Confluent, Inc. (NASDAQ:CFLT - Get Free Report) CRO Ban Ryan Norris Mac sold 1,655 shares of the business's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $30.54, for a total value of $50,543.70. Following the transaction, the executive owned 392,276 shares in the company, valued at approximately $11,980,109.04. This represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Ban Ryan Norris Mac also recently made the following trade(s):
- On Wednesday, February 18th, Ban Ryan Norris Mac sold 2,113 shares of Confluent stock. The stock was sold at an average price of $30.61, for a total value of $64,678.93.
- On Tuesday, December 23rd, Ban Ryan Norris Mac sold 3,053 shares of Confluent stock. The stock was sold at an average price of $29.96, for a total value of $91,467.88.
- On Monday, December 22nd, Ban Ryan Norris Mac sold 1,218 shares of Confluent stock. The shares were sold at an average price of $29.96, for a total value of $36,491.28.
- On Monday, December 8th, Ban Ryan Norris Mac sold 44,114 shares of Confluent stock. The stock was sold at an average price of $29.77, for a total value of $1,313,273.78.
- On Thursday, November 20th, Ban Ryan Norris Mac sold 15,062 shares of Confluent stock. The shares were sold at an average price of $22.51, for a total transaction of $339,045.62.
Confluent Stock Down 0.1%
Shares of NASDAQ CFLT opened at $30.66 on Thursday. The firm has a fifty day simple moving average of $30.34 and a two-hundred day simple moving average of $24.29. Confluent, Inc. has a 12 month low of $15.64 and a 12 month high of $34.81. The company has a current ratio of 3.83, a quick ratio of 3.83 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $10.73 billion, a PE ratio of -35.65 and a beta of 0.95.
Confluent (NASDAQ:CFLT - Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.02. Confluent had a negative net margin of 25.31% and a negative return on equity of 22.66%. The company had revenue of $314.82 million for the quarter, compared to analysts' expectations of $308.03 million. During the same quarter in the previous year, the company earned $0.09 earnings per share. Confluent's quarterly revenue was up 20.5% on a year-over-year basis. Equities analysts expect that Confluent, Inc. will post -0.83 earnings per share for the current year.
Institutional Trading of Confluent
Several institutional investors have recently bought and sold shares of the company. Bank of Montreal Can raised its position in Confluent by 28.5% in the second quarter. Bank of Montreal Can now owns 261,007 shares of the company's stock worth $6,507,000 after acquiring an additional 57,928 shares during the period. Hsbc Holdings PLC increased its stake in shares of Confluent by 655.7% in the 2nd quarter. Hsbc Holdings PLC now owns 243,596 shares of the company's stock worth $6,013,000 after purchasing an additional 211,360 shares in the last quarter. Coronation Fund Managers Ltd. purchased a new stake in shares of Confluent in the 2nd quarter worth $10,250,000. Persistent Asset Partners Ltd bought a new position in Confluent in the 2nd quarter worth $499,000. Finally, Neuberger Berman Group LLC purchased a new position in Confluent during the second quarter valued at $305,000. 78.09% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Confluent
Here are the key news stories impacting Confluent this week:
- Positive Sentiment: Shareholders approved Confluent’s acquisition by IBM, reducing execution risk around the deal and supporting the takeover valuation. Read More.
- Positive Sentiment: Analyst commentary (Evercore/Seeking Alpha) says IBM’s 2026 free‑cash‑flow goal looks attainable, implying IBM likely has the financial flexibility to complete and integrate acquisitions like Confluent. Read More.
- Neutral Sentiment: Reported short‑interest figures show zero shares and a 0.0 days‑to‑cover metric — likely a data error or reporting artifact, so short‑pressure signals are currently uninformative. (internal short‑interest update)
- Negative Sentiment: Director Eric Vishria sold 61,905 shares at about $30.57 (~$1.89M), cutting his stake by ~8.5% — a large director sale that can weigh on sentiment. Read More.
- Negative Sentiment: Co‑founder/director Neha Narkhede sold 80,000 shares at about $30.59 (~$2.45M), a ~73.7% reduction in her direct holding — a sizeable insider sale likely to prompt investor questions. Read More.
- Negative Sentiment: Director Michelangelo Volpi sold 25,000 shares at about $30.59 (~$764.8k), trimming his position by ~13.9% — adds to the cluster of director sales. Read More.
- Negative Sentiment: CRO Ban Ryan Norris Mac reported two small sales (2,113 shares on Feb 18 and 1,655 shares on Feb 13 at ~ $30.60) — modest individually but part of the broader insider selling trend. Read More.
Analyst Ratings Changes
CFLT has been the topic of several research reports. Morgan Stanley lifted their price target on Confluent from $25.00 to $27.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 28th. Raymond James Financial lowered Confluent from an "outperform" rating to a "market perform" rating in a research report on Tuesday, December 9th. Stifel Nicolaus upped their target price on shares of Confluent from $21.00 to $25.00 and gave the stock a "hold" rating in a research report on Tuesday, October 28th. William Blair cut shares of Confluent from an "outperform" rating to a "market perform" rating in a research report on Monday, December 8th. Finally, Sanford C. Bernstein lowered shares of Confluent from an "outperform" rating to a "market perform" rating and set a $31.00 price objective on the stock. in a research note on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twenty-eight have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $28.71.
Check Out Our Latest Stock Analysis on Confluent
Confluent Company Profile
(
Get Free Report)
Confluent, Inc (NASDAQ: CFLT) is a leading provider of an event streaming platform built on Apache Kafka. The company's flagship offerings include Confluent Platform—a self-managed software solution—and Confluent Cloud, a fully managed service designed to simplify real-time data processing across hybrid and multi-cloud environments. These products enable enterprises to collect, process and distribute high volumes of data in real time, supporting use cases such as fraud detection, supply chain optimization and personalized customer experiences.
Founded in 2014 by Apache Kafka co-creators Jay Kreps, Neha Narkhede and Jun Rao, Confluent has driven the commercialization of Kafka technologies and extended the platform with tools for data integration, stream processing and enterprise-grade security.
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