Splunk Inc. (SPLK) Is At $117.23 Formed Wedge; Last Week Eco-Stim Energy Solutions, Inc. (ESES) Coverage

June 19, 2018 - By Richard Conner

Splunk Inc. (NASDAQ:SPLK) Logo

Splunk Inc. (SPLK) formed wedge up with $121.92 target or 4.00% above today’s $117.23 share price. Splunk Inc. (SPLK) has $17.00 billion valuation. The stock increased 1.18% or $1.37 during the last trading session, reaching $117.23. About 1.42M shares traded. Splunk Inc. (NASDAQ:SPLK) has risen 64.35% since June 19, 2017 and is uptrending. It has outperformed by 51.78% the S&P500. Some Historical SPLK News: ; 10/04/2018 – Splunk Brings Industrial IoT Data to Life with Splunk Industrial Asset Intelligence; 17/04/2018 – Splunk Congratulates FCW Federal 100 Award Winner from U.S. Department of Health and Human Services; 24/05/2018 – SPLUNK INC SPLK.O SEES FY 2019 REVENUE ABOUT $1.645 BLN; 25/05/2018 – SPLUNK INC SPLK.O : UBS RAISES TARGET PRICE TO $133 FROM $114; 16/05/2018 – tCell Joins Splunk Adaptive Response Initiative; 05/03/2018 GuidePoint Security Recognized as Recipient of 2018 Splunk Partner+ Awards; 24/05/2018 – SPLUNK SEES 2Q REV. $356M TO $358M, EST. $354.8M; 24/05/2018 – Splunk 1Q Rev $311.6M; 24/04/2018 – Splunk Customers Accelerate Business Value Through Artificial Intelligence; 24/05/2018 – Splunk 1Q Adj Loss/Shr 7c

Among 6 analysts covering Eco-Stim Energy (NASDAQ:ESES), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Eco-Stim Energy had 13 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) earned “Buy” rating by Seaport Global on Tuesday, March 15. The stock has “Outperform” rating by FBR Capital on Tuesday, July 21. The stock of Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) has “In-Line” rating given on Wednesday, May 16 by Imperial Capital. The firm has “Buy” rating given on Wednesday, December 20 by Seaport Global. The firm earned “Neutral” rating on Wednesday, June 21 by Seaport Global. TH Capital maintained the stock with “Buy” rating in Monday, August 10 report. Credit Suisse initiated it with “Outperform” rating and $5 target in Monday, July 18 report. The firm earned “Outperform” rating on Monday, August 14 by Credit Suisse. The rating was initiated by Evercore on Wednesday, August 12 with “Buy”. On Monday, June 5 the stock rating was maintained by FBR Capital with “Buy”. See Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) latest ratings:

16/05/2018 Broker: Imperial Capital Old Rating: Outperform New Rating: In-Line Old Target: $2 Downgrade
20/12/2017 Broker: Seaport Global Old Rating: Neutral New Rating: Buy Upgrade

The stock increased 2.56% or $0.02 during the last trading session, reaching $0.8. About 11,243 shares traded. Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) has declined 33.50% since June 19, 2017 and is downtrending. It has underperformed by 46.07% the S&P500. Some Historical ESES News: ; 09/04/2018 – Eco-Stim Energy at Non-Deal Roadshow Hosted By Seaport Today; 14/05/2018 – Eco-Stim Energy Solutions 1Q Rev $17.8M; 22/04/2018 – DJ Eco-Stim Energy Solutions Inc, Inst Holders, 1Q 2018 (ESES); 14/05/2018 – ECO-STIM ENERGY SOLUTIONS INC ESES.O QTRLY SHR LOSS $0.17; 07/04/2018 – Eco-Stim Energy Non-Deal Roadshow Set By Seaport for Apr. 9; 14/05/2018 – Eco-Stim Energy Solutions 1Q Loss $12.8M; 29/05/2018 – EcoStim announces plan to operate “super fleet” to drive increased efficiencies in its U.S. operations; 09/04/2018 – BIENVILLE CAPITAL MANAGEMENT LLC REPORTS 8.0 PCT PASSIVE STAKE IN ECO-STIM ENERGY SOLUTIONS INC AS OF MARCH 28, 2018 – SEC FILING; 29/05/2018 – EcoStim announces plan to operate “super fleet” to drive increased efficiencies in its U.S. operations; 14/05/2018 – Eco-Stim Energy Solutions 1Q Loss/Shr 17c

More important recent Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) news were published by: Globenewswire.com which released: “EcoStim announces transition agreement for its Argentina operations” on June 13, 2018, also Globenewswire.com published article titled: “EcoStim announces strengthening of management team”, Nasdaq.com published: “Report: Developing Opportunities within Energy Fuels, Barclays, Herbalife LTD, China Lodging Group, Eco-Stim …” on June 07, 2018. More interesting news about Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) was released by: Nasdaq.com and their article: “Eco-Stim Energy Solutions announces participation in the annual Louisiana Energy Conference to be held in New …” with publication date: May 24, 2018.

