S&CO Inc. purchased a new position in shares of Cloudera Inc (NYSE:CLDR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,132 shares of the company’s stock, valued at approximately $432,000.
Other large investors have also recently made changes to their positions in the company. Hamilton Lane Advisors LLC acquired a new stake in Cloudera during the fourth quarter worth about $1,181,000. Schwab Charles Investment Management Inc. increased its stake in Cloudera by 629.8% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 409,176 shares of the company’s stock worth $6,760,000 after acquiring an additional 353,109 shares during the last quarter. Finally, Glynn Capital Management LLC acquired a new stake in Cloudera during the fourth quarter worth about $30,703,000. Institutional investors own 36.62% of the company’s stock.
In other news, VP Wayne Kimber sold 100,000 shares of the stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $17.92, for a total value of $1,792,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders sold 105,441 shares of company stock valued at $1,886,643.
Cloudera Inc (NYSE CLDR) traded down $0.23 during mid-day trading on Monday, hitting $18.45. The stock had a trading volume of 998,900 shares, compared to its average volume of 1,670,108. Cloudera Inc has a fifty-two week low of $14.50 and a fifty-two week high of $23.35. The firm has a market capitalization of $2,570.00 and a price-to-earnings ratio of -2.56.
Cloudera (NYSE:CLDR) last posted its earnings results on Thursday, December 7th. The company reported ($0.39) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.46) by $0.07. research analysts anticipate that Cloudera Inc will post -0.82 earnings per share for the current fiscal year.
Several brokerages have commented on CLDR. Zacks Investment Research lowered Cloudera from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. ValuEngine upgraded Cloudera from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st. Drexel Hamilton began coverage on Cloudera in a research note on Tuesday, December 19th. They set a “buy” rating for the company. Mizuho upgraded Cloudera from a “neutral” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Tuesday, January 9th. Finally, Needham & Company LLC initiated coverage on Cloudera in a research note on Friday, January 12th. They issued a “buy” rating and a $22.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $21.50.
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Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.
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