Splunk Company Profile (NASDAQ:SPLK)

Splunk trades on the NASDAQ under the ticker symbol "SPLK."

Splunk Inc. (NASDAQ:SPLK) announced its quarterly earnings data on Thursday, May, 25th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.04) by $0.03. The company earned $242.40 million during the quarter, compared to analysts' expectations of $233.79 million. Splunk had a negative net margin of 35.19% and a negative return on equity of 40.82%. The business's quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.02) EPS. View Splunk's Earnings History.

Splunk is scheduled to release their next quarterly earnings announcement on Wednesday, August, 23rd 2017. View Earnings Estimates for Splunk.

32 brokerages have issued 1 year price objectives for Splunk's shares. Their predictions range from $60.00 to $93.00. On average, they expect Splunk's share price to reach $71.19 in the next twelve months. View Analyst Ratings for Splunk.

Here are some recent quotes from research analysts about Splunk stock:

• 1. According to Zacks Investment Research, "Splunk Inc. provides a software platform, which collects and indexes data and enables users to search, correlate, analyze, monitor and report on this data, all in real time. Its software is designed to help users in various roles, including IT and business professionals. Splunk Inc. is based in San Francisco, California. " (7/12/2017)
• 2. Drexel Hamilton analysts commented, "Last night, Splunk delivered a strong finish to FY:17 and increased its FY:18 outlook; however, the company now finds itself in the throes of seasonality and the after-market activity in the stock reflects the company's conservative 1Q:FY18 outlook. We are increasing our estimates and raising our price target to $93.00 from $90.00." (2/24/2017)

Splunk saw a increase in short interest in June. As of June 15th, there was short interest totalling 12,750,529 shares, an increase of 31.3% from the May 31st total of 9,710,349 shares. Based on an average trading volume of 2,070,905 shares, the days-to-cover ratio is presently 6.2 days. Approximately 9.4% of the shares of the company are short sold.

Some companies that are related to Splunk include Citrix Systems (CTXS), Synopsys (SNPS), Cadence Design Systems (CDNS), Atlassian Corporation PLC (TEAM), SS&C Technologies Holdings (SSNC), The Ultimate Software Group (ULTI), Tyler Technologies (TYL), National Instruments Corporation (NATI), Micro Focus International plc (MCRO), Nuance Communications (NUAN), Nice Systems (NICE), Blackbaud (BLKB), Solera Holdings (SLH), Playtech PLC (PTEC), FireEye (FEYE), CommVault Systems (CVLT), Paylocity Holding Corporation (PCTY) and Okta (OKTA).

Splunk's management team includes the folowing people:

• Godfrey R. Sullivan, Chairman, President, and CEO
• David F. Conte, SVP and CFO
• Douglas Harr, Chief Information Officer
• Douglas Merritt, President, Chief Executive Officer, Director
• David Frank Conte, Chief Financial Officer, Senior Vice President
• Leonard R. Stein, Senior Vice President, General Counsel, Secretary
• Richard J. Campione, Senior Vice President, Chief Product Officer
• Susan St. Ledger, Senior Vice President, Chief Revenue Officer
• Godfrey R. Sullivan, Non-Executive Chairman of the Board
• John Graham Connors, Lead Independent Director

Splunk's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include US Bancorp DE (0.10%), Axel Capital Management LLC (0.05%), APG Asset Management N.V. (0.05%), Deane Retirement Strategies Inc. (0.02%), Chevy Chase Trust Holdings Inc. (0.02%) and Jag Capital Management LLC (0.02%). Company insiders that own Splunk stock include David F Conte, Douglas Merritt, Godfrey Sullivan, Guido Schroeder, John G Connors, Leonard R Stein and Steven R Sommer. View Institutional Ownership Trends for Splunk.

Splunk's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, APG Asset Management N.V., Jag Capital Management LLC, DnB Asset Management AS, Capital One National Association and Deane Retirement Strategies Inc.. Company insiders that have sold Splunk stock in the last year include David F Conte, Douglas Merritt, Godfrey Sullivan, John G Connors, Leonard R Stein and Steven R Sommer. View Insider Buying and Selling for Splunk.

Splunk's stock was bought by a variety of institutional investors in the last quarter, including US Bancorp DE, Sit Investment Associates Inc., Mn Services Vermogensbeheer B.V., Fox Run Management L.L.C., Gradient Investments LLC, Axel Capital Management LLC, Pier 88 Investment Partners LLC and Diversified Trust Co. View Insider Buying and Selling for Splunk.

Shares of Splunk can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Splunk stock can currently be purchased for approximately $61.30.