8,611 Shares in Splunk Inc. (SPLK) Acquired by Delta Lloyd Asset Management N.V.

Delta Lloyd Asset Management N.V. acquired a new stake in shares of Splunk Inc. (NASDAQ:SPLK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,611 shares of the software company’s stock, valued at approximately $490,000.

A number of other large investors have also bought and sold shares of SPLK. BlackRock Inc. boosted its stake in Splunk by 5,553.3% during the first quarter. BlackRock Inc. now owns 6,931,967 shares of the software company’s stock valued at $431,791,000 after buying an additional 6,809,349 shares during the period. Wellington Management Group LLP boosted its stake in Splunk by 2,492.5% during the first quarter. Wellington Management Group LLP now owns 1,350,153 shares of the software company’s stock valued at $84,102,000 after buying an additional 1,298,074 shares during the period. Bank of New York Mellon Corp boosted its stake in Splunk by 40.1% during the second quarter. Bank of New York Mellon Corp now owns 3,942,003 shares of the software company’s stock valued at $224,259,000 after buying an additional 1,128,410 shares during the period. Harbour Capital Advisors LLC boosted its stake in Splunk by 6,237.5% during the second quarter. Harbour Capital Advisors LLC now owns 1,061,852 shares of the software company’s stock valued at $18,665,000 after buying an additional 1,045,097 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Splunk by 4.7% during the first quarter. Vanguard Group Inc. now owns 10,801,598 shares of the software company’s stock valued at $672,831,000 after buying an additional 480,657 shares during the period.

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Shares of Splunk Inc. (SPLK) opened at 68.42 on Friday. Splunk Inc. has a 12 month low of $50.64 and a 12 month high of $69.23. The stock has a 50 day moving average price of $61.50 and a 200-day moving average price of $61.70. The company’s market capitalization is $9.51 billion.

Splunk (NASDAQ:SPLK) last issued its earnings results on Thursday, August 24th. The software company reported $0.08 EPS for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.02. The business had revenue of $279.96 million for the quarter, compared to analyst estimates of $268.72 million. Splunk had a negative net margin of 36.81% and a negative return on equity of 75.18%. The company’s quarterly revenue was up 31.6% compared to the same quarter last year. During the same period last year, the company posted $0.05 earnings per share. Analysts forecast that Splunk Inc. will post $0.54 EPS for the current year.

In related news, Director Godfrey Sullivan sold 48,750 shares of Splunk stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $56.94, for a total transaction of $2,775,825.00. Following the transaction, the director now directly owns 843,290 shares of the company’s stock, valued at $48,016,932.60. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO David F. Conte sold 10,525 shares of Splunk stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $66.03, for a total transaction of $694,965.75. The disclosure for this sale can be found here. Over the last three months, insiders have sold 563,001 shares of company stock worth $32,903,895. 3.00% of the stock is currently owned by corporate insiders.

SPLK has been the subject of several research analyst reports. Cowen and Company reissued a “buy” rating on shares of Splunk in a research note on Friday, August 18th. Maxim Group reissued a “buy” rating and set a $85.00 price objective on shares of Splunk in a research note on Friday, August 25th. Susquehanna Bancshares Inc initiated coverage on Splunk in a research note on Wednesday, June 7th. They set a “neutral” rating and a $68.00 price objective for the company. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $80.00 price objective on shares of Splunk in a research note on Friday, August 25th. Finally, Zacks Investment Research lowered Splunk from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Twelve analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $72.76.

Splunk Company Profile

Splunk Inc (Splunk) is engaged in the development and marketing of software solutions. The Company’s offerings enable users to collect, index, search, explore, monitor and analyze data. Its offerings address diverse data sets that are referred to as big data and are specifically used for machine data.

Institutional Ownership by Quarter for Splunk (NASDAQ:SPLK)

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