TimesSquare Capital Management LLC Acquires Shares of 2,256,800 Cloudera (CLDR)

TimesSquare Capital Management LLC acquired a new stake in shares of Cloudera (NASDAQ:CLDR) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,256,800 shares of the company’s stock, valued at approximately $36,154,000. TimesSquare Capital Management LLC owned 1.72% of Cloudera as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. bought a new stake in shares of Cloudera in the second quarter worth $18,831,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Cloudera in the second quarter worth $190,000. Blume Capital Management Inc. bought a new stake in shares of Cloudera in the second quarter worth $135,000. Federated Investors Inc. PA bought a new stake in shares of Cloudera in the second quarter worth $4,005,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Cloudera in the second quarter worth $654,000.

Cloudera (CLDR) opened at 20.99 on Monday. The firm’s market cap is $2.75 billion. Cloudera has a 12-month low of $15.40 and a 12-month high of $23.35. The firm has a 50-day moving average of $18.22 and a 200-day moving average of $18.65.

Cloudera (NASDAQ:CLDR) last issued its earnings results on Thursday, September 7th. The company reported ($0.47) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by $0.22. The company had revenue of $89.80 million during the quarter, compared to analyst estimates of $85.72 million. Cloudera’s revenue for the quarter was up 39.2% compared to the same quarter last year. On average, analysts expect that Cloudera will post ($0.98) EPS for the current year.

WARNING: “TimesSquare Capital Management LLC Acquires Shares of 2,256,800 Cloudera (CLDR)” was first posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://sportsperspectives.com/2017/09/11/timessquare-capital-management-llc-acquires-shares-of-2256800-cloudera-cldr.html.

A number of brokerages recently issued reports on CLDR. J P Morgan Chase & Co restated an “overweight” rating and issued a $24.00 price target (up previously from $20.00) on shares of Cloudera in a research note on Friday. 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. Stifel Nicolaus restated a “buy” rating and issued a $24.00 price target on shares of Cloudera in a research note on Friday. BidaskClub upgraded shares of Cloudera from a “hold” rating to a “buy” rating in a research note on Wednesday, August 30th. Finally, Zacks Investment Research lowered shares of Cloudera from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. Cloudera presently has an average rating of “Hold” and a consensus target price of $23.00.

Want to see what other hedge funds are holding CLDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cloudera (NASDAQ:CLDR).

Institutional Ownership by Quarter for Cloudera (NASDAQ:CLDR)

Receive News & Ratings for Cloudera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloudera and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply