Intellectus Partners LLC bought a new position in shares of Cloudera (NASDAQ:CLDR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 27,600 shares of the company’s stock, valued at approximately $442,000.

Other institutional investors have also recently bought and sold shares of the company. Nationwide Fund Advisors bought a new position in shares of Cloudera during the 2nd quarter worth approximately $131,000. Blume Capital Management Inc. bought a new position in shares of Cloudera during the 2nd quarter worth approximately $135,000. The Manufacturers Life Insurance Company bought a new position in shares of Cloudera during the 2nd quarter worth approximately $172,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Cloudera during the 2nd quarter worth approximately $190,000. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Cloudera during the 2nd quarter worth approximately $190,000.

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Cloudera (NASDAQ:CLDR) last posted its quarterly earnings results on Thursday, September 7th. The company reported ($0.17) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.25) by $0.08. The firm had revenue of $89.80 million for the quarter, compared to analysts’ expectations of $85.72 million. The company’s revenue for the quarter was up 39.2% compared to the same quarter last year.

CLDR has been the topic of several recent analyst reports. J P Morgan Chase & Co reissued an “overweight” rating and set a $24.00 target price (up previously from $20.00) on shares of Cloudera in a research report on Friday, September 8th. Zacks Investment Research raised shares of Cloudera from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research report on Tuesday. Stifel Nicolaus reissued a “buy” rating and set a $24.00 target price on shares of Cloudera in a research report on Friday, September 8th. Morgan Stanley reissued an “equal weight” rating and set a $18.00 target price (down previously from $20.00) on shares of Cloudera in a research report on Thursday, July 20th. Finally, BidaskClub raised shares of Cloudera from a “hold” rating to a “buy” rating in a research report on Wednesday, August 30th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $22.00.

In related news, Director Ping Li sold 6,528,862 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $15.79, for a total transaction of $103,090,730.98. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Greylock Xii Gp Llc sold 3,575,098 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $15.79, for a total transaction of $56,450,797.42. The disclosure for this sale can be found here.

Institutional Ownership by Quarter for Cloudera (NASDAQ:CLDR)

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