Shares of Splunk (NASDAQ:SPLK) Sees Large Outflow of Money

Splunk (NASDAQ:SPLK) had an volatile session and gained 0.68 points till last call. The price was at $59.56, gaining 1.15% till the last intraday data. The total uptick value was $14.94 million while the total downtick value was $28.32 million. The shares saw a net money flow of $(-13.38) million and the up/down ratio stood at 0.53. The stock has seen a change of of 2.8% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-12.24) million. Almost $1.12 million were received in upticks and approximately $13.36 million were lost in downticks, thereby giving the up/down ratio of 0.08.


The stock has recorded a 20-day Moving Average of 4.06% and the 50-Day Moving Average is 12.91%. The company shares have dropped 19.22% in the past 52 Weeks. On July 24, 2015 The shares registered one year high of $76.85 and one year low was seen on February 11, 2016 at $29.85. The 50-day moving average is $53.71 and the 200 day moving average is recorded at $49.58. S&P 500 has rallied 1.93% during the last 52-weeks.

Splunk (NASDAQ:SPLK): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $59.24 and $59.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $59.56, notching a gain of 1.15% for the day. The total traded volume was 1,528,501 . The stock had closed at $58.88 on the previous day.

Currently the company Insiders own 3.7% of Splunk shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.23% . Institutional Investors own 99.09% of Splunk shares. During last six month period, the net percent change held by insiders has seen a change of -6.42%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Sommer Steven R, officer (SVP & Chief Marketing Officer) of Splunk Inc, had unloaded 5,855 shares at an average price of $58.13 in a transaction dated on June 15, 2016. The total value of the transaction was worth $340,351.

Splunk Inc. is a provider of software products that allow organizations to gain real-time operational intelligence by harnessing the value of their data. The Companys products allow users to collect, index, search, explore, monitor and analyze data regardless of format or source. The Companys products address diverse data sets referred to as big data and are specifically tailored for machine-generated data. The Companys flagship product is Splunk Enterprise, which is a machine data engine, consisting of collection, indexing, search, reporting, analysis, alerting, and monitoring and data management capabilities. The Companys Splunk Cloud service delivers the core functionalities of Splunk Enterprise as a cloud service. In addition, the Company offers user behavioral analytics to help detect, respond to and mitigate advanced, hidden and insider threats.

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