Have Sprinklr Insiders Been Selling Stock?

Some Sprinklr, Inc. (NYSE:CXM) shareholders may be a little concerned to see that the President, Rory Read, recently sold a substantial US$810k worth of stock at a price of US$5.55 per share. That's a big disposal, and it decreased their holding size by 17%, which is notable but not too bad.

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Sprinklr Insider Transactions Over The Last Year

Notably, that recent sale by President Rory Read was not the only time they sold Sprinklr shares this year. They previously made an even bigger sale of -US$1.9m worth of shares at a price of US$7.48 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$5.33. So it may not tell us anything about how insiders feel about the current share price.

Sprinklr insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Check out our latest analysis for Sprinklr

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Does Sprinklr Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Sprinklr insiders own about US$286m worth of shares (which is 22% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Sprinklr Tell Us?

Insiders haven't bought Sprinklr stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Sprinklr. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Sprinklr.

Of course Sprinklr may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.