$-0.54 EPS Expected for Splunk Inc. (SPLK)

August 13, 2018 - By Frank Plummer

Splunk Inc. (NASDAQ:SPLK) LogoInvestors sentiment increased to 1.74 in Q1 2018. Its up 0.36, from 1.38 in 2017Q4. It is positive, as 20 investors sold Splunk Inc. shares while 110 reduced holdings. 98 funds opened positions while 128 raised stakes. 131.07 million shares or 5.60% less from 138.84 million shares in 2017Q4 were reported.
Moreover, Ibm Retirement Fund has 0.08% invested in Splunk Inc. (NASDAQ:SPLK) for 4,360 shares. Oppenheimer Asset Management Inc owns 0.11% invested in Splunk Inc. (NASDAQ:SPLK) for 43,789 shares. Massmutual Com Fsb Adv holds 60 shares. Fincl Bank Hapoalim Bm holds 0.1% or 3,830 shares. Guggenheim Cap Ltd Limited Liability Company invested 0.01% in Splunk Inc. (NASDAQ:SPLK). Prelude Mngmt Lc accumulated 0.04% or 5,280 shares. Northern Trust Corp owns 855,005 shares. Pub Employees Retirement Sys Of Ohio invested 0.05% in Splunk Inc. (NASDAQ:SPLK). Nelson Van Denburg Campbell Wealth Mngmt Gru Lc holds 0.05% or 1,985 shares. Geode Cap Ltd Liability Com holds 1.27M shares. Ftb stated it has 297 shares. Group Inc reported 0% of its portfolio in Splunk Inc. (NASDAQ:SPLK). Jpmorgan Chase & has 2.80 million shares. Moreover, Engineers Gate Manager Lp has 0.5% invested in Splunk Inc. (NASDAQ:SPLK) for 75,568 shares. Pittenger Anderson Inc invested in 45 shares or 0% of the stock.

Since March 12, 2018, it had 0 buys, and 17 sales for $27.09 million activity. On Tuesday, April 3 the insider CONTE DAVID F sold $1.98 million. On Tuesday, April 3 Merritt Douglas sold $3.33 million worth of Splunk Inc. (NASDAQ:SPLK) or 33,734 shares. The insider STEIN LEONARD R sold $833,101. Another trade for 8,750 shares valued at $1.02 million was sold by SULLIVAN GODFREY. 4,070 shares were sold by Neustaetter Thomas M, worth $483,125 on Tuesday, June 12. On Thursday, June 14 SMITH GRAHAM sold $484,040 worth of Splunk Inc. (NASDAQ:SPLK) or 4,000 shares.

Analysts expect Splunk Inc. (NASDAQ:SPLK) to report $-0.54 EPS on August, 23 after the close.They anticipate $0.04 EPS change or 6.90 % from last quarter’s $-0.58 EPS. After having $-0.77 EPS previously, Splunk Inc.’s analysts see -29.87 % EPS growth. The stock increased 0.41% or $0.43 during the last trading session, reaching $105.79. About 759,148 shares traded. Splunk Inc. (NASDAQ:SPLK) has risen 64.35% since August 13, 2017 and is uptrending. It has outperformed by 51.78% the S&P500.

Splunk Inc. (NASDAQ:SPLK) Ratings Coverage

Among 32 analysts covering Splunk Inc (NASDAQ:SPLK), 28 have Buy rating, 1 Sell and 3 Hold. Therefore 88% are positive. Splunk Inc had 49 analyst reports since February 14, 2018 according to SRatingsIntel. As per Friday, May 25, the company rating was maintained by JMP Securities. The rating was maintained by MUFG Securities Americas Inc with “Buy” on Friday, March 2. As per Friday, March 2, the company rating was maintained by Robert W. Baird. Cowen & Co maintained the stock with “Buy” rating in Thursday, February 15 report. Wedbush maintained it with “Hold” rating and $94.0 target in Wednesday, February 14 report. The company was maintained on Thursday, April 12 by Credit Suisse. Robert W. Baird maintained Splunk Inc. (NASDAQ:SPLK) on Monday, February 26 with “Buy” rating. The company was maintained on Friday, March 2 by Stephens. The rating was maintained by Jefferies with “Buy” on Friday, March 2. Citigroup downgraded Splunk Inc. (NASDAQ:SPLK) on Friday, June 15 to “Sell” rating.

Splunk Inc. provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally. The company has market cap of $15.34 billion. The company's products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source. It currently has negative earnings. It offers Splunk Enterprise, a machine data platform with collection, indexing, search, reporting, analysis, alerting, monitoring, and data management capabilities; and Splunk Cloud service.

Another recent and important Splunk Inc. (NASDAQ:SPLK) news was published by Fool.com which published an article titled: “Why Splunk Went on a Shopping Spree in the Last Year” on July 28, 2018.

Splunk Inc. (NASDAQ:SPLK) Institutional Positions Chart

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