Fmr LLC Decreased Splunk INC (SPLK) Stake by $67.99 Million

Splunk Inc. (NASDAQ:SPLK) Corporate LogoDuring 2018 Q2 the big money sentiment decreased to 1.35. That’s change of 0.39, from 2018Q1’s 1.74. 39 investors sold all, 122 reduced holdings as SPLK ratio dived. 152 rose holdings while 65 funds bought holdings. Funds hold 126.55 million shares thus 3.45% less from 2018Q1’s 131.07 million shares. Fiera Cap Corp stated it has 0.22% of its capital in Splunk Inc. (NASDAQ:SPLK). Castleark Ltd Limited Liability Company has 0.23% invested in Splunk Inc. (NASDAQ:SPLK) for 75,429 shs. Dubuque Commercial Bank And Tru Com has invested 0.57% in Splunk Inc. (NASDAQ:SPLK). 94,458 are owned by British Columbia Inv Corporation. First Republic Inv stated it has 33,550 shs or 0.02% of all its holdings. Natl Pension Service accumulated 0.07% or 165,620 shs. Plante Moran Financial Ltd stated it has 0.02% in Splunk Inc. (NASDAQ:SPLK). Two Sigma Ltd Liability Corp holds 0% or 7,584 shs. Great West Life Assurance Can accumulated 108,512 shs or 0.03% of the stock. Arizona-based Tci Wealth Advisors Inc has invested 0% in Splunk Inc. (NASDAQ:SPLK). First Personal Financial Svcs accumulated 208 shs or 0.01% of the stock. Hartford Investment Mngmt owns 3,307 shs. Ci Invs invested in 0.2% or 260,468 shs. Services Automobile Association stated it has 0.01% in Splunk Inc. (NASDAQ:SPLK). Moreover, Veritable Lp has 0.01% invested in Splunk Inc. (NASDAQ:SPLK).

SPLK registered $25.43 million net activity with 0 buys and 14 insider sales since June 11, 2018. On Tuesday, September 11 Merritt Douglas sold $2.94M worth of Splunk Inc. (NASDAQ:SPLK) or 23,572 shs. On Tuesday, September 11 a trade for 19,100 shs valued at $2.40M was made by Tully Timothy. On Monday, September 17 Shares for $261,103 were sold by Carges Mark T. On Tuesday, June 12 $1.88 million worth of stock was sold by St. Ledger Susan. 15,517 shs valued at $1.83 million were sold by CONTE DAVID F on Tuesday, June 12. Another trade for 4,000 shs valued at $484,040 was sold by SMITH GRAHAM.

Fmr Llc decreased its stake by 44.67% in Splunk Inc (SPLK), according to 2018Q2 SEC filling. The company’s stock popped up 7.03% while Fmr Llc sold 686,768 shares. At the end of 2018Q2, the 850,495 shares of the prepackaged software company held by the institutional investor were priced at $84.29 million, down from 1.54M at the end of the previous reported quarter. Fmr Llc has risen its stake in Becton Dickinson & Co (NYSE:BDX) and also increased its holding in Gardner Denver Hldgs Inc by 6.86M shares in the quarter, for a total of 13.53M shares.

Investors wait Splunk Inc. (NASDAQ:SPLK)’s quarterly earnings on March, 7., Zacks reports. Analysts forecast 245.45 % diference or $0.16 from the $-0.11 EPS from 2017. If earnings per share of $0.16 is revealed the profit of SPLK could hit $23.46M giving it 165.09 P/E. After $-0.22 earnings per share was revealed last quarter, analysts now see EPS growth of -172.73 % for Splunk Inc..

For more Splunk Inc. (NASDAQ:SPLK) news brought out recently go to: Businesswire.com, Nasdaq.com, Nasdaq.com, 247Wallst.com or Nasdaq.com. The titles are as follows: “Splunk Announces Integrations With New Amazon Web Services Security Hub – Business Wire” brought out on November 28, 2018, “Coupa (COUP) to Report Q3 Earnings: What’s in the Cards? – Nasdaq” on November 28, 2018, “Is Splunk (SPLK) Outperforming Other Computer and Technology Stocks This Year? – Nasdaq” with a publish date: December 05, 2018, “Alphabet, Splunk and Other Tech Stocks With Recent Death Crosses – 24/7 Wall St.” and the last “Splunk (SPLK) Reports Next Week: Wall Street Expects Earnings Growth – Nasdaq” with publication date: November 22, 2018.

Splunk Inc. (NASDAQ:SPLK) Ratings Coverage

Total analysts of 17 have positions in Splunk Inc (NASDAQ:SPLK) as follows: 12 rated it a “Buy”, 1 with “Sell” and 4 with “Hold”. The positive are 71%. Since June 15, 2018 according to StockzIntelligence Inc Splunk Inc has 18 analyst reports. On Friday, August 24 the firm has “Neutral” rating by JP Morgan given. The stock rating was maintained by Wedbush with “Outperform” on Friday, August 24. On Friday, August 24 the rating was maintained by Deutsche Bank with “Buy”. On Tuesday, July 10 the rating was downgraded by Evercore to “In-Line”. On Friday, August 24 the company was maintained by Morgan Stanley. On Thursday, October 4 the stock has “Overweight” rating by KeyBanc Capital Markets. On Friday, September 7 the rating was maintained by Barclays Capital with “Overweight”. On Tuesday, November 6 the stock of Splunk Inc. (NASDAQ:SPLK) has “Market Perform” rating given by Bernstein. In Friday, August 24 report Raymond James maintained it with “Outperform” rating and $129 target. On Friday, August 24 Stifel Nicolaus maintained Splunk Inc. (NASDAQ:SPLK) rating. Stifel Nicolaus has “Buy” rating and $138 target.

Splunk Inc. (NASDAQ:SPLK) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.