Peregrine Capital Management LLC bought a new position in Cloudera Inc (NYSE:CLDR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 744,033 shares of the company’s stock, valued at approximately $9,464,000. Peregrine Capital Management LLC owned approximately 0.25% of Cloudera at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CLDR. S.A. Mason LLC bought a new stake in shares of Cloudera in the 2nd quarter worth approximately $25,000. Exchange Traded Concepts LLC bought a new stake in shares of Cloudera in the 2nd quarter worth approximately $38,000. Nisa Investment Advisors LLC lifted its holdings in shares of Cloudera by 119.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 8,230 shares of the company’s stock worth $65,000 after purchasing an additional 4,480 shares during the last quarter. Formidable Asset Management LLC bought a new stake in shares of Cloudera in the 1st quarter worth approximately $88,000. Finally, Kessler Investment Group LLC bought a new stake in shares of Cloudera in the 2nd quarter worth approximately $97,000. Institutional investors own 73.99% of the company’s stock.

In related news, Director Kevin Klausmeyer sold 41,513 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.34, for a total value of $512,270.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Jim Frankola sold 100,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $12.00, for a total transaction of $1,200,000.00. Following the completion of the sale, the chief financial officer now owns 1,191,183 shares of the company’s stock, valued at approximately $14,294,196. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 268,379 shares of company stock worth $3,063,973. 16.10% of the stock is owned by corporate insiders.

Several analysts recently issued reports on CLDR shares. Morgan Stanley raised Cloudera from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $8.00 to $14.00 in a report on Wednesday, June 3rd. Northland Securities downgraded Cloudera from an “outperform” rating to a “market perform” rating and cut their target price for the company from $15.00 to $11.00 in a research note on Tuesday, June 9th. Bank of America reaffirmed a “sell” rating and set a $8.00 target price on shares of Cloudera in a research note on Thursday, June 4th. Wells Fargo & Co lifted their target price on Cloudera from $9.00 to $11.00 and gave the company an “equal weight” rating in a research note on Thursday, June 4th. Finally, Zacks Investment Research downgraded Cloudera from a “buy” rating to a “hold” rating in a research note on Thursday, June 4th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $11.93.

Shares of NYSE CLDR traded down $0.09 during mid-day trading on Friday, reaching $11.27. The company had a trading volume of 3,848,514 shares, compared to its average volume of 4,439,283. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.13. The stock has a market cap of $3.33 billion, a PE ratio of -11.05 and a beta of 1.04. The company has a 50-day moving average price of $12.13 and a two-hundred day moving average price of $9.94. Cloudera Inc has a 1-year low of $4.76 and a 1-year high of $13.93.

Cloudera (NYSE:CLDR) last issued its earnings results on Wednesday, June 3rd. The company reported $0.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.20. Cloudera had a negative return on equity of 14.73% and a negative net margin of 35.67%. The business had revenue of $210.46 million for the quarter, compared to analysts’ expectations of $204.65 million. During the same period in the previous year, the firm posted ($0.13) EPS. The company’s quarterly revenue was up 12.3% on a year-over-year basis. On average, research analysts expect that Cloudera Inc will post -0.31 EPS for the current year.

About Cloudera

Cloudera, Inc provides a suite of data analytics and management products in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. It offers Cloudera Enterprise Data Hub that allows companies to execute various analytic functions against a shared set of governed and secures data in public and private clouds, and data centers; Cloudera Data Warehouse, a hybrid cloud solution for self-service analytics; Cloudera Data Science and Engineering enables users to streamline, simplify, and scale big data processing; and Cloudera Operational DB that enables stream processing and real-time analytics on continuously changing data.

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Institutional Ownership by Quarter for Cloudera (NYSE:CLDR)

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