Cloudera Inc (NYSE:CLDR) was the target of unusually large options trading activity on Thursday. Stock traders bought 13,318 put options on the company. This is an increase of 1,471% compared to the typical daily volume of 848 put options.

CLDR opened at $11.71 on Friday. Cloudera has a 1-year low of $10.07 and a 1-year high of $22.42. The company has a market capitalization of $2.20 billion, a PE ratio of -3.63 and a beta of 1.69.

Cloudera (NYSE:CLDR) last posted its quarterly earnings results on Wednesday, March 13th. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.16). Cloudera had a negative net margin of 35.63% and a negative return on equity of 50.68%. The company had revenue of $144.50 million during the quarter, compared to analyst estimates of $209.29 million. During the same quarter in the previous year, the business posted ($0.10) earnings per share. The company’s revenue for the quarter was up 39.6% on a year-over-year basis. Sell-side analysts anticipate that Cloudera will post -0.98 earnings per share for the current year.

CLDR has been the topic of a number of recent research reports. Wells Fargo & Co initiated coverage on shares of Cloudera in a research report on Tuesday, January 22nd. They set an “outperform” rating and a $20.00 price target on the stock. ValuEngine lowered shares of Cloudera from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. Northland Securities initiated coverage on shares of Cloudera in a research report on Wednesday, January 9th. They set an “outperform” rating and a $15.00 price target on the stock. Zacks Investment Research raised shares of Cloudera from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Monday, February 11th. Finally, Barclays initiated coverage on shares of Cloudera in a research report on Monday. They set an “equal weight” rating and a $16.00 price target on the stock. Nine investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $19.44.

A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. boosted its position in Cloudera by 7.2% during the 3rd quarter. BlackRock Inc. now owns 19,325,728 shares of the company’s stock worth $341,098,000 after buying an additional 1,292,651 shares during the period. Vanguard Group Inc. raised its holdings in Cloudera by 4.9% during the 3rd quarter. Vanguard Group Inc. now owns 9,969,420 shares of the company’s stock worth $175,960,000 after purchasing an additional 468,635 shares during the last quarter. Vanguard Group Inc raised its holdings in Cloudera by 4.9% during the 3rd quarter. Vanguard Group Inc now owns 9,969,420 shares of the company’s stock worth $175,960,000 after purchasing an additional 468,635 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Cloudera by 13.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,479,746 shares of the company’s stock worth $61,418,000 after purchasing an additional 403,344 shares during the last quarter. Finally, Carmignac Gestion raised its holdings in Cloudera by 18.0% during the 4th quarter. Carmignac Gestion now owns 2,854,768 shares of the company’s stock worth $31,574,000 after purchasing an additional 436,089 shares during the last quarter. Institutional investors and hedge funds own 83.05% of the company’s stock.

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Cloudera Company Profile

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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