Splunk Inc (NASDAQ:SPLK) CFO David F. Conte unloaded 5,000 shares of the company’s stock on the open market in a transaction dated Thursday, May 29th. The shares were sold at an average price of $49.94, for a total value of $249,700.00. Following the completion of the transaction, the chief financial officer now directly owns 107,500 shares in the company, valued at approximately $5,368,550. Splunk Inc (NASDAQ:SPLK) net profit margin is -26.10% and weekly performance is -8.50%. On last trading day company shares ended up $41.86. Analysts mean target price for the company is $93.35. Splunk Inc (NASDAQ:SPLK) distance from 50-day simple moving average (SMA50) is -29.33%.
On May 29, Fusion-IO, Inc. (NYSE:FIO) announced that its all-flashFusion ION Accelerator version 2.3 is now certified by SAP as an enterprise storage solution for the SAP HANA® platform. Using Fusion ION Accelerator with SAP HANA helps customers maximize mission- and business-critical application performance for data-intensive workloads. This certification enables Fusion-io to participate in SAP’s program for SAP HANA-tailored data center integration using its certified solution. Through participation in the program, customers can leverage their existing hardware and infrastruct Fusion-IO, Inc. (NYSE:FIO) shares fell -4.31% in last trading session and ended the day on $7.99. Gross Margin is 55.70% and its return on assets is -17.40%. Fusion-IO, Inc. (NYSE:FIO) quarterly performance is -27.16%.
On May 28, PC-Tel Inc (NASDAQ:PCTI) shares saw unusually-strong trading volume on Wednesday following insider buying activity, AnalystRatings.Net reports. Approximately 208,712 shares changed hands during mid-day trading, an increase of 178% from the previous session’s volume of 74,981 shares.The stock last traded at $7.15 and had previously closed at $7.09. PC Tel Inc (NASDAQ:PCTI) shares moved down -2.64% in last trading session and was closed at $7.00, while trading in range of $6.95 – $7.26. PC Tel Inc (NASDAQ:PCTI) year to date (YTD) performance is -26.16%.
On May 22, Goldman Sachs dropped their target price on shares of RingCentral Inc (NYSE:RNG) from $26.00 to $20.00 in a research note issued on Thursday. Goldman Sachs’ price objective would indicate a potential upside of 59.87% from the company’s current price. RingCentral Inc (NYSE:RNG) ended the last trading day at $12.17. Company weekly volatility is calculated as 4.45% and price to cash ratio as 4.89. RingCentral Inc (NYSE:RNG) showed a negative weekly performance of -0.33%.
Imation Corp. (NYSE:IMN) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at IMN given that, according to its RSI reading of 26.75, it is now in oversold territory. Imation Corp. (NYSE:IMN) net profit margin is -5.00% and weekly performance is -7.55%. On last trading day company shares ended up $3.43. Analysts mean target price for the company is $5.00. Imation Corp. (NYSE:IMN) distance from 50-day simple moving average (SMA50) is -28.45%.