CONFLUENT ($CFLT) posted quarterly earnings results on Wednesday, April 30th. The company reported earnings of $0.08 per share, beating estimates of $0.07 by $0.01. The company also reported revenue of $271,120,000, beating estimates of $269,938,991 by $1,181,009.
You can see Quiver Quantitative's $CFLT stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
CONFLUENT Insider Trading Activity
CONFLUENT insiders have traded $CFLT stock on the open market 98 times in the past 6 months. Of those trades, 0 have been purchases and 98 have been sales.
Here’s a breakdown of recent trading of $CFLT stock by insiders over the last 6 months:
- MATTHEW CRAIG MILLER has made 0 purchases and 29 sales selling 5,003,380 shares for an estimated $145,578,597.
- ERICA SCHULTZ (PRESIDENT, FIELD OPERATIONS) has made 0 purchases and 17 sales selling 857,300 shares for an estimated $27,228,711.
- EDWARD JAY KREPS (CHIEF EXECUTIVE OFFICER) has made 0 purchases and 8 sales selling 697,500 shares for an estimated $21,154,149.
- MICHELANGELO VOLPI has made 0 purchases and 5 sales selling 552,952 shares for an estimated $14,821,940.
- NEHA NARKHEDE has made 0 purchases and 7 sales selling 306,300 shares for an estimated $9,835,111.
- STEPHANIE BUSCEMI (CHIEF MARKETING OFFICER) has made 0 purchases and 4 sales selling 218,347 shares for an estimated $6,022,159.
- ERIC VISHRIA has made 0 purchases and 6 sales selling 139,286 shares for an estimated $4,468,985.
- ROHAN SIVARAM (CHIEF FINANCIAL OFFICER) has made 0 purchases and 7 sales selling 125,669 shares for an estimated $4,205,407.
- JONATHAN CHADWICK has made 0 purchases and 2 sales selling 68,750 shares for an estimated $2,174,562.
- LARA CAIMI sold 34,500 shares for an estimated $1,080,540
- KONG PHAN (Chief Accounting Officer) has made 0 purchases and 11 sales selling 34,002 shares for an estimated $1,064,312.
- CHAD VERBOWSKI (CHIEF TECHNOLOGY OFFICER) sold 13,414 shares for an estimated $378,677
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
CONFLUENT Hedge Fund Activity
We have seen 194 institutional investors add shares of CONFLUENT stock to their portfolio, and 181 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FRANKLIN RESOURCES INC added 2,517,371 shares (+47.1%) to their portfolio in Q4 2024, for an estimated $70,385,693
- FMR LLC removed 2,355,544 shares (-17.1%) from their portfolio in Q4 2024, for an estimated $65,861,010
- PICTET ASSET MANAGEMENT HOLDING SA added 2,319,919 shares (+7342.2%) to their portfolio in Q4 2024, for an estimated $64,864,935
- FULLER & THALER ASSET MANAGEMENT, INC. added 2,312,506 shares (+inf%) to their portfolio in Q4 2024, for an estimated $64,657,667
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 2,242,212 shares (-89.2%) from their portfolio in Q4 2024, for an estimated $62,692,247
- ALTIMETER CAPITAL MANAGEMENT, LP removed 1,880,094 shares (-13.8%) from their portfolio in Q4 2024, for an estimated $52,567,428
- CADIAN CAPITAL MANAGEMENT, LP removed 1,685,311 shares (-66.6%) from their portfolio in Q4 2024, for an estimated $47,121,295
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
CONFLUENT Government Contracts
We have seen $31,450 of award payments to $CFLT over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
CONFLUENT Analyst Ratings
Wall Street analysts have issued reports on $CFLT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- RBC Capital issued a "Outperform" rating on 01/03/2025
To track analyst ratings and price targets for CONFLUENT, check out Quiver Quantitative's $CFLT forecast page.
CONFLUENT Price Targets
Multiple analysts have issued price targets for $CFLT recently. We have seen 2 analysts offer price targets for $CFLT in the last 6 months, with a median target of $36.5.
Here are some recent targets:
- Matthew Hedberg from RBC Capital set a target price of $36.0 on 01/03/2025
- Brad Reback from Stifel Nicolaus set a target price of $37.0 on 12/18/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
