Gilder Gagnon Howe & Co. LLC bought a new stake in Cloudera (NASDAQ:CLDR) during the second quarter, Holdings Channel reports. The fund bought 46,512 shares of the company’s stock, valued at approximately $745,000.

A number of other large investors have also added to or reduced their stakes in the company. Peregrine Capital Management LLC acquired a new stake in Cloudera during the second quarter valued at $12,932,000. Emerald Advisers Inc. PA acquired a new stake in Cloudera during the second quarter valued at $5,706,000. Emerald Mutual Fund Advisers Trust acquired a new stake in Cloudera during the second quarter valued at $4,648,000. Sei Investments Co. acquired a new stake in Cloudera during the second quarter valued at $2,318,000. Finally, Spark Investment Management LLC acquired a new stake in Cloudera during the second quarter valued at $1,036,000.

Cloudera (NASDAQ CLDR) opened at 16.89 on Friday. Cloudera has a 52 week low of $15.40 and a 52 week high of $23.35. The company’s market capitalization is $2.21 billion. The stock has a 50 day moving average price of $17.13 and a 200-day moving average price of $18.66.

Cloudera (NASDAQ:CLDR) last announced its earnings results on Thursday, June 8th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.36) by $0.09. The company had revenue of $79.60 million during the quarter, compared to analysts’ expectations of $75.85 million. On average, equities analysts predict that Cloudera will post ($1.05) earnings per share for the current fiscal year.

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Several equities research analysts have weighed in on CLDR shares. Raymond James Financial, Inc. started coverage on Cloudera in a research note on Tuesday, May 23rd. They set an “outperform” rating and a $23.00 target price for the company. JMP Securities started coverage on Cloudera in a research note on Tuesday, May 23rd. They set a “market perform” rating for the company. Stifel Nicolaus started coverage on Cloudera in a research note on Tuesday, May 23rd. They set a “buy” rating and a $24.00 target price for the company. Deutsche Bank AG started coverage on Cloudera in a research note on Tuesday, May 23rd. They set a “buy” rating and a $25.00 target price for the company. Finally, Morgan Stanley started coverage on Cloudera in a research note on Tuesday, May 23rd. They set an “equal weight” rating for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $22.86.

Want to see what other hedge funds are holding CLDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cloudera (NASDAQ:CLDR).

Institutional Ownership by Quarter for Cloudera (NASDAQ:CLDR)

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