(Ticker Report) – Patriot Financial Group Insurance Agency LLC acquired a new position in Cloudera, Inc. (NYSE:CLDR) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor acquired 16,957 shares of the company’s stock, valued at approximately $185,000.
Several other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Cloudera by 11.5% in the second quarter. Vanguard Group Inc. now owns 20,700,028 shares of the company’s stock worth $263,305,000 after purchasing an additional 2,141,511 shares during the last quarter. First Trust Advisors LP boosted its stake in Cloudera by 254.3% in the second quarter. First Trust Advisors LP now owns 14,109,858 shares of the company’s stock worth $179,477,000 after buying an additional 10,127,052 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Cloudera by 13.7% in the second quarter. Bank of New York Mellon Corp now owns 6,345,052 shares of the company’s stock worth $80,708,000 after buying an additional 762,963 shares in the last quarter. State Street Corp boosted its stake in Cloudera by 0.8% in the first quarter. State Street Corp now owns 5,165,185 shares of the company’s stock worth $40,650,000 after buying an additional 41,953 shares in the last quarter.
Finally, Geode Capital Management LLC boosted its stake in Cloudera by 11.2% in the first quarter. Geode Capital Management LLC now owns 3,486,140 shares of the company’s stock worth $27,435,000 after buying an additional 351,301 shares in the last quarter. Institutional investors own 78.04% of the company’s stock.
In other news, CAO Scott Reasoner sold 97,000 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $11.08, for a total value of $1,074,760.00. Following the completion of the sale, the chief accounting officer now directly owns 137,391 shares of the company’s stock, valued at approximately $1,522,292.28. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Arun Murthy sold 67,903 shares of the firm’s stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $11.93, for a total transaction of $810,082.79. Following the completion of the sale, the insider now directly owns 795,876 shares of the company’s stock, valued at $9,494,800.68. The disclosure for this sale can be found here. Company insiders own 16.10% of the company’s stock.
Shares of Cloudera stock opened at $10.36 on Friday. The business has a 50 day moving average of $10.94 and a 200 day moving average of $10.69. Cloudera, Inc. has a 52 week low of $4.76 and a 52 week high of $14.20. The company has a market cap of $3.20 billion, a PE ratio of -12.48 and a beta of 1.10.
Cloudera (NYSE:CLDR) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.03. Cloudera had a negative net margin of 28.80% and a negative return on equity of 11.29%. The business had revenue of $214.30 million for the quarter, compared to the consensus estimate of $208.09 million. During the same period in the previous year, the firm earned ($0.02) EPS. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. On average, equities analysts predict that Cloudera, Inc. will post -0.27 EPS for the current year.
Several brokerages have issued reports on CLDR. Northland Securities upped their target price on Cloudera from $11.00 to $13.00 and gave the stock a “market perform” rating in a research note on Thursday, September 3rd. Zacks Investment Research lowered Cloudera from a “hold” rating to a “sell” rating in a research note on Wednesday, August 5th. Needham & Company LLC reaffirmed a “hold” rating on shares of Cloudera in a research note on Tuesday, September 1st. Barclays upped their target price on Cloudera from $10.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 3rd. Finally, JMP Securities upped their target price on Cloudera from $17.00 to $19.00 and gave the stock a “market outperform” rating in a research note on Thursday, September 3rd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.71.
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.