Insider Selling: Cloudera (CLDR) Insider Sells 27,619 Shares of Stock

Cloudera (NYSE:CLDR) insider Michael Olson sold 27,619 shares of the business’s stock in a transaction that occurred on Wednesday, May 23rd. The stock was sold at an average price of $16.20, for a total value of $447,427.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Michael Olson also recently made the following trade(s):

  • On Wednesday, May 9th, Michael Olson sold 27,619 shares of Cloudera stock. The stock was sold at an average price of $15.88, for a total value of $438,589.72.
  • On Wednesday, April 25th, Michael Olson sold 27,619 shares of Cloudera stock. The stock was sold at an average price of $14.17, for a total value of $391,361.23.
  • On Wednesday, April 11th, Michael Olson sold 55,238 shares of Cloudera stock. The stock was sold at an average price of $16.89, for a total value of $932,969.82.

NYSE:CLDR traded down $0.17 during midday trading on Thursday, hitting $15.93. 1,294,700 shares of the stock were exchanged, compared to its average volume of 1,968,365. Cloudera has a one year low of $12.57 and a one year high of $23.32. The stock has a market cap of $2.40 billion and a price-to-earnings ratio of -4.93.

Cloudera (NYSE:CLDR) last announced its earnings results on Tuesday, April 3rd. The company reported ($0.10) EPS for the quarter, topping the Thomson Reuters’ 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 for the quarter, compared to analysts’ expectations of $98.63 million. The company’s revenue was up 42.2% on a year-over-year basis. equities analysts predict that Cloudera will post -1.38 earnings per share for the current fiscal year.

CLDR has been the subject of several analyst reports. Mizuho reduced their price objective on Cloudera from $24.00 to $23.00 and set a “buy” rating for the company in a research report on Wednesday, April 4th. Needham & Company LLC dropped their target price on Cloudera from $26.00 to $22.00 and set a “positive” rating on the stock in a report on Wednesday, April 4th. Morgan Stanley cut Cloudera from a “hold” rating to a “neutral” rating in a report on Thursday, April 5th. Craig Hallum began coverage on Cloudera in a report on Monday, May 7th. They set a “buy” rating and a $20.00 target price on the stock. Finally, Stifel Nicolaus dropped their target price on Cloudera from $24.00 to $19.00 and set a “buy” rating on the stock in a report on Wednesday, April 4th. Eight analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $20.27.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. bought a new position in shares of Cloudera in the first quarter valued at $220,000. Legal & General Group Plc increased its holdings in shares of Cloudera by 58.7% in the first quarter. Legal & General Group Plc now owns 37,801 shares of the company’s stock valued at $816,000 after buying an additional 13,975 shares in the last quarter. Contour Asset Management LLC bought a new position in shares of Cloudera in the first quarter valued at $36,468,000. Park West Asset Management LLC increased its holdings in shares of Cloudera by 21.4% in the first quarter. Park West Asset Management LLC now owns 364,071 shares of the company’s stock valued at $7,857,000 after buying an additional 64,071 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Cloudera in the first quarter valued at $414,000. 77.63% of the stock is currently owned by institutional investors.

Cloudera Company Profile

Cloudera, Inc provides platform for machine learning and analytics in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. Its platform delivers an integrated suite of capabilities for data management, machine learning, and analytics to customers for transforming their businesses.

Insider Buying and Selling by Quarter for Cloudera (NYSE:CLDR)

Receive News & Ratings for Cloudera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloudera and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply