Sentiment Change Report: Splunk Inc (NASDAQ:SPLK) at 1.38

May 3, 2018 - By Bridget Boland

Splunk Inc. (NASDAQ:SPLK) Corporate Logo

Splunk Inc’s Sentiment

“Big money sentiment for Splunk Inc (NASDAQ:SPLK) in Q4 2017 decreased to 1.38, SEC.gov filings reveal. That’s down -0.03, from 2017Q3’s 1.41. 176 hedge funds started new or increased stock positions, while 128 trimmed and sold positions in Splunk Inc so the sentiment worsened. These funds own 138.84 million shares, that’s down from 143.10 million shares in 2017Q3. Funds holding Splunk Inc in top 10 was flat from 4 to 4 for the same number . In total 31 funds closed positions, 97 reduced and 100 increased. Also 76 funds bought new Splunk Inc stakes.

Largest Splunk Inc Shareholders

As of Q4 2017 Glynn Capital Management Llc has 3.84% invested in Splunk Inc. Splunk Inc’s shareholder Avalon Global Asset Management Llc owns 88,420 shares as of Q4 2017. Further, Motley Fool Asset Management Llc reported 174,500 shares in Splunk Inc equivalent to 3.12% of its stock exposure. Sumitomo Mitsui Asset Management Company Ltd revealed 1.92 million shares position in Splunk Inc. The Maryland-based fund Ithaka Group Llc looks positive on Splunk Inc, having 139,224 shares.

Splunk Inc. provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally.The firm is worth $14.93 billion. The companyÂ’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source.Currently it 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.

Lastly it traded at $103.It’s uptrending since May 3, 2017 and is 63.75% down. SPLK outperformed by 52.20% the S&P500.

On May, 24 is expected Splunk Inc. (NASDAQ:SPLK)’s earnings report, Zacks reports. Last year’s earnings per share was $-0.7, while now analysts expect change of 15.71 % up from current $-0.59 earnings per share. Last quarter $-0.11 earnings per share was reported. Analysts sees 436.36 % negative EPS growth this quarter.

Exane Derivatives, a France-based fund reported 17,324 shs. Blair William And Company Il owns 82,080 shs or 0.05% of their US capital. Tower Capital Ltd Liability Corporation (Trc), a New York-based fund reported 114 shs. Wells Fargo & Com Mn accumulated 0.03% or 1.16 million shs. Keybank Natl Association Oh owns 0.02% invested in Splunk Inc. (NASDAQ:SPLK) for 39,369 shs. Columbus Circle Invsts holds 0.38% or 242,966 shs in its capital. Daiwa Gp accumulated 87,684 shs or 0.05% of the stock. Dsam Prtnrs (London) Ltd owns 48,000 shs. 12,738 are owned by Bluemountain Cap Management Ltd Liability Corporation. Royal National Bank & Trust Of Canada holds 155,811 shs. United Svcs Automobile Association accumulated 186,282 shs. Apg Asset Management Nv owns 36,200 shs. Boothbay Fund Mngmt Ltd Limited Liability Company has invested 0.12% in Splunk Inc. (NASDAQ:SPLK). Eagle Asset Management Inc has 0.28% invested in Splunk Inc. (NASDAQ:SPLK) for 604,932 shs. Salem Invest Counselors owns 6,545 shs or 0.06% of their US capital.

Splunk Inc. registered $19.16 million net activity with 0 buys and 15 selling transactions since December 10, 2017. STEIN LEONARD R had sold 10,047 shs worth $1.08 million on Tuesday, March 13. St. Ledger Susan sold 21,084 shs worth $2.05 million. Merritt Douglas sold $3.33 million worth of stock or 33,734 shs. $598,350 worth of Splunk Inc. (NASDAQ:SPLK) was sold by Campione Richard. SULLIVAN GODFREY had sold 8,750 shs worth $711,303 on Monday, December 11. SMITH GRAHAM also sold $1.07M worth of Splunk Inc. (NASDAQ:SPLK) on Thursday, March 15.

Splunk Inc. (NASDAQ:SPLK) Ratings Coverage

Total analysts of 33 have positions in Splunk Inc (NASDAQ:SPLK) as follows: 30 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 91%. Since November 5, 2017 according to StockzIntelligence Inc Splunk Inc has 66 analyst reports. On Friday, March 2 Guggenheim maintained the shares of SPLK in report with “Buy” rating. On Friday, March 2 the company was maintained by MUFG Securities Americas Inc. On Thursday, February 15 the company was maintained by Cowen & Co. On Friday, November 17 the firm has “Buy” rating given by BTIG Research. On Monday, December 18 the company was maintained by Robert W. Baird. On Friday, November 17 Deutsche Bank maintained the shares of SPLK in report with “Buy” rating. In Friday, November 17 report Robert W. Baird maintained the stock with “Buy” rating. On Friday, November 17 the company was maintained by Maxim Group. On Friday, April 27 the rating was upgraded by Wedbush to “Outperform”. On Friday, March 2 the company was maintained by Barclays Capital.

Splunk Inc. (NASDAQ:SPLK) Institutional Investors Chart

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