Splunk Inc. (NASDAQ:SPLK) Director Godfrey Sullivan sold 40,000 shares of the company’s stock in a transaction dated Wednesday, October 11th. The stock was sold at an average price of $63.53, for a total transaction of $2,541,200.00. Following the completion of the transaction, the director now owns 645,790 shares in the company, valued at $41,027,038.70. The sale was disclosed in a filing with the SEC, which is available through this link.

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

  • On Monday, October 9th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The shares were sold at an average price of $65.82, for a total transaction of $2,632,800.00.
  • On Tuesday, October 10th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The shares were sold at an average price of $64.40, for a total transaction of $2,576,000.00.
  • On Monday, September 11th, Godfrey Sullivan sold 48,750 shares of Splunk stock. The shares were sold at an average price of $68.13, for a total transaction of $3,321,337.50.
  • On Tuesday, September 12th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The shares were sold at an average price of $67.80, for a total transaction of $2,712,000.00.
  • On Wednesday, September 13th, Godfrey Sullivan sold 128,750 shares of Splunk stock. The shares were sold at an average price of $67.84, for a total transaction of $8,734,400.00.
  • On Tuesday, August 15th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The shares were sold at an average price of $58.13, for a total transaction of $2,325,200.00.
  • On Monday, August 14th, Godfrey Sullivan sold 40,000 shares of Splunk stock. The shares were sold at an average price of $58.84, for a total transaction of $2,353,600.00.
  • On Wednesday, August 16th, Godfrey Sullivan sold 120,000 shares of Splunk stock. The shares were sold at an average price of $59.09, for a total transaction of $7,090,800.00.

Splunk Inc. (NASDAQ:SPLK) traded down 0.52% on Wednesday, reaching $63.48. 1,559,211 shares of the company’s stock were exchanged. Splunk Inc. has a 1-year low of $50.64 and a 1-year high of $69.61. The company’s market capitalization is $8.89 billion. The firm has a 50-day moving average price of $66.42 and a 200-day moving average price of $62.56.

Splunk (NASDAQ:SPLK) last announced its quarterly earnings data on Thursday, August 24th. The software company reported $0.08 EPS for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.02. The company had revenue of $279.96 million during the quarter, compared to the consensus estimate of $268.72 million. Splunk had a negative net margin of 36.81% and a negative return on equity of 75.81%. Splunk’s quarterly revenue was up 31.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.05 EPS. Equities research analysts expect that Splunk Inc. will post $0.54 earnings per share for the current year.

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A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Splunk from a “sell” rating to a “hold” rating in a research note on Wednesday, August 16th. ValuEngine downgraded shares of Splunk from a “hold” rating to a “sell” rating in a research note on Wednesday. Cowen and Company reiterated a “buy” rating on shares of Splunk in a research note on Friday, August 18th. BMO Capital Markets reiterated a “buy” rating and set a $71.00 price objective on shares of Splunk in a research note on Wednesday, July 12th. Finally, Guggenheim upgraded shares of Splunk from a “neutral” rating to a “buy” rating and increased their price objective for the company from $69.00 to $70.00 in a research note on Thursday, June 22nd. One analyst has rated the stock with a sell rating, eleven have given a hold rating and twenty-seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $73.06.

A number of institutional investors have recently made changes to their positions in SPLK. Patten Group Inc. raised its position in Splunk by 3.6% during the 1st quarter. Patten Group Inc. now owns 2,154 shares of the software company’s stock worth $131,000 after buying an additional 75 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its position in Splunk by 24.1% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,375 shares of the software company’s stock worth $195,000 after buying an additional 656 shares during the last quarter. IFP Advisors Inc raised its position in Splunk by 6.2% during the 2nd quarter. IFP Advisors Inc now owns 3,508 shares of the software company’s stock worth $200,000 after buying an additional 204 shares during the last quarter. Diversified Trust Co raised its position in Splunk by 11.7% during the 2nd quarter. Diversified Trust Co now owns 3,806 shares of the software company’s stock worth $217,000 after buying an additional 400 shares during the last quarter. Finally, Cipher Capital LP purchased a new position in Splunk during the 2nd quarter worth $217,000.

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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