After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.
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Stocks Info
Confluent Inc is listed on the NASDAQ in the Technology sector while operating in the Software – Infrastructure industry. At the end of the last regular session, the stock closed at $33.57 and fluctuated between $33.92 as its day high and $33.13 as its day low. The current market capitalization of Confluent Inc is $10.49B. A total of 3.48 million shares were traded on the day, compared to an average of 5.51M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, CFLT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 62 BUYs and 85 SELLs from insiders. Insiders purchased 19,061,130 shares during that period but sold 20,364,758.
In the most recent transaction, Sivaram Rohan sold 7,234 shares of CFLT for 32.15 per share on Feb 21. After the transaction, the CHIEF FINANCIAL OFFICER now owns 320,212 company shares. In a previous transaction on Feb 21, Verbowski Chad sold 5,963 shares at 32.15 per share. CFLT shares that CHIEF TECHNOLOGY OFFICER owns now total 404,412.
Among the insiders who sold shares, Liu Ying Christina disposed of 4,109 shares on Feb 21 at a per-share price of $32.15. This resulted in the CHIEF ACCOUNTING OFFICER holding 123,497 shares of CFLT after the transaction. In another insider transaction, Buscemi Stephanie sold 2,724 shares at $32.15 per share on Feb 21. Company shares held by the CHIEF MARKETING OFFICER now total 109,002.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for CFLT in the last 3 months, the mean price target is $33.89 with high estimates of $42.00 and low estimates of $27.00. In terms of 52-week highs and lows, CFLT has a high of $41.22 and a low of $14.69.
As of this writing, CFLT has an earnings estimate of $0.02 per share for the current quarter. EPS was calculated based on a consensus of 27 estimates, with a high estimate of $0.06 per share and a lower estimate of $0.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. CFLT’s latest balance sheet shows that the firm has $2.02B in Cash & Short Term Investments as of fiscal 2021. There were $1.12B in debt and $348.19M in liabilities at the time. Its Book Value Per Share was $2.60, while its Total Shareholder’s Equity was $850.28M.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CFLT is Buy with a score of 4.25.
