Buffett Dumps $982 Million in BofA Stock—What Does He Know?

Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.

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Douglas Merritt Biography and Net Worth

CEO of Splunk

Doug Merritt has served as our President, Chief Executive Officer and a member of our board of directors since 2015. Mr. Merritt served as our Senior Vice President of Field Operations from 2014 to 2015. Prior to joining Splunk, Mr. Merritt served as Senior Vice President of Products and Solutions Marketing at Cisco Systems, Inc., a networking company, from 2012 to 2014. From 2011 to 2012, he served as Chief Executive Officer of Baynote, Inc., a behavioral personalization and marketing technology company. Previously, Mr. Merritt served in a number of executive roles and as a member of the extended Executive Board at SAP A.G., an enterprise software company, from 2005 to 2011. From 2001 to 2004, Mr. Merritt served as Group Vice President and General Manager of the Human Capital Management Product Division at PeopleSoft Inc., a software company (acquired by Oracle Corporation). He also co-founded and served as Chief Executive Officer of Icarian, Inc., a cloud-based company (since acquired by Workstream Corp.), from 1996 to 2001. Mr. Merritt has served as a member of the board of Dragoneer Growth Opportunities Corp., a special purchase acquisition company, since 2020. Mr. Merritt holds a B.S. from The University of the Pacific in Stockton, California.

What is Douglas Merritt's net worth?: The estimated net worth of Douglas Merritt is at least $50.79 million as of April 12th, 2021. Mr. Merritt owns 323,684 shares of Splunk stock worth more than $50,786,020 as of November 23rd. This net worth estimate does not reflect any other investments that Mr. Merritt may own. Learn More about Douglas Merritt's net worth.
How do I contact Douglas Merritt?: The corporate mailing address for Mr. Merritt and other Splunk executives is 270 BRANNAN STREET, SAN FRANCISCO CA, 94107. Splunk can also be reached via phone at (415) 848-8400 and via email at [email protected]. Learn More on Douglas Merritt's contact information.
Has Douglas Merritt been buying or selling shares of Splunk?: Douglas Merritt has not been actively trading shares of Splunk during the last ninety days. Most recently, Douglas Merritt sold 27,526 shares of the business's stock in a transaction on Thursday, September 16th. The shares were sold at an average price of $151.55, for a transaction totalling $4,171,565.30. Learn More on Douglas Merritt's trading history.
Who are Splunk's active insiders?: Splunk's insider roster includes Shawn Bice (Insider), Jason Child (CFO), Timothy Emanuelson (CAO), Douglas Merritt (CEO), Scott Morgan (SVP), Graham Smith (Director), Susan St. Ledger (Insider), Elisa Steele (Director), Gary Steele (CEO), Godfrey Sullivan (Director), and Timothy Tully (SVP). Learn More on Splunk's active insiders.
Are insiders buying or selling shares of Splunk?: During the last twelve months, insiders at the software company sold shares 1 times. They sold a total of 5,017 shares worth more than $763,988.76. The most recent insider tranaction occured on January, 9th when SVP Scott Morgan sold 5,017 shares worth more than $763,988.76. Insiders at Splunk own 0.2% of the company. Learn More about insider trades at Splunk.
Information on this page was last updated on 1/9/2024.

Douglas Merritt Insider Trading History at Splunk

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/16/2021	Sell	27,526	$151.55	$4,171,565.30
6/16/2021	Sell	7,561	$122.64	$927,281.04
4/12/2021	Sell	15,456	$145.00	$2,241,120.00	323,684
4/5/2021	Sell	8,114	$138.48	$1,123,626.72	341,240
3/16/2021	Sell	11,222	$140.83	$1,580,394.26	252,826
12/16/2020	Sell	16,497	$161.20	$2,659,316.40	240,866
9/16/2020	Sell	18,862	$183.02	$3,452,123.24	266,868
9/14/2020	Sell	14,634	$186.92	$2,735,387.28	289,202
8/31/2020	Sell	13,709	$218.10	$2,989,932.90
6/12/2020	Sell	16,805	$178.88	$3,006,078.40	312,540
4/14/2020	Sell	6,563	$130.00	$853,190.00	309,083
4/1/2020	Sell	3,381	$118.19	$399,600.39	317,927
3/30/2020	Sell	10,762	$126.87	$1,365,374.94	246,962
3/26/2020	Sell	13,600	$130.00	$1,768,000.00	246,962
3/16/2020	Sell	7,001	$100.07	$700,590.07	267,563
12/11/2019	Sell	14,894	$146.15	$2,176,758.10	240,293
9/12/2019	Sell	13,341	$115.20	$1,536,883.20
6/12/2019	Sell	13,342	$115.21	$1,537,131.82	296,211
4/5/2019	Sell	12,715	$126.76	$1,611,753.40	313,286
3/13/2019	Sell	16,004	$125.09	$2,001,940.36	195,302
12/12/2018	Sell	11,883	$106.94	$1,270,768.02	231,532
9/12/2018	Sell	23,572	$124.58	$2,936,599.76
6/13/2018	Sell	32,949	$117.90	$3,884,687.10	293,095
4/5/2018	Sell	33,734	$98.71	$3,329,883.14	318,894
4/3/2018	Sell	16,677	$97.66	$1,628,675.82	318,894
3/14/2018	Sell	28,513	$106.30	$3,030,931.90	187,079
12/13/2017	Sell	10,126	$80.05	$810,586.30	189,079
9/13/2017	Sell	10,125	$67.53	$683,741.25	210,260
6/14/2017	Sell	10,125	$58.01	$587,351.25	231,440
4/5/2017	Sell	14,867	$61.83	$919,226.61	252,620
3/14/2017	Sell	14,097	$60.78	$856,815.66	180,075
12/14/2016	Sell	6,155	$56.62	$348,496.10	151,242
9/14/2016	Sell	6,155	$58.10	$357,605.50	164,117
12/11/2015	Sell	9,375	$54.81	$513,843.75	119,767
9/11/2015	Sell	9,375	$59.30	$555,937.50	128,634

Douglas Merritt Buying and Selling Activity at Splunk

Splunk Company Overview

Splunk Inc., together with its subsidiaries, develops and markets cloud services and licensed software solutions in the United States and internationally. The company offers unified security and observability platform, including Splunk Security that helps security leaders fortify their organization's digital resilience by mitigating cyber risk and meeting compliance requirements; and Splunk Observability, which provides visibility across the full stack of infrastructure, applications, and the digital customer experience. It also provides application programming interfaces, software development kits, and other interfaces that enables its network of third-party developers, partners, and customers to build content, including pre-built data inputs, workflows, searches, reports, alerts, custom dashboards, flexible user interface components, custom data visualizations, and integration actions and methods that configures and extends its solutions to accommodate specific use cases. In addition, the company offers adoption and implementation, education, and customer support services. It sells its offerings directly through field and inside sales, and indirectly through various routes to market with various partners. Splunk Inc. was incorporated in 2003 and is headquartered in San Francisco, California. As of March 18, 2024, Splunk Inc. operates as a subsidiary of Cisco Systems, Inc.

Today's Range

Now: $156.90

$156.90

50 Day Range

MA: $156.84

$156.21

$156.90

2 Week Range

Now: $156.90

$82.19

$156.97

Volume

200 shs

Average Volume

2,084,977 shs

Market Capitalization

$26.44 billion

P/E Ratio

124.52

Dividend Yield

N/A

Beta