News stories about Cloudera (NYSE:CLDR) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cloudera earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.0391942517587 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Cloudera (NYSE:CLDR) traded up $0.20 during midday trading on Wednesday, hitting $20.34. The company’s stock had a trading volume of 535,331 shares, compared to its average volume of 883,043. The company has a market capitalization of $2,870.00 and a PE ratio of -2.83. Cloudera has a 12 month low of $14.50 and a 12 month high of $23.35.
Several brokerages have commented on CLDR. DA Davidson began coverage on Cloudera in a report on Friday, March 9th. They set a “neutral” rating and a $21.00 price target on the stock. ValuEngine upgraded Cloudera from a “sell” rating to a “hold” rating in a report on Wednesday, February 7th. Morgan Stanley raised their price objective on shares of Cloudera from $21.00 to $23.00 and gave the stock a “hold” rating in a research note on Tuesday, January 30th. Zacks Investment Research downgraded shares of Cloudera from a “buy” rating to a “hold” rating in a research note on Wednesday, January 24th. Finally, Needham & Company LLC began coverage on shares of Cloudera in a research note on Friday, January 12th. They issued a “buy” rating and a $22.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $21.83.
In other Cloudera news, VP Wayne Kimber sold 1,666 shares of Cloudera stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $17.45, for a total transaction of $29,071.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders have sold 105,441 shares of company stock valued at $1,886,643.
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Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.
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