Confluent (NASDAQ:CFLT) Director Alyssa Henry Sells 62,500 Shares

Confluent, Inc. (NASDAQ:CFLT) 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 transaction, the director owned 28,549 shares of the company’s stock, valued at $856,470. This represents a 68.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Confluent Stock Performance

Shares of NASDAQ CFLT traded down $0.09 during midday trading on Friday, hitting $30.05. The company’s stock had a trading volume of 12,141,513 shares, compared to its average volume of 7,844,368. The firm has a market capitalization of $10.51 billion, a price-to-earnings ratio of -33.39 and a beta of 0.99. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 0.98. The stock has a fifty day moving average price of $23.23 and a 200 day moving average price of $22.25. Confluent, Inc. has a one year low of $15.64 and a one year high of $37.90.

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

Institutional Investors Weigh In On Confluent

A number of large investors have recently added to or reduced their stakes in the company. Allworth Financial LP lifted its stake in Confluent by 763.7% during the third quarter. Allworth Financial LP now owns 4,042 shares of the company’s stock worth $80,000 after purchasing an additional 3,574 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of Confluent by 53.3% during the 3rd quarter. IFP Advisors Inc now owns 7,221 shares of the company’s stock valued at $143,000 after buying an additional 2,510 shares in the last quarter. Swiss Life Asset Management Ltd bought a new stake in Confluent in the 3rd quarter worth approximately $246,000. Caerus Investment Advisors LLC bought a new stake in Confluent in the 3rd quarter worth approximately $270,000. Finally, Danske Bank A S purchased a new stake in Confluent in the third quarter worth approximately $34,000. Hedge funds and other institutional investors own 78.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CFLT. The Goldman Sachs Group increased their price objective on Confluent from $21.00 to $24.00 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. Truist Financial set a $31.00 price target on shares of Confluent in a report on Monday. Guggenheim lowered shares of Confluent from a “buy” rating to a “hold” rating in a research report on Tuesday. Piper Sandler lowered shares of Confluent from an “overweight” rating to a “hold” rating and set a $31.00 target price on the stock. in a report on Monday. Finally, Oppenheimer cut shares of Confluent from an “outperform” rating to a “market perform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $28.71.

Confluent Company Profile

Confluent, Inc operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software.