Moloney Securities Asset Management LLC bought a new position in Cloudera (NASDAQ:CLDR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,250 shares of the company’s stock, valued at approximately $276,000.
Separately, Peregrine Capital Management LLC acquired a new stake in Cloudera during the second quarter worth approximately $12,932,000.
Cloudera (NASDAQ:CLDR) opened at 17.90 on Thursday. The stock’s market cap is $2.35 billion. Cloudera has a one year low of $15.40 and a one year high of $23.35. The stock’s 50 day moving average price is $17.28 and its 200 day moving average price is $18.61.
Cloudera (NASDAQ:CLDR) last announced its quarterly earnings results on Thursday, June 8th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.36) by $0.09. The company had revenue of $79.60 million during the quarter, compared to analysts’ expectations of $75.85 million. Equities analysts predict that Cloudera will post ($1.05) earnings per share for the current fiscal year.
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A number of equities research analysts have recently commented on CLDR shares. Deutsche Bank AG started coverage on Cloudera in a research note on Tuesday, May 23rd. They set a “buy” rating and a $25.00 target price on the stock. Citigroup Inc. started coverage on Cloudera in a report on Tuesday, May 23rd. They issued a “neutral” rating and a $23.00 price objective for the company. J P Morgan Chase & Co initiated coverage on Cloudera in a report on Tuesday, May 23rd. They issued an “overweight” rating and a $24.00 price objective for the company. Stifel Nicolaus initiated coverage on Cloudera in a report on Tuesday, May 23rd. They set a “buy” rating and a $24.00 target price for the company. Finally, Raymond James Financial, Inc. initiated coverage on Cloudera in a report on Tuesday, May 23rd. They set an “outperform” rating and a $23.00 target price for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $22.86.
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