JMP Securities began coverage on shares of Sprinklr (NYSE:CXM) in a research note issued to investors on Monday, Price Targets.com reports. The firm issued an outperform rating and a $27.00 target price on the stock.
Shares of NYSE CXM opened at $19.68 on Monday. Sprinklr has a 52 week low of $14.60 and a 52 week high of $26.50.
In related news, Director Neeraj Agrawal purchased 1,073,731 shares of the firm’s stock in a transaction on Friday, June 25th. The stock was bought at an average cost of $16.00 per share, with a total value of $17,179,696.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ragy Thomas purchased 31,250 shares of the firm’s stock in a transaction on Friday, June 25th. The stock was bought at an average cost of $16.00 per share, with a total value of $500,000.00. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 1,262,701 shares of company stock worth $20,203,216.
Sprinklr, Inc develops and provides a cloud-based unified customer experience management platform for enterprises worldwide. It enables organizations to do marketing, advertising, research, care, sales, and engagement across modern channels, including social, messaging, chat, and text through its unified customer experience management software platform.
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