Shares of Splunk (SPLK) Sees Large Inflow of Net Money Flow

Splunk (SPLK) stock had a bullish inflow of $20.04 million worth of trades on uptick and an outflow of $14.59 million in downticks on Monday. The total uptick to downtick ratio stood at 1.37. The net money flow into the stock was $5.45 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $5.91 million. $5.91 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Splunk (SPLK) stock traded down $0.67 , and reached $58.04, a drop of -1.14% over the previous day. On a weekly basis, the stock is 2.49%, over the previous weeks close.


Splunk, Inc. is up 16.87% in the last 3-month period. Year-to-Date the stock performance stands at -1.31%. Shares of Splunk, Inc. rose by 1.19% in the last five trading days and 0.05% for the last 4 weeks. In a related news, Sullivan Godfrey, director of Splunk Inc, unloaded 120,000 shares at an average price of $58.28 on July 11, 2016. The total amount of the transaction was worth $6,993,600, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Splunk (NASDAQ:SPLK): On Mondays trading session , Opening price of the stock was $58.79 with an intraday high of $59.6492. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $58. However, the stock managed to close at $58.04, a loss of 1.14% for the day. On the previous day, the stock had closed at $58.71. The total traded volume of the day was 1,295,491 shares.

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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