Splunk Inc (NASDAQ:SPLK) insider Ledger Susan St. sold 4,668 shares of Splunk stock in a transaction on Tuesday, January 8th. The shares were sold at an average price of $113.75, for a total transaction of $530,985.00. Following the completion of the sale, the insider now owns 221,642 shares in the company, valued at approximately $25,211,777.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of SPLK stock opened at $117.17 on Friday. Splunk Inc has a 12 month low of $82.63 and a 12 month high of $130.00. The firm has a market cap of $17.13 billion, a PE ratio of -89.44 and a beta of 1.94. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 1.14.

Splunk (NASDAQ:SPLK) last posted its quarterly earnings results on Thursday, November 29th. The software company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.23) by $0.61. The firm had revenue of $480.98 million during the quarter, compared to analyst estimates of $433.60 million. Splunk had a negative return on equity of 20.60% and a negative net margin of 18.92%. Splunk’s quarterly revenue was up 40.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 EPS. As a group, analysts expect that Splunk Inc will post -1.07 earnings per share for the current year.

SPLK has been the topic of several recent analyst reports. BidaskClub cut shares of Splunk from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 20th. ValuEngine cut shares of Splunk from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 27th. Zacks Investment Research upgraded shares of Splunk from a “hold” rating to a “buy” rating and set a $126.00 price target on the stock in a report on Thursday, October 4th. Rosenblatt Securities reiterated a “buy” rating on shares of Splunk in a report on Sunday, October 7th. Finally, Bank of America reiterated a “buy” rating and issued a $143.00 price target (up previously from $140.00) on shares of Splunk in a report on Friday, November 30th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, twenty-nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Splunk currently has an average rating of “Buy” and an average target price of $127.59.

Several institutional investors and hedge funds have recently bought and sold shares of SPLK. Private Advisor Group LLC purchased a new position in shares of Splunk in the 2nd quarter worth about $261,000. Janus Henderson Group PLC raised its position in shares of Splunk by 44.1% in the 2nd quarter. Janus Henderson Group PLC now owns 51,963 shares of the software company’s stock worth $5,150,000 after purchasing an additional 15,900 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Splunk by 2.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 138,660 shares of the software company’s stock worth $13,741,000 after purchasing an additional 2,793 shares during the last quarter. FMR LLC raised its position in shares of Splunk by 3.6% in the 2nd quarter. FMR LLC now owns 1,592,052 shares of the software company’s stock worth $157,789,000 after purchasing an additional 54,789 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of Splunk by 19.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 8,090 shares of the software company’s stock worth $802,000 after purchasing an additional 1,330 shares during the last quarter. 89.65% of the stock is owned by hedge funds and other institutional investors.

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Splunk Company Profile

Splunk, Inc engages in the development and provision of software solutions. Its software solutions include cloud services, enterprise security, application delivery, big data, business analytics, and information technology operations and log management. The company was founded by Erik M. Swan, Michael J.

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Insider Buying and Selling by Quarter for Splunk (NASDAQ:SPLK)

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