Cloudera (NASDAQ:CLDR) Director Martin I. Cole acquired 20,000 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was purchased at an average price of $15.25 per share, for a total transaction of $305,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Cloudera (NASDAQ:CLDR) last announced its earnings results on Thursday, September 7th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate 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 business’s quarterly revenue was up 39.2% compared to the same quarter last year.

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Several equities research analysts recently issued reports on the company. Zacks Investment Research cut Cloudera from a “buy” rating to a “hold” rating in a report on Wednesday. BidaskClub cut Cloudera from a “buy” rating to a “hold” rating in a report on Monday, September 18th. Mizuho assumed coverage on Cloudera in a report on Wednesday, October 11th. They issued a “neutral” rating and a $18.00 price objective on the stock. Stifel Nicolaus reiterated a “buy” rating and issued a $24.00 price objective on shares of Cloudera in a report on Friday, September 8th. Finally, Morgan Stanley lifted their price objective on Cloudera from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Friday, September 8th. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $22.00.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Nationwide Fund Advisors acquired a new stake in Cloudera during the second quarter worth approximately $131,000. Blume Capital Management Inc. purchased a new position in Cloudera during the second quarter worth approximately $135,000. The Manufacturers Life Insurance Company purchased a new position in Cloudera during the second quarter worth approximately $172,000. Cambridge Investment Research Advisors Inc. purchased a new position in Cloudera during the second quarter worth approximately $190,000. Finally, Cubist Systematic Strategies LLC purchased a new position in Cloudera during the second quarter worth approximately $190,000.

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