Nuveen Tax-Advantaged Total Return Strategy Fund (JTA) Is At $13.55 Formed Wedge; Splunk Inc. (SPLK) Covered By 39 Bullish Analysts Last Week

Splunk Inc. (NASDAQ:SPLK) Logo

Among 46 analysts covering Splunk Inc (NASDAQ:SPLK), 39 have Buy rating, 0 Sell and 7 Hold. Therefore 85% are positive. Splunk Inc had 187 analyst reports since August 24, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Outperform” rating and $112 target in Friday, March 2 report. On Thursday, July 20 the stock rating was maintained by Jefferies with “Buy”. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, November 17. The company was maintained on Friday, August 19 by RBC Capital Markets. As per Thursday, June 15, the company rating was downgraded by Wedbush. The stock of Splunk Inc. (NASDAQ:SPLK) has “Buy” rating given on Friday, November 17 by UBS. The company was maintained on Tuesday, August 22 by Jefferies. The firm has “Buy” rating by Northland Capital given on Friday, August 25. Credit Suisse maintained Splunk Inc. (NASDAQ:SPLK) rating on Friday, November 17. Credit Suisse has “Outperform” rating and $88 target. Cowen & Co maintained the shares of SPLK in report on Friday, August 18 with “Buy” rating. See Splunk Inc. (NASDAQ:SPLK) latest ratings:

27/04/2018 Broker: Wedbush Old Rating: Neutral New Rating: Outperform Old Target: $103 Upgrade
12/04/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $110 New Target: $115 Maintain
11/04/2018 Broker: Monness Crespi & Hardt Rating: Buy New Target: $132 Initiates Coverage On
28/03/2018 Broker: Wedbush Old Rating: Neutral New Rating: Neutral Old Target: $101 New Target: $103 Maintain
28/03/2018 Broker: Canaccord Genuity Rating: Buy New Target: $110.0000 Maintain
28/03/2018 Broker: Jefferies Rating: Buy New Target: $115.0000 Maintain
28/03/2018 Broker: Oppenheimer Rating: Buy New Target: $115.0000 Maintain
08/03/2018 Broker: Argus Research Old Rating: Hold New Rating: Buy Upgrade
02/03/2018 Broker: Rosenblatt Rating: Buy New Target: $115.0 Maintain
05/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $80 New Target: $100 Maintain

Nuveen Tax-Advantaged Total Return Strategy Fund (JTA) formed wedge down with $12.74 target or 6.00% below today’s $13.55 share price. Nuveen Tax-Advantaged Total Return Strategy Fund (JTA) has $187.57 million valuation. The stock decreased 0.66% or $0.09 during the last trading session, reaching $13.55. About 37,772 shares traded. Nuveen Tax-Advantaged Total Return Strategy Fund (NYSE:JTA) has risen 7.73% since May 16, 2017 and is uptrending. It has underperformed by 3.82% the S&P500.

Since December 10, 2017, it had 0 buys, and 15 insider sales for $19.16 million activity. STEIN LEONARD R sold $1.08 million worth of Splunk Inc. (NASDAQ:SPLK) on Tuesday, March 13. Campione Richard sold 7,500 shares worth $598,350. CONTE DAVID F sold $1.98 million worth of stock. Merritt Douglas sold $3.03M worth of stock or 28,513 shares. Another trade for 4,750 shares valued at $380,665 was sold by St. Ledger Susan. SMITH GRAHAM had sold 10,000 shares worth $1.07M on Thursday, March 15. 8,750 shares valued at $941,503 were sold by SULLIVAN GODFREY on Monday, March 12.

Splunk Inc. provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally. The company has market cap of $16.40 billion. The companyÂ’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source. It currently has negative earnings. It offers Splunk Enterprise, a machine data platform with collection, indexing, search, reporting, analysis, alerting, monitoring, and data management capabilities; and Splunk Cloud service.

