Cloudera (NASDAQ:CLDR) Director Martin I. Cole acquired 30,000 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The stock was purchased at an average cost of $15.07 per share, for a total transaction of $452,100.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Cloudera (NASDAQ:CLDR) traded up 1.85% during mid-day trading on Friday, hitting $14.90. The stock had a trading volume of 2,417,847 shares. Cloudera has a 52-week low of $14.50 and a 52-week high of $23.35. The firm has a 50-day moving average of $16.81 and a 200-day moving average of $18.12. The stock’s market cap is $1.96 billion.

Cloudera (NASDAQ:CLDR) last issued its earnings results on Thursday, September 7th. The company reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.08. The firm had revenue of $89.80 million for the quarter, compared to analyst estimates of $85.72 million. The company’s quarterly revenue was up 39.2% compared to the same quarter last year. On average, analysts forecast that Cloudera will post ($0.94) EPS for the current fiscal year.

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CLDR has been the topic of several research analyst reports. J P Morgan Chase & Co reissued an “overweight” rating and issued a $24.00 price objective (up previously from $20.00) on shares of Cloudera in a research note on Friday, September 8th. Zacks Investment Research raised Cloudera from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research report on Tuesday, October 10th. Stifel Nicolaus reaffirmed a “buy” rating and set a $24.00 target price on shares of Cloudera in a research report on Friday, September 8th. Morgan Stanley reaffirmed an “equal weight” rating and set a $18.00 target price (down previously from $20.00) on shares of Cloudera in a research report on Thursday, July 20th. Finally, BidaskClub raised Cloudera from a “hold” rating to a “buy” rating in a research report on Wednesday, August 30th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $22.00.

Hedge funds have recently modified their holdings of the stock. Nationwide Fund Advisors acquired a new position in shares of Cloudera during the second quarter worth $131,000. Blume Capital Management Inc. acquired a new position in shares of Cloudera during the second quarter worth $135,000. The Manufacturers Life Insurance Company acquired a new position in shares of Cloudera during the second quarter worth $172,000. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Cloudera during the second quarter worth $190,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Cloudera during the second quarter worth $190,000.

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