(Ticker Report) – Cloudera logoRobeco Institutional Asset Management B.V. lowered its position in Cloudera, Inc. (NYSE:CLDR) by 26.5% in the third quarter, HoldingsChannel.com reports. The fund owned 266,817 shares of the company’s stock after selling 96,194 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Cloudera were worth $2,906,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the company. NEXT Financial Group Inc bought a new position in shares of Cloudera in the third quarter valued at approximately $67,000. Patriot Financial Group Insurance Agency LLC bought a new position in shares of Cloudera in the third quarter valued at approximately $185,000. Cerebellum GP LLC bought a new position in shares of Cloudera in the third quarter valued at approximately $65,000. Peregrine Capital Management LLC raised its stake in shares of Cloudera by 9.4% in the third quarter. Peregrine Capital Management LLC now owns 813,603 shares of the company’s stock valued at $8,860,000 after acquiring an additional 69,570 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in shares of Cloudera by 74.0% in the third quarter. Nisa Investment Advisors LLC now owns 13,360 shares of the company’s stock valued at $145,000 after acquiring an additional 5,680 shares during the last quarter. Institutional investors own 78.04% of the company’s stock.
A number of analysts recently weighed in on CLDR shares. Barclays raised their price target on shares of Cloudera from $10.00 to $13.00 and gave the company an “equal weight” rating in a report on Thursday, September 3rd. Morgan Stanley raised their price target on shares of Cloudera from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, September 3rd. Zacks Investment Research lowered shares of Cloudera from a “hold” rating to a “sell” rating in a report on Wednesday, August 5th. Northland Securities raised their price target on shares of Cloudera from $11.00 to $13.00 and gave the company a “market perform” rating in a report on Thursday, September 3rd. Finally, Needham & Company LLC reissued a “hold” rating on shares of Cloudera in a report on Tuesday, September 1st. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. Cloudera currently has a consensus rating of “Hold” and a consensus price target of $12.71.
In related news, CAO Scott Reasoner sold 97,000 shares of the business’s stock in a transaction on 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 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Arun Murthy sold 67,903 shares of the business’s stock in a transaction on Tuesday, October 13th. The shares were 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 in the company, valued at $9,494,800.68. The disclosure for this sale can be found here. 16.10% of the stock is owned by insiders.
Shares of CLDR stock opened at $10.48 on Friday. Cloudera, Inc. has a 12-month low of $4.76 and a 12-month high of $14.20. The firm has a market capitalization of $3.28 billion, a price-to-earnings ratio of -12.63 and a beta of 1.13. The firm has a fifty day moving average of $10.63 and a 200-day moving average of $10.82.
Cloudera (NYSE:CLDR) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported $0.10 earnings per share (EPS) for the quarter, beating the 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 company had revenue of $214.30 million during the quarter, compared to analyst estimates of $208.09 million. During the same quarter in the previous year, the business earned ($0.02) EPS. The firm’s revenue was up 8.8% on a year-over-year basis. Sell-side analysts predict that Cloudera, Inc. will post -0.27 earnings per share for the current year.
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.