Bamco Inc. NY lowered its position in shares of Cloudera Inc (NYSE:CLDR) by 62.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,839 shares of the company’s stock after selling 41,840 shares during the period. Bamco Inc. NY’s holdings in Cloudera were worth $410,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of the stock. SeaCrest Wealth Management LLC purchased a new position in Cloudera in the 4th quarter worth approximately $124,000. Amalgamated Bank purchased a new position in Cloudera in the 4th quarter worth approximately $220,000. Bluestein R H & Co. purchased a new position in Cloudera in the 4th quarter worth approximately $248,000. Keybank National Association OH purchased a new position in Cloudera in the 4th quarter worth approximately $350,000. Finally, S&CO Inc. purchased a new position in Cloudera in the 4th quarter worth approximately $432,000. 74.81% of the stock is owned by institutional investors.
CLDR has been the subject of a number of research reports. Citigroup raised shares of Cloudera from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $17.18 to $23.00 in a research note on Wednesday, January 10th. Needham & Company LLC initiated coverage on shares of Cloudera in a research note on Friday, January 12th. They issued a “buy” rating and a $22.00 price target for the company. Mizuho raised shares of Cloudera from a “neutral” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Tuesday, January 9th. Zacks Investment Research raised shares of Cloudera from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Monday, January 15th. Finally, Drexel Hamilton initiated coverage on shares of Cloudera in a report on Tuesday, December 19th. They issued a “buy” rating for the company. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $21.83.
In other news, VP Wayne Kimber sold 1,666 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $17.45, for a total value of $29,071.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 105,441 shares of company stock valued at $1,886,643.
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Cloudera Company Profile
Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.
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