Sprinklr insider sells shares amid broader disposal trend

Sprinklr Inc (NYSE: CXM) witnessed a notable insider transaction recently, as Diane Adams, a key executive, sold 38,428 shares on November 17. This sale is part of a larger pattern where Adams has sold a total of 461,158 shares over the past year. The company, known for its Customer Experience Management solutions powered by artificial intelligence, has seen a total of 67 insider sales transactions, which might indicate a cautious stance toward the stock’s value or reflect personal financial planning.

On the day Adams sold her shares, Sprinklr’s stock was priced at $15.02 per share. The company boasts a market capitalization of $4.081 billion and maintains a high price-earnings ratio of 558.89, which stands out against an industry median of 26.82. Sprinklr’s platform is designed to enhance customer satisfaction and foster an environment that encourages employee engagement and innovation.

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