Confluent (NASDAQ:CFLT) CAO Kong Phan Sells 2,277 Shares

Confluent, Inc. (NASDAQ:CFLT) CAO Kong Phan sold 2,277 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $30.70, for a total value of $69,903.90. Following the sale, the chief accounting officer owned 218,228 shares in the company, valued at approximately $6,699,599.60. This represents a 1.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Kong Phan also recently made the following trade(s):

• On Monday, December 22nd, Kong Phan sold 4,545 shares of Confluent stock. The stock was sold at an average price of $29.96, for a total value of $136,168.20.
• On Monday, December 8th, Kong Phan sold 3,841 shares of Confluent stock. The shares were sold at an average price of $29.84, for a total transaction of $114,615.44.

Confluent Trading Down 0.2%

Shares of CFLT stock opened at $30.63 on Wednesday. The firm has a fifty day moving average of $30.39 and a 200-day moving average of $24.73. The stock has a market cap of $10.95 billion, a price-to-earnings ratio of -35.62 and a beta of 0.95. Confluent, Inc. has a 52-week low of $15.64 and a 52-week high of $33.00. The company has a debt-to-equity ratio of 0.94, a quick ratio of 3.83 and a current ratio of 3.83.

Confluent (NASDAQ:CFLT) last posted its earnings results on Wednesday, February 11th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $314.82 million for the quarter, compared to analysts’ expectations of $308.03 million. Confluent had a negative net margin of 25.31% and a negative return on equity of 22.66%. The firm’s revenue for the quarter was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 earnings per share. On average, equities research analysts forecast that Confluent, Inc. will post -0.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

CFLT has been the topic of a number of analyst reports. Morgan Stanley upped their price target on Confluent from $25.00 to $27.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 28th. Robert W. Baird upped their target price on shares of Confluent from $26.00 to $31.00 and gave the stock a “neutral” rating in a report on Tuesday, December 9th. FBN Securities reissued an “outperform” rating and set a $28.00 price target on shares of Confluent in a report on Tuesday, October 28th. UBS Group lowered shares of Confluent from a “buy” rating to a “neutral” rating and boosted their price target for the company from $29.00 to $31.00 in a research report on Tuesday, December 9th. Finally, The Goldman Sachs Group raised their price objective on shares of Confluent from $21.00 to $24.00 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twenty-eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $28.71.

Hedge Funds Weigh In On Confluent

A number of institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. grew its stake in shares of Confluent by 74.9% during the fourth quarter. Pacer Advisors Inc. now owns 29,584 shares of the company’s stock valued at $895,000 after purchasing an additional 12,670 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in Confluent by 2,048.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,289,720 shares of the company’s stock worth $39,001,000 after purchasing an additional 1,229,696 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in Confluent during the 4th quarter worth $513,000. Fuller & Thaler Asset Management Inc. bought a new position in Confluent in the 4th quarter valued at $457,000. Finally, XTX Topco Ltd acquired a new stake in shares of Confluent in the 4th quarter valued at $2,501,000. 78.09% of the stock is owned by institutional investors.

Key Headlines Impacting Confluent

Here are the key news stories impacting Confluent this week:

• Positive Sentiment: IBM acquisition mention: coverage reiterated IBM’s strategic buy of Confluent (cited at ~$11B), which supports a takeover-premium narrative and longer-term exit/value realization for shareholders. IBM/Confluent acquisition release
• Positive Sentiment: Asset-manager endorsement: Jackson Peak Capital named Confluent a top Q4 contributor, signaling continued institutional interest and demand among some active managers. Jackson Peak Capital article
• Positive Sentiment: Partner/product momentum: a Yahoo piece highlighted Confluent’s “Sell With Confluent” partner program and positioning to capture the large data‑streaming market, reinforcing growth narrative and TAM expansion. Sell With Confluent article
• Negative Sentiment: Large insider selling by CEO Edward Kreps: sold 270,207 shares (~$8.3M) and reduced his holding ~47%, a high-profile transaction that often weighs on sentiment and price. SEC filing: CEO Form 4
• Negative Sentiment: Multiple other executive sales: CFO Rohan Sivaram (21,503 sh), CRO Ban Ryan Norris Mac (combined ~31,273 sh across filings), and CAO Kong Phan (2,277 sh) trimmed positions — collective insider liquidity events can trigger short-term selling pressure. SEC filings: CFO CFO Form 4; CRO CRO Form 4; CAO CAO Form 4

About Confluent

Confluent, Inc (NASDAQ: CFLT) is a leading provider of an event streaming platform built on Apache Kafka. The company’s flagship offerings include Confluent Platform—a self-managed software solution—and Confluent Cloud, a fully managed service designed to simplify real-time data processing across hybrid and multi-cloud environments. These products enable enterprises to collect, process and distribute high volumes of data in real time, supporting use cases such as fraud detection, supply chain optimization and personalized customer experiences.

Founded in 2014 by Apache Kafka co-creators Jay Kreps, Neha Narkhede and Jun Rao, Confluent has driven the commercialization of Kafka technologies and extended the platform with tools for data integration, stream processing and enterprise-grade security.