David F. Conte Sells 6,993 Shares of Splunk Inc (SPLK) Stock
Splunk Inc (NASDAQ:SPLK) CFO David F. Conte sold 6,993 shares of Splunk stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $80.73, for a total value of $564,544.89. Following the sale, the chief financial officer now directly owns 110,364 shares of the company’s stock, valued at $8,909,685.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Splunk Inc (SPLK) traded up $0.75 during trading hours on Friday, reaching $81.19. The company’s stock had a trading volume of 2,721,400 shares, compared to its average volume of 1,660,961. Splunk Inc has a 1 year low of $50.64 and a 1 year high of $84.88.
Splunk (NASDAQ:SPLK) last posted its quarterly earnings data on Thursday, November 16th. The software company reported $0.17 earnings per share for the quarter, topping the consensus estimate of ($0.42) by $0.59. The company had revenue of $328.65 million during the quarter, compared to analysts’ expectations of $309.01 million. Splunk had a negative return on equity of 72.06% and a negative net margin of 32.72%. equities research analysts predict that Splunk Inc will post -1.3 EPS for the current year.
Hedge funds have recently bought and sold shares of the company. Crossmark Global Holdings Inc. acquired a new position in shares of Splunk during the third quarter worth about $201,000. FDx Advisors Inc. acquired a new position in shares of Splunk during the third quarter worth about $210,000. Commonwealth Equity Services Inc acquired a new position in shares of Splunk during the third quarter worth about $210,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Splunk by 24.1% during the second 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 period. Finally, IFP Advisors Inc boosted its position in shares of Splunk by 6.2% during the second 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 period.
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.
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