Page 18 - Confluent Cloud News Today

Confluent, Inc. (NASDAQ:CFLT – Get Rating) shares dropped 4.5% during trading on Wednesday . The company traded as low as $34.79 and last traded at $35.26. Approximately 2,973,330 shares traded hands during trading, a decline of 23% from the average daily volume of 3,851,411 shares. The stock had previously closed at $36.93. Analysts Set New […]

Needham & Company LLC initiated coverage on shares of Confluent (NASDAQ:CFLT – Get Rating) in a research report sent to investors on Tuesday morning, The Fly reports. The brokerage issued a buy rating and a $35.00 target price on the stock. A number of other equities research analysts also recently commented on the stock. JMP […]

Confluent, Inc. (NASDAQ:CFLT – Get Rating) CFO Steffan Tomlinson sold 66,667 shares of the company’s stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $30.05, for a total value of $2,003,343.35. Following the completion of the transaction, the chief financial officer now directly owns 313,671 shares in […]

Needham & Company LLC initiated coverage on shares of Confluent (NASDAQ:CFLT – Get Rating) in a research report sent to investors on Tuesday morning, The Fly reports. The brokerage issued a buy rating and a $35.00 price target on the stock. Several other research firms have also issued reports on CFLT. Moffett Nathanson assumed coverage […]

Advisory Research Inc. cut its stake in shares of Confluent, Inc. (NASDAQ:CFLT – Get Rating) by 21.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,840 shares of the company’s stock after selling 4,325 shares during the period. Advisory Research Inc.’s holdings in Confluent […]

Confluent, Inc. (NASDAQ:CFLT – Get Rating) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 17,740,000 shares, an increase of 10.8% from the April 30th total of 16,010,000 shares. Currently, 10.1% of the shares of the company are short sold. […]

Architectures and trade-offs for replacing Lambda and batch with unified real-time Kappa architecture. Examples include Uber, Shopify, Disney

Confluent, Inc. (NASDAQ:CFLT – Get Rating) CTO Chad Verbowski sold 8,376 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $28.82, for a total value of $241,396.32. Following the completion of the sale, the chief technology officer now owns 452,270 shares […]

Bank of Nova Scotia purchased a new position in Confluent, Inc. (NASDAQ:CFLT – Get Rating) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 47,904 shares of the company’s stock, valued at approximately $1,065,000. A number of other hedge funds have also bought and sold […]

The fast-growing fintech is using the cloud-based technology to provide real-time data processing capabilities for the businesses it serves.