Cloudera (NASDAQ:CLDR) Director Ping Li sold 6,528,862 shares of Cloudera stock in a transaction that occurred on Monday, October 2nd. The stock was 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 Securities & Exchange Commission, which is available at this hyperlink.

Shares of Cloudera (NASDAQ:CLDR) opened at 17.50 on Friday. The company’s market capitalization is $2.30 billion. The company’s 50-day moving average is $18.09 and its 200 day moving average is $18.44. Cloudera has a 12 month low of $15.40 and a 12 month high of $23.35.

Cloudera (NASDAQ:CLDR) last posted its quarterly earnings results on Thursday, September 7th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.08. The business had revenue of $89.80 million for the quarter, compared to analysts’ expectations of $85.72 million. Cloudera’s revenue was up 39.2% on a year-over-year basis. On average, equities research analysts anticipate that Cloudera will post ($0.93) earnings per share for the current year.

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A number of institutional investors and hedge funds have recently bought and sold shares of CLDR. FMR LLC purchased a new position in Cloudera during the 2nd quarter worth approximately $39,867,000. TimesSquare Capital Management LLC purchased a new position in Cloudera during the 2nd quarter worth approximately $36,154,000. Capital World Investors purchased a new position in Cloudera during the 2nd quarter worth approximately $34,057,000. Glynn Capital Management LLC purchased a new position in Cloudera during the 2nd quarter worth approximately $29,774,000. Finally, JPMorgan Chase & Co. purchased a new position in Cloudera during the 2nd quarter worth approximately $18,831,000.

A number of analysts have recently commented on the stock. Zacks Investment Research lowered shares of Cloudera from a “buy” rating to a “hold” rating in a research note on Monday. BidaskClub lowered shares of Cloudera from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. Stifel Nicolaus reiterated a “buy” rating and issued a $24.00 price target on shares of Cloudera in a research note on Friday, September 8th. Morgan Stanley lifted their price target on shares of Cloudera from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Friday, September 8th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and issued a $24.00 price target (up from $20.00) on shares of Cloudera in a research note on Friday, September 8th. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $22.50.

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