Cwm LLC Purchases 176,703 Shares of Confluent, Inc. $CFLT

Cwm LLC boosted its position in Confluent, Inc. (NASDAQ:CFLT) by 2,690.0% in the third quarter, HoldingsChannel reports. The firm owned 183,272 shares of the company’s stock after buying an additional 176,703 shares during the quarter. Cwm LLC’s holdings in Confluent were worth $3,629,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CFLT. Farther Finance Advisors LLC boosted its stake in shares of Confluent by 252.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,448 shares of the company’s stock worth $36,000 after buying an additional 1,037 shares during the last quarter. Banque Transatlantique SA purchased a new stake in shares of Confluent during the first quarter valued at approximately $43,000. Elevation Point Wealth Partners LLC bought a new stake in Confluent during the second quarter worth $49,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Confluent in the second quarter worth $67,000. Finally, AlphaQuest LLC grew its stake in Confluent by 21.7% in the 2nd quarter. AlphaQuest LLC now owns 4,636 shares of the company’s stock valued at $116,000 after purchasing an additional 826 shares during the period. Hedge funds and other institutional investors own 78.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CFLT. Deutsche Bank Aktiengesellschaft set a $31.00 target price on Confluent and gave the company a “hold” rating in a research report on Monday, December 8th. Raymond James Financial downgraded shares of Confluent from an “outperform” rating to a “market perform” rating in a report on Tuesday, December 9th. The Goldman Sachs Group boosted their target price on shares of Confluent from $21.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Citigroup increased their target price on shares of Confluent from $26.00 to $31.00 and gave the company a “neutral” rating in a research report on Tuesday, December 9th. Finally, Needham & Company LLC cut shares of Confluent from a “buy” rating to a “hold” rating in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $28.71.

Insider Buying and Selling at Confluent

In other news, Director Michelangelo Volpi sold 32,038 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $29.77, for a total transaction of $953,771.26. Following the sale, the director directly owned 235,041 shares in the company, valued at $6,997,170.57. This represents a 12.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Alyssa Henry sold 62,500 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $30.00, for a total transaction of $1,875,000.00. Following the completion of the sale, the director directly owned 28,549 shares in the company, valued at approximately $856,470. The trade was a 68.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,455,620 shares of company stock worth $40,630,407. 9.20% of the stock is owned by corporate insiders.

Confluent Trading Up 0.4%

Shares of CFLT stock opened at $30.24 on Friday. The stock has a market capitalization of $10.58 billion, a price-to-earnings ratio of -33.60 and a beta of 0.95. The company’s fifty day simple moving average is $25.54 and its two-hundred day simple moving average is $22.93. Confluent, Inc. has a 1 year low of $15.64 and a 1 year high of $37.90. The company has a debt-to-equity ratio of 0.98, a current ratio of 4.01 and a quick ratio of 4.01.

Confluent (NASDAQ:CFLT) last announced its quarterly earnings results on Monday, October 27th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. Confluent had a negative return on equity of 25.40% and a negative net margin of 27.32%.The company had revenue of $298.52 million during the quarter, compared to analysts’ expectations of $292.69 million. During the same period in the previous year, the business earned $0.10 earnings per share. The firm’s quarterly revenue was up 19.3% compared to the same quarter last year. Confluent has set its Q4 2025 guidance at 0.090-0.100 EPS and its FY 2025 guidance at 0.390-0.400 EPS. As a group, analysts anticipate that Confluent, Inc. will post -0.83 earnings per share for the current year.

About Confluent

Confluent, Inc (NASDAQ: CFLT) is a leading provider of an event streaming platform built on Apache Kafka. The company’s flagship offerings include Confluent Platform—a self-managed software solution—and Confluent Cloud, a fully managed service designed to simplify real-time data processing across hybrid and multi-cloud environments. These products enable enterprises to collect, process and distribute high volumes of data in real time, supporting use cases such as fraud detection, supply chain optimization and personalized customer experiences.

Founded in 2014 by Apache Kafka co-creators Jay Kreps, Neha Narkhede and Jun Rao, Confluent has driven the commercialization of Kafka technologies and extended the platform with tools for data integration, stream processing and enterprise-grade security.