Cloudera Inc (NYSE:CLDR) Director Kevin Klausmeyer sold 41,513 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.34, for a total transaction of $512,270.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
NYSE:CLDR opened at $12.72 on Wednesday. Cloudera Inc has a 1 year low of $4.76 and a 1 year high of $13.93. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of -12.47 and a beta of 1.01. The stock has a fifty day moving average price of $10.82 and a two-hundred day moving average price of $9.89. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.22 and a current ratio of 1.22.
Cloudera (NYSE:CLDR) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.20. The firm had revenue of $210.46 million for the quarter, compared to analyst estimates of $204.65 million. Cloudera had a negative return on equity of 14.73% and a negative net margin of 35.67%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the company earned ($0.13) EPS. On average, analysts predict that Cloudera Inc will post -0.31 EPS for the current year.
CLDR has been the topic of several recent research reports. Needham & Company LLC initiated coverage on shares of Cloudera in a report on Wednesday, June 10th. They set a “hold” rating on the stock. Barclays lowered their target price on shares of Cloudera from $13.00 to $10.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 11th. Morgan Stanley upgraded shares of Cloudera from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $8.00 to $14.00 in a research note on Wednesday, June 3rd. Wedbush reissued a “hold” rating and set a $12.00 price target on shares of Cloudera in a research report on Wednesday, March 11th. Finally, Zacks Investment Research lowered shares of Cloudera from a “buy” rating to a “hold” rating in a report on Thursday, June 4th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $11.93.
Hedge funds have recently bought and sold shares of the business. BNP Paribas Arbitrage SA increased its holdings in Cloudera by 166.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 90,940 shares of the company’s stock worth $716,000 after purchasing an additional 56,826 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Cloudera by 25.1% during the 1st quarter. Wells Fargo & Company MN now owns 3,285,639 shares of the company’s stock worth $25,858,000 after purchasing an additional 658,480 shares during the last quarter. Robeco Institutional Asset Management B.V. purchased a new stake in Cloudera during the 1st quarter worth approximately $2,696,000. Commonwealth Equity Services LLC acquired a new position in shares of Cloudera in the 1st quarter worth approximately $153,000. Finally, BlackRock Inc. grew its position in shares of Cloudera by 1.3% in the 1st quarter. BlackRock Inc. now owns 21,381,416 shares of the company’s stock worth $168,272,000 after acquiring an additional 274,410 shares in the last quarter. Institutional investors own 74.05% of the company’s stock.
Cloudera, Inc provides a suite of data analytics and management products in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. It offers Cloudera Enterprise Data Hub that allows companies to execute various analytic functions against a shared set of governed and secures data in public and private clouds, and data centers; Cloudera Data Warehouse, a hybrid cloud solution for self-service analytics; Cloudera Data Science and Engineering enables users to streamline, simplify, and scale big data processing; and Cloudera Operational DB that enables stream processing and real-time analytics on continuously changing data.
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