Cloudera (NASDAQ:CLDR) Director Ping Li sold 6,528,862 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $15.79, for a total transaction of $103,090,730.98. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Cloudera (NASDAQ CLDR) traded up 1.28% on Wednesday, reaching $17.39. 1,336,572 shares of the company’s stock were exchanged. The firm’s market capitalization is $2.29 billion. Cloudera has a one year low of $15.40 and a one year high of $23.35. The firm has a 50 day moving average of $18.10 and a 200 day moving average of $18.46.

Cloudera (NASDAQ:CLDR) last issued its quarterly earnings results on Thursday, September 7th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.08. The firm had revenue of $89.80 million during the quarter, compared to analysts’ expectations of $85.72 million. The company’s quarterly revenue was up 39.2% compared to the same quarter last year. On average, equities research analysts predict that Cloudera will post ($0.93) EPS for the current year.

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A number of institutional investors have recently modified their holdings of CLDR. FMR LLC purchased a new position in Cloudera in the second quarter worth approximately $39,867,000. TimesSquare Capital Management LLC acquired a new stake in Cloudera during the second quarter worth approximately $36,154,000. Capital World Investors acquired a new stake in Cloudera during the second quarter worth approximately $34,057,000. Glynn Capital Management LLC acquired a new stake in Cloudera during the second quarter worth approximately $29,774,000. Finally, JPMorgan Chase & Co. acquired a new stake in Cloudera during the second quarter worth approximately $18,831,000.

CLDR has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Cloudera from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research note on Tuesday, September 19th. Stifel Nicolaus reiterated a “buy” rating and set a $24.00 price objective on shares of Cloudera in a research note on Friday, September 8th. BidaskClub upgraded shares of Cloudera from a “hold” rating to a “buy” rating in a research note on Wednesday, August 30th. Morgan Stanley boosted their price objective on shares of Cloudera from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Friday, September 8th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and set a $24.00 price objective (up previously from $20.00) on shares of Cloudera in a research note on Friday, September 8th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $22.50.

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