Splunk Company Profile (NASDAQ:SPLK)

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

Splunk Inc. (NASDAQ:SPLK) posted its quarterly earnings results on Thursday, May, 25th. The company reported ($0.01) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.04) by $0.03. The firm had revenue of $242.40 million for the quarter, compared to the consensus estimate of $233.79 million. Splunk had a negative net margin of 35.19% and a negative return on equity of 40.82%. The company's revenue for the quarter was up 30.4% on a year-over-year basis. During the same period last year, the firm posted ($0.02) earnings per share. 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 12 month target prices for Splunk's stock. Their predictions range from $60.00 to $93.00. On average, they expect Splunk's share price to reach $71.19 in the next year. 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. " (7/27/2017)
• 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 the month of 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 short-interest ratio is presently 6.2 days. Approximately 9.4% of the company's stock are sold short.

Some companies that are related to Splunk include Citrix Systems (CTXS), Synopsys (SNPS), Cadence Design Systems (CDNS), 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), Atlassian Corporation PLC (TEAM), Playtech PLC (PTEC), FireEye (FEYE), CommVault Systems (CVLT), Paylocity Holding Corporation (PCTY) and Blackline (BL).

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 number of of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Asset Management Company LTD (1.53%), Public Employees Retirement Association of Colorado (0.10%), US Bancorp DE (0.10%), Axel Capital Management LLC (0.05%), APG Asset Management N.V. (0.05%) and Russell Investments Group Ltd. (0.03%). 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., Russell Investments Group Ltd., Jag Capital Management LLC, Shell Asset Management Co., 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 Sumitomo Mitsui Asset Management Company LTD, US Bancorp DE, Sit Investment Associates Inc., Mn Services Vermogensbeheer B.V., Fox Run Management L.L.C., Reliance Trust Co. of Delaware, Benjamin F. Edwards & Company Inc. and Gradient Investments LLC. 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 $62.06.