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.
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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.
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