In a report released today, Brian White from Monness maintained a Hold rating on Cloudera Inc (CLDR). The company’s shares closed last Monday at $7.14, close to its 52-week low of $4.89.
According to TipRanks.com, White is a top 25 analyst with an average return of 24.9% and a 71.4% success rate. White covers the Technology sector, focusing on stocks such as Slack Technologies Inc, Spotify Technology SA, and Salesforce.com.
Cloudera Inc has an analyst consensus of Hold, with a price target consensus of $8.15.
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Based on Cloudera Inc’s latest earnings release for the quarter ending April 30, the company reported a quarterly GAAP net loss of $103 million. In comparison, last year the company had a GAAP net loss of $33.38 million.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CLDR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cloudera, Inc. engages in the provision of enterprise-grade, global data management platforms, services and solutions. It offers enterprise data hub, data warehouse, sata science and engineering, operational database, Cloudera DataFlow (CDF), Hortonworks Data Platform (HDP), and data science workbench. It operates through Subscription, and Services segments.
