UBS Oconnor LLC lifted its holdings in Cloudera Inc (NYSE:CLDR) by 3.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,860,000 shares of the company’s stock after acquiring an additional 67,187 shares during the period. UBS Oconnor LLC’s holdings in Cloudera were worth $9,784,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in shares of Cloudera in the second quarter worth $51,000. Tower Research Capital LLC TRC increased its position in shares of Cloudera by 457.4% in the second quarter. Tower Research Capital LLC TRC now owns 11,985 shares of the company’s stock worth $63,000 after acquiring an additional 9,835 shares in the last quarter. Spearhead Capital Advisors LLC acquired a new stake in shares of Cloudera in the second quarter worth $65,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Cloudera in the second quarter worth $73,000. Finally, Evolution Wealth Advisors LLC acquired a new stake in shares of Cloudera in the first quarter worth $84,000. 67.54% of the stock is owned by institutional investors.
In other Cloudera news, insider Scott Reasoner sold 10,260 shares of the stock in a transaction on Friday, August 9th. The shares were sold at an average price of $6.99, for a total transaction of $71,717.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Carl C. Icahn acquired 439,914 shares of Cloudera stock in a transaction on Monday, September 9th. The shares were bought at an average price of $5.00 per share, for a total transaction of $2,199,570.00. Over the last ninety days, insiders have sold 45,165 shares of company stock valued at $272,716. Company insiders own 17.90% of the company’s stock.
CLDR traded down $0.06 during trading hours on Thursday, reaching $8.68. 5,694,887 shares of the stock traded hands, compared to its average volume of 11,374,482. The firm’s fifty day simple moving average is $7.29 and its two-hundred day simple moving average is $8.69. The company has a market cap of $2.44 billion, a price-to-earnings ratio of -7.61 and a beta of 0.77. Cloudera Inc has a fifty-two week low of $4.89 and a fifty-two week high of $20.18. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.37 and a quick ratio of 1.37.
Cloudera (NYSE:CLDR) last released its quarterly earnings results on Wednesday, September 4th. The company reported ($0.24) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.26) by $0.02. The business had revenue of $196.70 million during the quarter, compared to analyst estimates of $182.31 million. Cloudera had a negative net margin of 46.72% and a negative return on equity of 21.07%. The business’s revenue was up 78.3% on a year-over-year basis. During the same period last year, the business earned ($0.08) EPS. On average, research analysts predict that Cloudera Inc will post -1.04 earnings per share for the current year.
CLDR has been the subject of several recent research reports. Craig Hallum dropped their price objective on shares of Cloudera from $22.00 to $14.00 and set an “in-line” rating for the company in a research report on Thursday, June 6th. Citigroup increased their price objective on shares of Cloudera from $7.50 to $8.00 and gave the stock a “neutral” rating in a research report on Thursday, September 5th. Northland Securities reissued a “buy” rating and issued a $12.00 price objective on shares of Cloudera in a research report on Thursday, June 6th. Bank of America lowered shares of Cloudera from a “neutral” rating to an “underperform” rating in a research report on Thursday, June 6th. Finally, Barclays reissued a “hold” rating and issued a $10.00 price objective on shares of Cloudera in a research report on Friday, September 6th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $12.45.
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.
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