Domenica, 04 Dicembre, 2016

Year Earning Growth of Splunk Inc. (NASDAQ:SPLK) is reported at 0

Splunk Inc (NASDAQ:SPLK) raises guidance amid strong revenue growth Noteworthy Analyst Evaluations of Stocks: General Motors Company (NYSE:GM), Splunk, Inc. (NASDAQ:SPLK)
Remigio Civitarese | 02 Dicembre, 2016, 12:35

Shares of Splunk Inc (NASDAQ:SPLK) now have an ABR of 1.43, derived from a total of 28 opinions. The firm owned 280,094 shares of the software company's stock at the end of the second quarter. BlueMountain Capital Management LLC boosted its stake in Splunk by 273.1% in the first quarter. Glynn Capital Management LLC's holdings in Splunk were worth $15,175,000 at the end of the most recent reporting period.

Hedge funds and other institutional investors have recently modified their holdings of the stock. LLC increased its position in shares of Splunk by 35.5% in the second quarter. Finally, Lazard Asset Management LLC raised its position in Splunk by 20.7% in the first quarter.

Investors who partake in gap trading use a simple, disciplined approach to buying and selling stocks. Insiders own 3.00% of the company's stock. Splunk Inc was Resumed by JP Morgan to "Overweight" on Oct 14, 2016. (NASDAQ:SPLK) traded up 0.32% during trading on Monday, hitting $56.89.

The recent traded volume of 0 shares lower than its average volume of 1.52 million shares. The company's price sits -2.90% below from its 50-day moving average of $58.94 and 4.48% above from the stock's 200-day moving average of $58.71. Splunk Inc. has a 12 month low of $29.85 and a 12 month high of $65.75. BlueMountain Capital Management LLC now owns 8,351 shares of the software company's stock valued at $409,000 after buying an additional 6,113 shares during the period.

Splunk (NASDAQ:SPLK) last issued its earnings results on Tuesday, November 29th. Analyst had a consensus estimate of $-0.02. The company had revenue of $212.80 million for the quarter, compared to the consensus estimate of $200.52 million. Splunk had a negative return on equity of 38.45% and a negative net margin of 42.84%. The business's revenue was up 40.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.05 earnings per share.

Splunk Inc. (NASDAQ:SPLK) diminished -0.07%, closed at $57.38.

Several equities research analysts have recently commented on SPLK shares.

"We are bullish on Splunk's ability to grow and take share in a new market that we call operational intelligence, which is more than just analyzing Big Data", Hedberg said in an analyst note. DA Davidson set a $83.00 target price on Splunk and gave the stock a "buy" rating in a research report on Thursday, November 24th. MKM Partners reissued a "neutral" rating on shares of Splunk in a research report on Friday, November 4th.

Splunk Inc (NASDAQ:SPLK) holds the market capitalization of $7.60B along with 134.54M outstanding shares. Ten analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. EPS long term mean growth rate estimated by 39 analysts is at 0.49%, whereas, the high and low Long term growth rate estimated at 0.69 and 0.39. Also, SVP Leonard R. Stein sold 1,075 shares of the stock in a transaction dated Monday, September 19th. The stock was sold at an average price of $63.80, for a total transaction of $319,000.00. GAM Holding AG now owns 102,333 shares of the software company's stock worth $6,005,000 after buying an additional 4,277 shares in the last quarter. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Godfrey Sullivan sold 128,750 shares of Splunk stock in a transaction that occurred on Wednesday, September 14th. Pitcairn Co. now owns 9,822 shares of the software company's stock worth $532,000 after buying an additional 1,278 shares in the last quarter. The disclosure for this sale can be found here. 3 analysts have suggested "Sell" for the company.

Splunk's software solutions help tech managers keep an eye on - and analyze - massive volumes of complex data that so many companies and organizations are collecting in our rapidly changing digital age. "We want to make it easier to collect and analyze even larger volumes and varieties of data to help our customers gain more insights and value from Splunk solutions". "Splunk provides the market leading platform that powers Operational Intelligence to enable customers to cost effectively get value from machine data".

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