Splunk Inc (NASDAQ:SPLK) Director Godfrey Sullivan sold 8,750 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $123.00, for a total transaction of $1,076,250.00. Following the transaction, the director now directly owns 182,155 shares of the company’s stock, valued at approximately $22,405,065. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of SPLK opened at $126.42 on Friday. The company has a market capitalization of $18.44 billion, a PE ratio of -79.51 and a beta of 2.05. The company has a debt-to-equity ratio of 1.14, a current ratio of 3.84 and a quick ratio of 3.84. Splunk Inc has a fifty-two week low of $83.69 and a fifty-two week high of $143.70.
Institutional investors and hedge funds have recently made changes to their positions in the company. Canton Hathaway LLC bought a new stake in shares of Splunk in the 4th quarter worth approximately $315,000. Hartline Investment Corp purchased a new position in shares of Splunk in the third quarter worth $3,112,000. Sanoor Capital Management LP purchased a new position in shares of Splunk in the third quarter worth $18,729,000. Hsbc Holdings PLC increased its stake in shares of Splunk by 8.2% in the third quarter. Hsbc Holdings PLC now owns 928,970 shares of the software company’s stock worth $112,320,000 after buying an additional 70,791 shares during the period. Finally, State of Alaska Department of Revenue increased its stake in shares of Splunk by 2.0% in the fourth quarter. State of Alaska Department of Revenue now owns 18,100 shares of the software company’s stock worth $1,897,000 after buying an additional 348 shares during the period. Hedge funds and other institutional investors own 93.95% of the company’s stock.
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Splunk Company Profile
Splunk Inc provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally. Its products enable users to collect, index, search, explore, monitor, correlate, and analyze data regardless of format or source. The company offers Splunk Enterprise, a machine data platform with collection, indexing, search, reporting, analysis, alerting, monitoring, and data management capabilities; and Splunk Cloud.
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