Splunk Inc (NASDAQ:SPLK) CFO David F. Conte sold 6,993 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $80.73, for a total value of $564,544.89. Following the completion of the transaction, the chief financial officer now directly owns 110,364 shares of the company’s stock, valued at $8,909,685.72. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Splunk Inc (NASDAQ:SPLK) traded up $1.27 during mid-day trading on Friday, hitting $82.46. The stock had a trading volume of 2,249,708 shares, compared to its average volume of 2,526,481. 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 (EPS) for the quarter, topping the 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 business had revenue of $328.65 million for the quarter, compared to analysts’ expectations of $309.01 million. research analysts expect that Splunk Inc will post -1.3 EPS for the current fiscal year.
Several hedge funds have recently bought and sold shares of SPLK. Patten Group Inc. boosted its holdings in shares of Splunk by 1,048.8% during the third quarter. Patten Group Inc. now owns 24,746 shares of the software company’s stock worth $143,000 after purchasing an additional 22,592 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Splunk by 24.1% in 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 period. IFP Advisors Inc raised its position in shares of Splunk by 6.2% in 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 period. Crossmark Global Holdings Inc. purchased a new position in shares of Splunk in the 3rd quarter worth $201,000. Finally, FDx Advisors Inc. purchased a new position in shares of Splunk in the 3rd quarter worth $210,000.
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.
Receive News & Ratings for Splunk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Splunk and related companies with MarketBeat.com's FREE daily email newsletter.