Moloney Securities Asset Management LLC lifted its position in Cloudera Inc (NYSE:CLDR) by 37.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,087 shares of the company’s stock after buying an additional 19,000 shares during the period. Moloney Securities Asset Management LLC’s holdings in Cloudera were worth $612,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC increased its holdings in shares of Cloudera by 170.1% during the third quarter. Truvestments Capital LLC now owns 3,517 shares of the company’s stock worth $31,000 after purchasing an additional 2,215 shares during the period. Lindbrook Capital LLC bought a new position in Cloudera in the third quarter valued at approximately $35,000. Strs Ohio acquired a new stake in Cloudera in the third quarter valued at approximately $39,000. AdvisorNet Financial Inc acquired a new stake in Cloudera in the third quarter valued at approximately $40,000. Finally, Quadrant Capital Group LLC boosted its position in Cloudera by 2,485.8% in the third quarter. Quadrant Capital Group LLC now owns 5,094 shares of the company’s stock valued at $44,000 after buying an additional 4,897 shares in the last quarter. Institutional investors and hedge funds own 67.24% of the company’s stock.
In other Cloudera news, CAO Scott Reasoner sold 7,688 shares of Cloudera stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $6.46, for a total value of $49,664.48. Following the completion of the sale, the chief accounting officer now directly owns 121,206 shares of the company’s stock, valued at $782,990.76. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Carl C. Icahn purchased 439,914 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was bought at an average cost of $5.00 per share, with a total value of $2,199,570.00. Over the last ninety days, insiders sold 26,413 shares of company stock valued at $197,385. Insiders own 17.90% of the company’s stock.
Shares of NYSE:CLDR traded down $0.07 during mid-day trading on Thursday, reaching $8.65. 33,966 shares of the company’s stock were exchanged, compared to its average volume of 3,224,575. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of -7.59 and a beta of 0.81. The business’s fifty day moving average price is $8.74 and its 200-day moving average price is $7.86. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.37 and a current ratio of 1.37. Cloudera Inc has a twelve month low of $4.89 and a twelve month high of $15.43.
Cloudera (NYSE:CLDR) last issued its quarterly earnings results on Wednesday, September 4th. The company reported ($0.24) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.02. Cloudera had a negative net margin of 46.72% and a negative return on equity of 21.07%. The company had revenue of $196.70 million for the quarter, compared to analyst estimates of $182.31 million. During the same quarter in the previous year, the business earned ($0.08) earnings per share. Cloudera’s revenue was up 78.3% compared to the same quarter last year. Analysts predict that Cloudera Inc will post -1.05 EPS for the current fiscal year.
CLDR has been the topic of a number of research analyst reports. DA Davidson raised their target price on shares of Cloudera to $11.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. Needham & Company LLC restated a “hold” rating on shares of Cloudera in a research report on Wednesday, September 25th. Citigroup raised their target price on shares of Cloudera from $7.50 to $8.00 and gave the company a “neutral” rating in a research report on Thursday, September 5th. JMP Securities upgraded shares of Cloudera from a “market perform” rating to an “outperform” rating and set a $12.00 target price on the stock in a research report on Thursday, September 5th. Finally, Barclays restated a “hold” rating and issued a $10.00 target price on shares of Cloudera in a research report on Friday, September 6th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $11.58.
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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