Skandinaviska Enskilda Banken AB publ Has $1.20 Million Stock Position in Cloudera, Inc. (NYSE:CLDR)

Skandinaviska Enskilda Banken AB publ grew its stake in Cloudera, Inc. (NYSE:CLDR) by 11,538.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 75,650 shares of the company’s stock after purchasing an additional 75,000 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Cloudera were worth $1,200,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. BlackRock Inc. lifted its stake in shares of Cloudera by 5.9% in the 1st quarter. BlackRock Inc. now owns 17,496,074 shares of the company’s stock valued at $212,927,000 after purchasing an additional 970,727 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Cloudera by 33.6% in the 1st quarter. Bank of New York Mellon Corp now owns 12,796,863 shares of the company’s stock valued at $155,737,000 after purchasing an additional 3,221,424 shares during the period. Baillie Gifford & Co. lifted its stake in shares of Cloudera by 7.1% in the 2nd quarter. Baillie Gifford & Co. now owns 7,865,473 shares of the company’s stock valued at $124,747,000 after purchasing an additional 524,793 shares during the period. Neuberger Berman Group LLC lifted its stake in shares of Cloudera by 23.1% in the 1st quarter. Neuberger Berman Group LLC now owns 6,792,027 shares of the company’s stock valued at $82,248,000 after purchasing an additional 1,275,564 shares during the period. Finally, Geode Capital Management LLC raised its stake in Cloudera by 7.3% during the 1st quarter. Geode Capital Management LLC now owns 3,623,606 shares of the company’s stock worth $44,099,000 after buying an additional 246,685 shares during the period. 77.35% of the stock is currently owned by institutional investors.

Separately, JMP Securities downgraded Cloudera from an “outperform” rating to a “market perform” rating in a research note on Friday, July 9th.

Shares of Cloudera stock opened at $15.91 on Wednesday. The company has a market capitalization of $4.71 billion, a PE ratio of -33.85 and a beta of 1.15. Cloudera, Inc. has a 12 month low of $9.34 and a 12 month high of $19.35. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.44. The stock’s fifty day simple moving average is $15.88 and its 200 day simple moving average is $14.41.

Cloudera (NYSE:CLDR) last issued its quarterly earnings data on Sunday, August 29th. The company reported $0.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.05. The business had revenue of $236.10 million for the quarter, compared to the consensus estimate of $226.86 million. Cloudera had a negative return on equity of 2.59% and a negative net margin of 15.73%. The firm’s revenue was up 10.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 EPS. Analysts predict that Cloudera, Inc. will post -0.31 EPS for the current fiscal year.

In other Cloudera news, President Mick Hollison sold 110,126 shares of the stock in a transaction dated Friday, September 17th. The stock was sold at an average price of $15.94, for a total transaction of $1,755,408.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Scott Reasoner sold 14,321 shares of the stock in a transaction dated Wednesday, September 15th. The stock was sold at an average price of $15.92, for a total value of $227,990.32. The disclosure for this sale can be found here. In the last quarter, insiders have sold 504,360 shares of company stock valued at $8,018,631. Corporate insiders own 16.10% of the company’s stock.

Cloudera Company Profile

Cloudera, Inc engages in the provision of data management and analytics software solutions. It operates through Subscription, and Services segments. It offers data hub, data warehouse, machine learning, dataflow, and Hortonworks data platform.The company was founded by Amr A. Awadallah, Christophe Bisciglia, Michael Olson and Jeffrey Hammerbacher in June 2008 and is headquartered in Santa Clara, CA.

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Institutional Ownership by Quarter for Cloudera (NYSE:CLDR)

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