1,858,542 Shares in Cloudera Inc (CLDR) Purchased by Glynn Capital Management LLC
Glynn Capital Management LLC acquired a new stake in shares of Cloudera Inc (NYSE:CLDR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 1,858,542 shares of the company’s stock, valued at approximately $30,703,000. Cloudera accounts for about 6.6% of Glynn Capital Management LLC’s portfolio, making the stock its 5th largest holding.
Several brokerages recently weighed in on CLDR. Mizuho raised shares of Cloudera from a “neutral” rating to a “buy” rating and set a $21.00 target price for the company in a report on Tuesday, January 9th. Zacks Investment Research raised shares of Cloudera from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Monday. Needham & Company LLC began coverage on shares of Cloudera in a report on Friday. They issued a “buy” rating and a $22.00 target price for the company. Citigroup raised shares of Cloudera from a “neutral” rating to a “buy” rating and upped their target price for the stock from $17.18 to $23.00 in a report on Wednesday, January 10th. Finally, ValuEngine raised shares of Cloudera from a “sell” rating to a “hold” rating in a report on Sunday, December 31st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Cloudera has an average rating of “Buy” and an average price target of $21.50.
In other Cloudera news, VP Wayne Kimber sold 1,666 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $17.45, for a total value of $29,071.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 105,441 shares of company stock worth $1,886,643.
Cloudera Inc (CLDR) opened at $18.14 on Tuesday. Cloudera Inc has a 1-year low of $14.50 and a 1-year high of $23.35.
Cloudera (NYSE:CLDR) last announced its quarterly earnings results on Thursday, December 7th. The company reported ($0.39) EPS for the quarter, topping the consensus estimate of ($0.46) by $0.07. sell-side analysts anticipate that Cloudera Inc will post -0.82 earnings per share for the current fiscal year.
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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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