stocks have fallen -34.96% over the past one year. While a 52-week high of $14.31 was reached on 03/12/25, a 52-week low of $6.91 was recorded on 03/11/25. SMA at 50 days reached $8.76, while 200 days put it at $8.60.

Levels Of Support And Resistance For CXM Stock

The 24-hour chart illustrates a support level at 8.56, which if violated will result in even more drops to 8.33. On the upside, there is a resistance level at 8.94. A further resistance level may holdings at 9.08. The Relative Strength Index (RSI) on the 14-day chart is 51.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.43%. Stochastics %K at 52.99% 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 2025-02-28, growing by 0.33 million shares to a total of 10.2 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 9.88 million shares. There was a rise of 3.2%, which implies that there is a positive sentiment for the stock.

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