A Director at Splunk (NASDAQ: SPLK) is Selling Shares

By Carrie Williams

Yesterday, a Director at Splunk (SPLKResearch Report), Graham Smith, sold shares of SPLK for $1.49M.

Following Graham Smith’s last SPLK Sell transaction on June 15, 2018, the stock climbed by 32.2%.

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Based on Splunk’s latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $626 million and GAAP net loss of $57.64 million. In comparison, last year the company earned revenue of $481 million and had a GAAP net loss of $55.71 million. The company has a one-year high of $152.68 and a one-year low of $90.08. The Company has a Price to Book ratio of 15.6258.

Graham Smith’s trades have generated a -21.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Splunk, Inc. engages in the development and marketing of software solutions. Its products include Splunk cloud, Splunk light, and Splunk enterprise. It also offers solutions for information technology operations, security, internet-of-things, application analytics, business analytics, and industries.