Moloney Securities Asset Management LLC lifted its position in shares of Cloudera Inc (NYSE:CLDR) by 3.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 71,587 shares of the company’s stock after buying an additional 2,500 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Cloudera were worth $833,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the company. Sei Investments Co. increased its stake in shares of Cloudera by 202.1% during the 4th quarter. Sei Investments Co. now owns 60,238 shares of the company’s stock valued at $698,000 after acquiring an additional 40,296 shares during the last quarter. Royce & Associates LP grew its holdings in shares of Cloudera by 1.0% during the 4th quarter. Royce & Associates LP now owns 525,100 shares of the company’s stock worth $6,107,000 after purchasing an additional 5,000 shares during the period. State Street Corp grew its holdings in shares of Cloudera by 2.9% during the 4th quarter. State Street Corp now owns 5,123,232 shares of the company’s stock worth $59,583,000 after purchasing an additional 144,662 shares during the period. Swiss National Bank grew its holdings in shares of Cloudera by 2.0% during the 4th quarter. Swiss National Bank now owns 419,913 shares of the company’s stock worth $4,884,000 after purchasing an additional 8,400 shares during the period. Finally, American International Group Inc. grew its holdings in shares of Cloudera by 1.1% during the 4th quarter. American International Group Inc. now owns 150,781 shares of the company’s stock worth $1,754,000 after purchasing an additional 1,697 shares during the period. 78.52% of the stock is owned by institutional investors and hedge funds.
In other Cloudera news, Director Robert G. Bearden sold 196,044 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $11.82, for a total value of $2,317,240.08. Following the transaction, the director now directly owns 438,880 shares of the company’s stock, valued at approximately $5,187,561.60. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Arun Murthy sold 171,364 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $11.39, for a total value of $1,951,835.96. Following the completion of the transaction, the insider now directly owns 710,022 shares in the company, valued at $8,087,150.58. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 369,130 shares of company stock worth $4,288,328. 17.90% of the stock is currently owned by corporate insiders.
A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on Cloudera from $9.00 to $11.00 and gave the stock a “neutral” rating in a report on Friday, December 6th. Barclays reiterated a “hold” rating and set a $11.00 target price on shares of Cloudera in a report on Sunday, December 8th. Morgan Stanley reiterated a “hold” rating and set a $12.00 target price on shares of Cloudera in a report on Friday, December 6th. Needham & Company LLC reiterated a “hold” rating on shares of Cloudera in a report on Monday, December 9th. Finally, ValuEngine cut Cloudera from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. Cloudera presently has an average rating of “Hold” and a consensus target price of $12.49.
NYSE CLDR opened at $10.93 on Friday. The stock has a market cap of $3.06 billion, a PE ratio of -7.64 and a beta of 1.00. Cloudera Inc has a fifty-two week low of $4.89 and a fifty-two week high of $15.43. The business has a 50 day moving average price of $11.24 and a two-hundred day moving average price of $9.32. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.14.
Cloudera (NYSE:CLDR) last released its quarterly earnings results on Thursday, December 5th. The company reported ($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.25) by $0.22. Cloudera had a negative return on equity of 19.40% and a negative net margin of 49.22%. The firm had revenue of $198.30 million during the quarter, compared to analysts’ expectations of $189.08 million. During the same quarter in the prior year, the business earned ($0.03) EPS. Cloudera’s quarterly revenue was up 67.8% compared to the same quarter last year. Sell-side analysts anticipate that Cloudera Inc will post -0.98 EPS for the current fiscal year.
Cloudera Company Profile
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.
Further Reading: Recession
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