Splunk Inc (NASDAQ:SPLK) Director Godfrey Sullivan sold 8,750 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $81.29, for a total value of $711,287.50. Following the completion of the transaction, the director now owns 207,239 shares of the company’s stock, valued at approximately $16,846,458.31. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Godfrey Sullivan also recently made the following trade(s):

  • On Monday, November 13th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The stock was sold at an average price of $68.62, for a total value of $2,744,800.00.
  • On Wednesday, November 15th, Godfrey Sullivan sold 120,000 shares of Splunk stock. The stock was sold at an average price of $68.22, for a total value of $8,186,400.00.
  • On Thursday, October 12th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The stock was sold at an average price of $63.48, for a total value of $2,539,200.00.
  • On Monday, October 9th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The stock was sold at an average price of $65.82, for a total value of $2,632,800.00.
  • On Tuesday, October 10th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The stock was sold at an average price of $64.40, for a total value of $2,576,000.00.
  • On Wednesday, October 11th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The stock was sold at an average price of $63.53, for a total value of $2,541,200.00.
  • On Wednesday, September 13th, Godfrey Sullivan sold 128,750 shares of Splunk stock. The stock was sold at an average price of $67.84, for a total value of $8,734,400.00.

Shares of Splunk Inc (SPLK) opened at $81.19 on Friday. Splunk Inc has a 12-month low of $50.64 and a 12-month high of $84.88.

Splunk (NASDAQ:SPLK) last posted its earnings results on Thursday, November 16th. The software company reported $0.17 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.42) by $0.59. Splunk had a negative return on equity of 72.06% and a negative net margin of 32.72%. The firm had revenue of $328.65 million for the quarter, compared to analysts’ expectations of $309.01 million. sell-side analysts expect that Splunk Inc will post -1.3 EPS for the current year.

Large investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA boosted its holdings in Splunk by 99.8% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 27,726 shares of the software company’s stock worth $1,577,000 after buying an additional 13,849 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in Splunk by 7.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 15,167 shares of the software company’s stock worth $863,000 after buying an additional 1,032 shares during the last quarter. Swiss National Bank boosted its holdings in Splunk by 3.8% in the 2nd quarter. Swiss National Bank now owns 494,700 shares of the software company’s stock worth $28,143,000 after buying an additional 17,900 shares during the last quarter. Royal Bank of Canada boosted its holdings in Splunk by 13.5% in the 2nd quarter. Royal Bank of Canada now owns 52,243 shares of the software company’s stock worth $2,972,000 after buying an additional 6,212 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in Splunk by 1.2% in the 2nd quarter. Legal & General Group Plc now owns 547,738 shares of the software company’s stock worth $31,160,000 after buying an additional 6,713 shares during the last quarter.

A number of equities analysts recently issued reports on SPLK shares. Robert W. Baird restated an “average” rating and issued a $85.00 target price (up previously from $75.00) on shares of Splunk in a research note on Monday, November 20th. Jefferies Group reiterated a “buy” rating and set a $81.00 price objective on shares of Splunk in a research note on Thursday, August 24th. Canaccord Genuity reiterated a “buy” rating and set a $80.00 price objective (up previously from $75.00) on shares of Splunk in a research note on Tuesday, August 22nd. Drexel Hamilton reiterated a “buy” rating and set a $93.00 price objective on shares of Splunk in a research note on Tuesday, August 22nd. Finally, Guggenheim reiterated a “buy” rating and set a $70.00 price objective on shares of Splunk in a research note on Saturday, August 19th. One analyst has rated the stock with a sell rating, nine have given a hold rating and twenty-eight have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $82.74.

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Splunk Company Profile

Splunk Inc (Splunk) is engaged in the development and marketing of software solutions. The Company’s offerings enable users to collect, index, search, explore, monitor and analyze data. Its offerings address diverse data sets that are referred to as big data and are specifically used for machine data.

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

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