Analysts See $-0.23 EPS for Splunk Inc. (SPLK)

November 10, 2018 - By Winifred Garcia

Splunk Inc. (NASDAQ:SPLK) LogoInvestors sentiment decreased to 1.35 in Q2 2018. Its down 0.39, from 1.74 in 2018Q1. It turned negative, as 39 investors sold Splunk Inc. shares while 122 reduced holdings. 65 funds opened positions while 152 raised stakes. 126.55 million shares or 3.45% less from 131.07 million shares in 2018Q1 were reported.
Signaturefd Ltd Liability Corporation invested 0% of its portfolio in Splunk Inc. (NASDAQ:SPLK). Barclays Pcl reported 88,897 shares or 0.01% of all its holdings. Moreover, Oppenheimer And has 0.01% invested in Splunk Inc. (NASDAQ:SPLK). Fil reported 554,589 shares stake. Arrowstreet Cap Ltd Partnership invested in 0.26% or 1.07M shares. Andra Ap reported 0.13% in Splunk Inc. (NASDAQ:SPLK). Dimensional Fund Advsr Ltd Partnership holds 138,660 shares or 0.01% of its portfolio. Patten Group Incorporated invested in 2,369 shares. Perigon Wealth Mngmt Ltd Limited Liability Company accumulated 2,782 shares. Moreover, Columbia Partners L L C Mngmt has 0.16% invested in Splunk Inc. (NASDAQ:SPLK) for 5,483 shares. Fifth Third Fincl Bank has 3,661 shares for 0% of their portfolio. Bank & Trust Of Mellon invested 0.12% in Splunk Inc. (NASDAQ:SPLK). Victory Cap Mngmt accumulated 485,866 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 0.06% invested in Splunk Inc. (NASDAQ:SPLK). Peak6 Invests Lp holds 0% or 5,160 shares.

Since June 11, 2018, it had 0 insider purchases, and 15 insider sales for $26.45 million activity. On Thursday, June 14 SMITH GRAHAM sold $484,040 worth of Splunk Inc. (NASDAQ:SPLK) or 4,000 shares. STEIN LEONARD R had sold 10,714 shares worth $1.34 million on Tuesday, September 11. Another trade for 15,517 shares valued at $1.83M was made by CONTE DAVID F on Tuesday, June 12. Neustaetter Thomas M also sold $483,125 worth of Splunk Inc. (NASDAQ:SPLK) on Tuesday, June 12. $1.10M worth of Splunk Inc. (NASDAQ:SPLK) was sold by SULLIVAN GODFREY. Carges Mark T sold 2,091 shares worth $261,103.

Analysts expect Splunk Inc. (NASDAQ:SPLK) to report $-0.23 EPS on November, 15.They anticipate $0.16 EPS change or 41.03 % from last quarter’s $-0.39 EPS. After having $-0.52 EPS previously, Splunk Inc.’s analysts see -55.77 % EPS growth. The stock decreased 3.14% or $3.19 during the last trading session, reaching $98.54. About 1.86 million shares traded. Splunk Inc. (NASDAQ:SPLK) has risen 85.26% since November 10, 2017 and is uptrending. It has outperformed by 69.64% the S&P500.

Splunk Inc. (NASDAQ:SPLK) Ratings Coverage

Among 22 analysts covering Splunk Inc (NASDAQ:SPLK), 17 have Buy rating, 1 Sell and 4 Hold. Therefore 77% are positive. Splunk Inc had 27 analyst reports since May 21, 2018 according to SRatingsIntel. The rating was maintained by JP Morgan with “Neutral” on Friday, August 24. The stock of Splunk Inc. (NASDAQ:SPLK) earned “Outperform” rating by Raymond James on Friday, August 24. Credit Suisse maintained Splunk Inc. (NASDAQ:SPLK) rating on Friday, August 24. Credit Suisse has “Outperform” rating and $130 target. The stock of Splunk Inc. (NASDAQ:SPLK) has “Outperform” rating given on Friday, May 25 by BMO Capital Markets. The company was maintained on Friday, August 24 by Wells Fargo. The stock has “Overweight” rating by Barclays Capital on Friday, September 7. Credit Suisse maintained the shares of SPLK in report on Friday, May 25 with “Buy” rating. On Friday, August 24 the stock rating was maintained by Robert W. Baird with “Outperform”. The company was upgraded on Monday, May 21 by Piper Jaffray. JMP Securities maintained it with “Market Outperform” rating and $120 target in Friday, May 25 report.

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 $14.45 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.

More news for Splunk Inc. (NASDAQ:SPLK) were recently published by: Bizwest.com, which released: “Splunk to be anchor tenant at S’PARK office space” on November 10, 2018. Seekingalpha.com‘s article titled: “Splunk -4% on Bernstein slash to Market Perform” and published on November 06, 2018 is yet another important article.

Splunk Inc. (NASDAQ:SPLK) Institutional Positions Chart

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