Splunk Inc.s in-depth stock price analysis indicates that the stock price has rallied 4.63% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 7.06% . Looking at the past 52 week period, the stock price is up at 100.03% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Splunk Inc. has a positive value of 4.54 compared to overall market. Splunk Inc. (NASDAQ:SPLK) has climbed 3.42% in the past week and advanced 11.04% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.58% and the outperformance has advanced to 9.05% for the last 4 weeks period.
Splunk Inc. (NASDAQ:SPLK) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.16 points or 0.25% at $62.65 with 1,205,527 shares getting traded. Post opening the session at $63.1, the shares hit an intraday low of $62.4 and an intraday high of $63.45 and the price was in this range throughout the day. The company has a market cap of $8,499 million and the number of outstanding shares has been calculated to be 135,660,770 shares. The 52-week high of Splunk Inc. (NASDAQ:SPLK) is $65.75 and the 52-week low is $29.85.
Splunk Inc Last issued its quarterly earnings results on May 26, 2016. The company reported $-0.02 EPS for the quarter. Analyst had a consensus estimate of $-0.02. The company had revenue of $186.00 million for the quarter, compared to analysts expectations of $174.18 million. The companys revenue was up 48.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.01 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Splunk Inc was Initiated by Argus to Hold on Jan 27, 2017. Splunk Inc was Initiated by Wells Fargo to Outperform on Jan 11, 2017. Company shares were Reiterated by Wedbush on Nov 30, 2016 to Outperform, Raises Price Target to $ 75 from a previous price target of $72 .
Company has reported several Insider transactions to the SEC, on Feb 6, 2017, Leonard R Stein (SVP, General Counsel & Sec.) sold 8,791 shares at 60.00 per share price.On Jan 11, 2017, Godfrey Sullivan (director) sold 120,000 shares at 56.36 per share price.On Dec 14, 2016, Douglas Merritt (President and CEO) sold 6,155 shares at 56.62 per share price.
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.