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Which Institutions Own Shares In Confluent Inc (CFLT)?

Confluent Inc (NASDAQ: CFLT) is 34.10% higher on its value in year-to-date trading and has touched a low of $14.69 and a high of $41.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CFLT stock was last observed hovering at around $27.83 in the last trading session, with the day’s gains setting it 3.55%.

Currently trading at $31.38, the stock is 10.35% and 3.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.94 million and changing 12.76% at the moment leaves the stock 11.54% off its SMA200. CFLT registered 38.36% gain for a year compared to 6-month gain of 77.89%.

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The stock witnessed a 4.60% loss in the last 1 month and extending the period to 3 months gives it a 29.19%, and is 11.24% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.58% over the week and 4.13% over the month.

Confluent Inc (CFLT) has around 2744 employees, a market worth around $9.96B and $819.89M in sales. Fwd P/E is 92.52. Profit margin for the company is -46.73%. Distance from 52-week low is 113.61% and -23.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.67%).

The EPS is expected to grow by 403.67% this year

The shares outstanding are 317.34M, and float is at 231.80M with Short Float at 8.58%.

Confluent Inc (CFLT) Insider Activity

The most recent transaction is an insider sale by Verbowski Chad, the company’s CHIEF TECHNOLOGY OFFICER. SEC filings show that Verbowski Chad sold 8,086 shares of the company’s common stock on Mar 20 ’24 at a price of $31.20 per share for a total of $0.25 million. Following the sale, the insider now owns 0.53 million shares.

Confluent Inc disclosed in a document filed with the SEC on Mar 20 ’24 that Sivaram Rohan (CHIEF FINANCIAL OFFICER) sold a total of 588 shares of the company’s common stock. The trade occurred on Mar 20 ’24 and was made at $31.20 per share for $18346.0. Following the transaction, the insider now directly holds 0.6 million shares of the CFLT stock.

Still, SEC filings show that on Mar 20 ’24, Liu Ying Christina (CHIEF ACCOUNTING OFFICER) disposed off 407 shares at an average price of $31.20 for $12698.0. The insider now directly holds 168,338 shares of Confluent Inc (CFLT).

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