In the event of strong set of numbers that excels the street’s projections, the shares price tends to surge on the chart.
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Full-year revenue is now projected to be between $910 million and $914 million, compared to its prior estimates of $892 million and $896 million.
Autodesk (ADSK) topped forecasts and guided full-year results above views, while Splunk (SPLK) and Ulta Beauty (ULTA) also beat estimates.
Criterion Capital Management Llc holds 7.51% of its portfolio in Splunk Inc for 3.75 million shares. The stock was sold at an average price of $60.00, for a total value of $60,000.00.
Splunk Inc. (NASDAQ: SPLK) released fiscal second-quarter 2017 results Thursday after the market close. The company’s weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Following the completion of the transaction, the senior vice president now owns 142,668 shares in the company, valued at approximately $8,056,461.96.
The ABR or average broker rating range is from 1 to 5. The company market cap of 8.62B. Also, SVP Leonard R. Stein sold 3,436 shares of the business’s stock in a transaction dated Tuesday, June 14th. The company’s stock had a trading volume of 362,005 shares. Splunk Inc. has a 52-week low of 29.85 and a 52-week high of 66.90. The disclosure for this sale can be found here. Morgan Stanley lifted their price target on Splunk from $53.00 to $58.00 and gave the company an “overweight” rating in a research note on Friday, May 27th. RBC Capital Markets maintained the shares of Splunk Inc in a note on August 19 with “Outperform” rating.
06/08/2016 – Splunk Inc. had its “buy” rating reiterated by analysts at UBS.
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Splunk Inc is a provider of software solutions. Out of 25 Wall Street analysts rating Splunk Inc, 19 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. Finally, Macquarie reissued a “buy” rating on shares of Splunk in a report on Sunday, May 29th. The Companys products allow users to collect, index, search, explore, monitor and analyze data regardless of format or source. Stifel Nicolaus has “Buy” rating and $62 PR. Maxim Group maintained Splunk Inc’s stock on July 21 with “Buy” rating. It operates through the development and marketing of software solutions segment, which enables its customers to gain real-time operational intelligence by harnessing the value of their data.
