Cloudera Inc (NYSE:CLDR) insider Michael Olson sold 27,619 shares of the business’s stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $18.22, for a total transaction of $503,218.18. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Michael Olson also recently made the following trade(s):

  • On Wednesday, August 29th, Michael Olson sold 27,619 shares of Cloudera stock. The stock was sold at an average price of $14.74, for a total transaction of $407,104.06.
  • On Wednesday, August 1st, Michael Olson sold 27,619 shares of Cloudera stock. The stock was sold at an average price of $13.75, for a total transaction of $379,761.25.
  • On Wednesday, July 18th, Michael Olson sold 27,619 shares of Cloudera stock. The stock was sold at an average price of $14.73, for a total transaction of $406,827.87.
  • On Thursday, July 5th, Michael Olson sold 27,619 shares of Cloudera stock. The stock was sold at an average price of $13.92, for a total transaction of $384,456.48.
  • On Wednesday, June 20th, Michael Olson sold 27,619 shares of Cloudera stock. The stock was sold at an average price of $15.52, for a total transaction of $428,646.88.

CLDR stock opened at $18.57 on Friday. The stock has a market cap of $2.78 billion, a P/E ratio of -5.75 and a beta of 0.94. Cloudera Inc has a 52 week low of $12.57 and a 52 week high of $22.42.

Cloudera (NYSE:CLDR) last released its quarterly earnings data on Wednesday, September 5th. The company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.07. Cloudera had a negative net margin of 44.68% and a negative return on equity of 58.05%. The firm had revenue of $110.30 million for the quarter, compared to the consensus estimate of $107.68 million. During the same quarter in the previous year, the firm earned ($0.17) earnings per share. The firm’s revenue was up 22.8% on a year-over-year basis. analysts forecast that Cloudera Inc will post -1.16 EPS for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in CLDR. Wells Fargo & Company MN lifted its holdings in shares of Cloudera by 30.7% in the first quarter. Wells Fargo & Company MN now owns 86,831 shares of the company’s stock valued at $1,874,000 after purchasing an additional 20,384 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Cloudera by 5.1% in the first quarter. Rhumbline Advisers now owns 90,197 shares of the company’s stock valued at $1,946,000 after purchasing an additional 4,356 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Cloudera in the first quarter valued at about $138,000. State Board of Administration of Florida Retirement System lifted its holdings in shares of Cloudera by 23.0% in the first quarter. State Board of Administration of Florida Retirement System now owns 31,267 shares of the company’s stock valued at $675,000 after purchasing an additional 5,845 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Cloudera by 5.9% in the first quarter. Schwab Charles Investment Management Inc. now owns 433,499 shares of the company’s stock valued at $9,355,000 after purchasing an additional 24,323 shares in the last quarter. 73.67% of the stock is currently owned by institutional investors.

A number of analysts recently commented on the stock. Zacks Investment Research raised shares of Cloudera from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Tuesday, June 19th. BTIG Research assumed coverage on shares of Cloudera in a report on Wednesday. They set a “buy” rating on the stock. Rosenblatt Securities assumed coverage on shares of Cloudera in a report on Monday, July 9th. They set a “neutral” rating and a $17.00 price objective on the stock. Stifel Nicolaus boosted their price objective on shares of Cloudera from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Thursday, September 6th. Finally, Citigroup boosted their price objective on shares of Cloudera from $21.00 to $24.00 and gave the stock a “buy” rating in a report on Monday, September 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $19.23.

About Cloudera

Cloudera, Inc provides platform for machine learning and analytics in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. Its platform delivers an integrated suite of capabilities for data management, machine learning, and analytics to customers for transforming their businesses.

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Insider Buying and Selling by Quarter for Cloudera (NYSE:CLDR)

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