Insider Sell: CFO Manish Sarin Sells 60,651 Shares of Sprinklr Inc (CXM)

According to a recent SEC filing, Manish Sarin, the CFO of Sprinklr Inc (NYSE:CXM), sold 60,651 shares of the company on January 11, 2024. The transaction was executed at an average price of $12.01 per share, resulting in a total value of $728,616.51.

Sprinklr Inc is a software company that provides a customer experience management platform. The company's services are designed to enable organizations to engage with their customers across social, digital, and traditional channels. The platform encompasses various capabilities including social media marketing, advertising, research, care, and engagement.

Over the past year, the insider has sold a total of 236,313 shares of Sprinklr Inc and has not made any purchases of the stock. The recent sale by the CFO is part of a series of insider transactions at the company. In the past year, there have been 75 insider sells and no insider buys at Sprinklr Inc.

On the day of the insider's recent sale, shares of Sprinklr Inc were trading at $12.01, giving the company a market capitalization of $3.379 billion. The price-earnings ratio of the stock stands at 115.33, which is above the industry median of 26.82 but below the company’s historical median price-earnings ratio.

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The insider transaction history and the current valuation metrics may be of interest to investors monitoring insider behaviors and the company's stock performance. The market capitalization and price-earnings ratio provide a snapshot of the company's current market valuation in relation to its earnings.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.