Moreover, Strs Ohio has 0% invested in Splunk Inc (NASDAQ:SPLK). The firm has “Neutral” rating given on Tuesday, September 8 by Credit Suisse.
More notable recent Splunk Inc (NASDAQ:SPLK) news were published by: Nasdaq.com which released: “Earnings Reaction History: Splunk Inc., 40.0% Follow-Through Indicator, 5.7 …” on August 24, 2017, also Seekingalpha.com with their article: “Dear Cisco, Please Don’t Buy Splunk” published on August 28, 2017, Businesswire.com published: “Splunk Inc”.
Oppenheimer Holdings, Inc. restated their buy rating on shares of Splunk Inc. Finally, Wedbush reaffirmed a neutral rating and set a $66.00 target price on shares of Splunk in a research report on Friday. Royal Bank of Canada reissued a “buy” rating on shares of Splunk in a research report on Friday, April 21st. Robert W. Baird set a $71.00 price target on shares of Splunk and gave the stock a “buy” rating in a research report on Saturday, May 27th. The stock of Splunk Inc (NASDAQ:SPLK) earned “Outperform” rating by BMO Capital Markets on Friday, March 31.
Among 35 analysts covering EOG Resources (NYSE:EOG), 25 have Buy rating, 0 Sell and 10 Hold. Susquehanna Bancshares Inc’s target price points to a potential upside of 8.16% from the stock’s current price.
Splunk, Inc. (SPLK) has the market capitalization of $9.09 Billion. The company’s 50-day moving average is $64.76 and its 200 day moving average is $60.26. Splunk has a 12 month low of $50.64 and a 12 month high of $69.23. Rosenblatt initiated Splunk Inc (NASDAQ:SPLK) rating on Wednesday, March 8. The software company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. Splunk had a negative net margin of 36.81% and a negative return on equity of 75.18%. The firm had revenue of $242.40 million during the quarter, compared to analyst estimates of $233.79 million. Next quarter’s EPS is forecasted at $0.31 with next year’s EPS projected to be $0.78. The company’s past year sales total was 244790. On average, equities research analysts anticipate that Splunk will post $0.52 earnings per share for the current year. “(SPLK) Price Target to $72.00” was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece on another site, it was illegally copied and reposted in violation of USA & global trademark and copyright legislation. The correct version of this article can be read at https://www.truebluetribune.com/2017/08/28/oppenheimer-holdings-inc-reaffirms-buy-rating-for-splunk-inc-splk.html. Shares for $261,672 were sold by SULLIVAN GODFREY on Wednesday, June 7. The stock was sold at an average price of $58.01, for a total transaction of $587,351.25. Motley Fool Asset Management Llc bought 124,500 shares as the company’s stock rose 2.42% with the market. Sullivan now owns $42,546,400 of the stock according to the SEC filing. Also, insider Douglas Merritt sold 10,125 shares of Splunk stock in a transaction that occurred on Wednesday, June 14th. Following the completion of the transaction, the insider now directly owns 231,440 shares in the company, valued at approximately $13,425,834.40. Sr VP Leonard R. Stein disclosed the sale of 4,851 shares.
Several institutional investors have recently made changes to their positions in the company. IFP Advisors Inc raised its stake in shares of Splunk by 0.6% in the first quarter. IFP Advisors Inc now owns 3,304 shares of the software company’s stock worth $206,000 after buying an additional 20 shares during the period. Migdal Insurance & Financial Holdings Ltd. now owns 3,375 shares of the software company’s stock valued at $195,000 after buying an additional 656 shares during the last quarter. Bank of New York Mellon Corp now owns 3,942,003 shares of the software company’s stock worth $224,259,000 after buying an additional 1,128,410 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Splunk by 5.1% in the second quarter.
Westfield Capital Management Co Lp downsized its investment by shedding 111,000 shares a decrease of 14.4%. Ltd. raised its stake in shares of Splunk by 0.5% in the first quarter.
Macquarie Group invested in 457,295 shares or 0.04% of the stock. Public Employees Retirement System of OH increased its stake in shares of Splunk by 7.5% in the second quarter. BNP Paribas Arbitrage, SA bolstered its ownership by buying 13,849 shares an increase of 99.8% as of 06/30/2017.
Splunk Inc. (Splunk), launched on April 11, 2006, is involved in the development and marketing of software solutions. The Business’s offerings enable users to collect, index, search, explore, monitor and analyze data.