Eco-Stim Energy Solutions, Inc. provides oilfield services in the United States and Argentina. The company has market cap of $59.90 million. The firm offers pressure pumping, coiled tubing, and field management services. It currently has negative earnings. The Company’s clients consist primarily of international gas and oil exploration and production companies, including national oil companies, local privately-held exploration and production companies, and other service companies.

Since March 12, 2018, it had 0 buys, and 17 selling transactions for $27.09 million activity. 20,199 shares were sold by CONTE DAVID F, worth $1.98M. The insider Merritt Douglas sold $3.88 million. 8,750 shares valued at $1.02 million were sold by SULLIVAN GODFREY on Monday, June 11. 10,000 shares valued at $1.07M were sold by SMITH GRAHAM on Thursday, March 15. St. Ledger Susan also sold $158,492 worth of Splunk Inc. (NASDAQ:SPLK) shares. STEIN LEONARD R sold $1.08M worth of stock or 10,047 shares. 4,070 shares valued at $483,125 were sold by Neustaetter Thomas M on Tuesday, June 12.

Investors sentiment increased to 1.74 in 2018 Q1. Its up 0.36, from 1.38 in 2017Q4. It is positive, as 20 investors sold Splunk Inc. shares while 110 reduced holdings. 98 funds opened positions while 128 raised stakes. 131.07 million shares or 5.60% less from 138.84 million shares in 2017Q4 were reported. Advisory Svcs Ntwk Ltd Liability Co accumulated 9,021 shares or 0.07% of the stock. California State Teachers Retirement has 0.05% invested in Splunk Inc. (NASDAQ:SPLK). Jpmorgan Chase holds 2.80M shares. Earnest Partners Lc reported 49 shares. Peconic Ptnrs Ltd reported 0.04% in Splunk Inc. (NASDAQ:SPLK). The Japan-based Mitsubishi Ufj Trust Bk Corp has invested 0.05% in Splunk Inc. (NASDAQ:SPLK). Polaris Greystone Gru Limited Liability Corporation reported 40 shares. Jaffetilchin Ptnrs Ltd Liability Com stated it has 3,276 shares. Moreover, Bb&T Limited Co has 0% invested in Splunk Inc. (NASDAQ:SPLK) for 2,718 shares. Plante Moran Fincl Advisors Ltd Liability Co accumulated 464 shares. Profund Advsrs Limited Liability Corporation reported 2,778 shares stake. Boothbay Fund Mngmt Ltd Co stated it has 0.08% in Splunk Inc. (NASDAQ:SPLK). Paloma Prtnrs accumulated 9,279 shares. Veritable Limited Partnership owns 6,299 shares for 0.01% of their portfolio. Financial Counselors Inc has invested 0.04% in Splunk Inc. (NASDAQ:SPLK).

Among 46 analysts covering Splunk Inc (NASDAQ:SPLK), 39 have Buy rating, 0 Sell and 7 Hold. Therefore 85% are positive. Splunk Inc had 198 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Monday, February 26 with “Buy”. The firm has “Outperform” rating given on Friday, August 25 by Cowen & Co. On Friday, June 16 the stock rating was maintained by Jefferies with “Buy”. FBN Securities maintained the stock with “Buy” rating in Friday, November 17 report. KeyBanc Capital Markets maintained it with “Buy” rating and $120.0 target in Friday, March 2 report. Wedbush upgraded the shares of SPLK in report on Friday, April 27 to “Outperform” rating. The firm earned “Hold” rating on Thursday, August 24 by Mizuho. On Monday, May 21 the stock rating was upgraded by Piper Jaffray to “Buy”. The firm earned “Buy” rating on Tuesday, November 14 by Cowen & Co. Barclays Capital upgraded the shares of SPLK in report on Monday, January 8 to “Overweight” rating.

Splunk Inc. (NASDAQ:SPLK) Institutional Positions Chart

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