UPDATE: Splunk (SPLK) PT Raised to $150 at Mizuho Securities

Splunk (SPLK) PT Raised to $150 at Mizuho Securities on Silver Lake Deal

Mizuho Securities analyst Gregg Moskowitz raised the price target on Splunk (NASDAQ: SPLK) to $150.00 (from $135.00) while maintaining a Neutral rating following today's Silver Lake investment.

The analyst commented, "Earlier today, SPLK disclosed a large $1B investment from well-regarded PE firm Silver... More

Splunk (SPLK) Lands $1 Billion From Silver Lake, Announces Buyback One Day After Activist Rumors Surface

Shares of Splunk (NASDAQ: SPLK) are up 12% in todays trading session after the company announced a $1 billion investment from Silver Lake in the form of convertible senior notes to support the continued transformation of its business. Moreover, SPLK also announced a share buyback program of up to $1 billion in the open market. The repurchase is intended to offset the dilutive effect of the Notes, the company said.

Interestingly, the news comes one day after... More

Splunk (SPLK) call put ratio 5.5 calls to 1 put amid Silver Lake investment

Splunk (NASDAQ: SPLK) 30-day option implied volatility is at 37; compared to its 52-week range of 32 to 63. Call put ratio 5.5 calls to 1 put with focus on August 140 and 150 calls amid $1B investment from Silverlake.

Pre-Open Stock Movers 06/22: (SAFM) (SPLK) (GME) Higher; (MVIS) (MSTR) (MARA) Lower (more...)

Today's Pre-Open Movers:

Adial Pharmaceuticals (NASDAQ: ADIL) 22.7% HIGHER; positive mention at SeekingAlpha

Idera Pharma (NASDAQ: IDRA) 18.8% HIGHER; COO Daniel Soland acquired 50,000 shares on June 18 at $1.19.

Beyond Air, Inc. (NASDAQ: XAIR) 11.8% HIGHER; CEO and Chairman, Steven Lisi, bought 25,000 shares on 06/17 at $5.36. In addition, Director, Robert Carey, bought 350,000 shares on 06/17 at $5.36.

MicroVision, Inc. (NASDAQ:... More

Splunk receives $1 billion investment from Silver Lake

(Reuters) - Splunk Inc said on Tuesday that it had received $1 billion in investment from private-equity firm Silver Lake, triggering an 8% jump in shares of the data analytics software firm in premarket trading.

Silver Lake will invest the amount in convertible notes and its chairman, Ken Hao, will... More

Splunk (SPLK) Announces $1 Billion Investment from Silver Lake, Announces $1B Buyback

Splunk (NASDAQ: SPLK), provider of the Data-to-Everything Platform, today announced that Silver Lake, a global leader in technology investing, will make a $1 billion investment in convertible senior notes to support the continued transformation of its business. Splunk expects to use the proceeds from the new investment to fund growth initiatives and manage its capital structure, including a newly authorized share repurchase program of up to $1 billion that will be executed over time.

Weve significantly evolved our business since we began our transformation to become a cloud-first company over two years ago, and... More

Splunk (SPLK) call put ratio 12 calls to 1 put

Splunk (NASDAQ: SPLK) 30-day option implied volatility is at 35; compared to its 52-week range of 32 to 63. Call put ratio 12 calls to 1 put with focus on June weekly 130 calls.

Splunk (SPLK) call put ratio 15 calls to 1 put with focus on June weekly 130 calls

Splunk (NASDAQ: SPLK) call put ratio 15 calls to 1 put with focus on June weekly 130 calls