Deutsche Bank AG Buys 112,017 Shares of Cloudera Inc (CLDR)

Deutsche Bank AG boosted its stake in shares of Cloudera Inc (NYSE:CLDR) by 98.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,895 shares of the company’s stock after purchasing an additional 112,017 shares during the quarter. Deutsche Bank AG owned about 0.16% of Cloudera worth $3,729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Amalgamated Bank bought a new stake in Cloudera during the fourth quarter valued at about $220,000. Greylock Xii GP LLC purchased a new stake in Cloudera in the fourth quarter valued at about $111,425,000. Schwab Charles Investment Management Inc. raised its stake in Cloudera by 629.8% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 409,176 shares of the company’s stock valued at $6,760,000 after buying an additional 353,109 shares during the last quarter. BlackRock Inc. raised its stake in Cloudera by 129.4% in the fourth quarter. BlackRock Inc. now owns 15,956,433 shares of the company’s stock valued at $263,600,000 after buying an additional 9,001,771 shares during the last quarter. Finally, Glynn Capital Management LLC purchased a new stake in Cloudera in the fourth quarter valued at about $30,703,000. 74.75% of the stock is currently owned by institutional investors.

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A number of research firms have commented on CLDR. Zacks Investment Research cut Cloudera from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. DA Davidson began coverage on Cloudera in a research note on Friday, March 9th. They issued a “neutral” rating and a $21.00 price target for the company. Mizuho decreased their price target on Cloudera from $23.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, April 13th. Deutsche Bank cut Cloudera from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a research note on Wednesday, April 4th. Finally, ValuEngine upgraded Cloudera from a “sell” rating to a “hold” rating in a research note on Wednesday, February 7th. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Cloudera currently has an average rating of “Hold” and an average target price of $20.30.

In other news, Director Michael A. Stankey acquired 25,000 shares of Cloudera stock in a transaction dated Monday, April 9th. The stock was purchased at an average cost of $12.99 per share, for a total transaction of $324,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael Olson sold 55,238 shares of the firm’s stock in a transaction dated Wednesday, April 11th. The stock was sold at an average price of $16.89, for a total value of $932,969.82. The disclosure for this sale can be found here.

Shares of NYSE:CLDR opened at $14.91 on Thursday. Cloudera Inc has a 52-week low of $12.57 and a 52-week high of $23.35. The stock has a market capitalization of $1,980.09 and a PE ratio of -4.62.

Cloudera (NYSE:CLDR) last announced its quarterly earnings data on Tuesday, April 3rd. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.12. Cloudera had a negative return on equity of 154.35% and a negative net margin of 104.99%. The firm had revenue of $103.50 million during the quarter, compared to analysts’ expectations of $98.63 million. Cloudera’s revenue was up 42.2% on a year-over-year basis. research analysts anticipate that Cloudera Inc will post -1.06 EPS for the current year.

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Cloudera Company Profile

Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.

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Institutional Ownership by Quarter for Cloudera (NYSE:CLDR)

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