The stock increased 0.87% or $0.98 during the last trading session, reaching $113.08. About 1.02 million shares traded. Splunk Inc. (NASDAQ:SPLK) has risen 63.75% since May 16, 2017 and is uptrending. It has outperformed by 52.20% the S&P500.

More recent Splunk Inc. (NASDAQ:SPLK) news were published by: Seekingalpha.com which released: “A Different Take On Splunk” on April 27, 2018. Also Fool.com published the news titled: “3 Growth Stocks for In-the-Know Investors” on May 11, 2018. Nasdaq.com‘s news article titled: “Is Splunk Stock a Buy?” with publication date: April 22, 2018 was also an interesting one.

Investors sentiment decreased to 1.38 in 2017 Q4. Its down 0.03, from 1.41 in 2017Q3. It dropped, as 31 investors sold Splunk Inc. shares while 97 reduced holdings. 76 funds opened positions while 100 raised stakes. 138.84 million shares or 2.97% less from 143.10 million shares in 2017Q3 were reported. American Registered Advisor has invested 0.27% in Splunk Inc. (NASDAQ:SPLK). 1,667 are owned by Ls Inv Advisors Lc. Wesbanco Fincl Bank Incorporated has invested 0.36% of its portfolio in Splunk Inc. (NASDAQ:SPLK). Tiaa Cref Investment Mgmt Lc holds 0.02% or 361,808 shares. Pub Employees Retirement Association Of Colorado reported 0.08% in Splunk Inc. (NASDAQ:SPLK). Amundi Pioneer Asset Inc has 0.05% invested in Splunk Inc. (NASDAQ:SPLK) for 375,713 shares. Veritable Lp holds 0.01% in Splunk Inc. (NASDAQ:SPLK) or 4,978 shares. Sandler Capital Mngmt owns 68,970 shares. 6,452 were accumulated by Glg Ltd Company. Nbw Cap Ltd Liability Co holds 54,643 shares or 1.19% of its portfolio. Winfield Assoc has 0.57% invested in Splunk Inc. (NASDAQ:SPLK) for 13,682 shares. Hall Laurie J Trustee has 0% invested in Splunk Inc. (NASDAQ:SPLK) for 50 shares. Toronto Dominion Savings Bank holds 0% or 8,156 shares in its portfolio. California State Teachers Retirement invested in 229,309 shares. 280 are owned by Financial Management.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.12, from 1.12 in 2017Q3. It turned negative, as 3 investors sold Nuveen Tax-Advantaged Total Return Strategy Fund shares while 14 reduced holdings. 7 funds opened positions while 10 raised stakes. 1.65 million shares or 13.64% less from 1.91 million shares in 2017Q3 were reported. Lpl Ltd Liability Corporation has invested 0% in Nuveen Tax-Advantaged Total Return Strategy Fund (NYSE:JTA). Northwestern Mutual Wealth Mgmt Commerce holds 0% of its portfolio in Nuveen Tax-Advantaged Total Return Strategy Fund (NYSE:JTA) for 166 shares. Stratos Wealth Partners Limited owns 4,230 shares. 124,005 were accumulated by Rmb Capital Mngmt Ltd Llc. Morgan Stanley invested 0% of its portfolio in Nuveen Tax-Advantaged Total Return Strategy Fund (NYSE:JTA). Cambridge Invest Research Advsrs invested in 17,282 shares. Raymond James reported 0% in Nuveen Tax-Advantaged Total Return Strategy Fund (NYSE:JTA). Legacy Private Company invested in 0.02% or 12,020 shares. 27,256 were reported by Cetera Advsrs Ltd Llc. Royal Bank & Trust Of Canada reported 0% of its portfolio in Nuveen Tax-Advantaged Total Return Strategy Fund (NYSE:JTA). Cohen And Steers Incorporated stated it has 104,483 shares. Invesco Ltd invested in 0% or 147,024 shares. 700 were reported by Financial Architects Inc. 143,875 are owned by Shaker Financial Ltd Liability. Stifel Fincl accumulated 13,684 shares.

Splunk Inc. (NASDAQ:SPLK) Institutional Positions Chart