Splunk SVP Thomas Schodorf Sells 4,000 Shares (SPLK)
Splunk (NASDAQ:SPLK) SVP Thomas Schodorf sold 4,000 shares of the company’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $68.62, for a total transaction of $274,480.00. Following the transaction, the senior vice president now directly owns 296,659 shares of the company’s stock, valued at approximately $20,356,741. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Splunk (NASDAQ:SPLK) traded up 4.06% on Thursday, hitting $71.46. The stock had a trading volume of 1,775,015 shares. Splunk has a one year low of $28.25 and a one year high of $74.97. The stock has a 50-day moving average of $68.06 and a 200-day moving average of $57.99. The company’s market cap is $7.665 billion.
A number of research firms have recently commented on SPLK. Analysts at Oppenheimer initiated coverage on shares of Splunk in a research note to investors on Tuesday, December 3rd. They set an “outperform” rating and a $80.00 price target on the stock. Separately, analysts at FBN Securities raised their price target on shares of Splunk from $65.00 to $75.00 in a research note to investors on Friday, November 22nd. Finally, analysts at Susquehanna raised their price target on shares of Splunk from $67.00 to $74.00 in a research note to investors on Friday, November 22nd. Nine research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Splunk presently has a consensus rating of “Buy” and a consensus price target of $68.27.
Splunk Inc (NASDAQ:SPLK) provides a software platform.
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