Splunk Inc (SPLK) SVP Sells $1,045,336.32 in Stock
Splunk Inc (NASDAQ:SPLK) SVP Leonard R. Stein sold 8,344 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $125.28, for a total value of $1,045,336.32. Following the sale, the senior vice president now owns 75,833 shares of the company’s stock, valued at approximately $9,500,358.24. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of NASDAQ:SPLK opened at $127.32 on Friday. Splunk Inc has a twelve month low of $83.69 and a twelve month high of $143.70. The company has a market cap of $18.82 billion, a P/E ratio of -80.08 and a beta of 2.05. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 1.14.
A number of large investors have recently made changes to their positions in SPLK. Berman Capital Advisors LLC bought a new stake in Splunk during the 4th quarter valued at approximately $29,000. Bessemer Group Inc. lifted its position in shares of Splunk by 192.2% in the 4th quarter. Bessemer Group Inc. now owns 301 shares of the software company’s stock worth $32,000 after acquiring an additional 198 shares during the period. Captrust Financial Advisors lifted its position in shares of Splunk by 244.4% in the 4th quarter. Captrust Financial Advisors now owns 427 shares of the software company’s stock worth $45,000 after acquiring an additional 303 shares during the period. Sumitomo Mitsui Financial Group Inc. bought a new stake in shares of Splunk in the 4th quarter worth approximately $56,000. Finally, Financial Advocates Investment Management lifted its position in shares of Splunk by 461.0% in the 4th quarter. Financial Advocates Investment Management now owns 864 shares of the software company’s stock worth $61,000 after acquiring an additional 710 shares during the period. Hedge funds and other institutional investors own 93.95% of the company’s stock.
Splunk Inc provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally. Its products enable users to collect, index, search, explore, monitor, correlate, and analyze data regardless of format or source. The company offers Splunk Enterprise, a machine data platform with collection, indexing, search, reporting, analysis, alerting, monitoring, and data management capabilities; and Splunk Cloud.
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