Cwm LLC Buys 176,703 Shares of Confluent, Inc. $CFLT

Cwm LLC boosted its stake in shares of Confluent, Inc. (NASDAQ:CFLT) by 2,690.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 183,272 shares of the company’s stock after buying an additional 176,703 shares during the quarter. Cwm LLC owned approximately 0.05% of Confluent worth $3,629,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of Montreal Can raised its holdings in Confluent by 28.5% during the 2nd quarter. Bank of Montreal Can now owns 261,007 shares of the company’s stock worth $6,507,000 after purchasing an additional 57,928 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of Confluent by 655.7% during the second quarter. Hsbc Holdings PLC now owns 243,596 shares of the company’s stock worth $6,013,000 after buying an additional 211,360 shares during the period. Blair William & Co. IL increased its position in shares of Confluent by 8.6% during the second quarter. Blair William & Co. IL now owns 160,575 shares of the company’s stock worth $4,003,000 after buying an additional 12,654 shares during the period. Coronation Fund Managers Ltd. bought a new position in Confluent during the second quarter worth $10,250,000. Finally, Persistent Asset Partners Ltd acquired a new position in Confluent in the second quarter valued at $499,000. Institutional investors and hedge funds own 78.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on CFLT shares. Evercore ISI set a $31.00 price target on Confluent in a report on Monday, December 8th. UBS Group lowered Confluent from a “buy” rating to a “neutral” rating and upped their target price for the company from $29.00 to $31.00 in a research report on Tuesday, December 9th. Citigroup raised their target price on Confluent from $26.00 to $31.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 9th. William Blair lowered Confluent from an “outperform” rating to a “market perform” rating in a research note on Monday, December 8th. Finally, Barclays raised their price objective on shares of Confluent from $24.00 to $27.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twenty-seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $28.71.

Confluent Stock Performance

Shares of CFLT stock opened at $30.24 on Friday. The firm has a market capitalization of $10.58 billion, a PE ratio of -33.60 and a beta of 0.95. The firm has a fifty day simple moving average of $25.54 and a two-hundred day simple moving average of $22.93. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 0.98. Confluent, Inc. has a 12 month low of $15.64 and a 12 month 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 firm had revenue of $298.52 million for 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%. The business’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same period last year, the firm earned $0.10 earnings per share. Confluent has set its Q4 2025 guidance at 0.090-0.100 EPS and its FY 2025 guidance at 0.390-0.400 EPS. Analysts forecast that Confluent, Inc. will post -0.83 EPS for the current fiscal year.

Insider Activity

In related news, CEO Edward Jay Kreps sold 232,500 shares of Confluent stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $30.10, for a total transaction of $6,998,250.00. Following the transaction, the chief executive officer owned 339,367 shares of the company’s stock, valued at $10,214,946.70. The trade was a 40.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Kong Phan sold 4,545 shares of the company’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $29.96, for a total value of $136,168.20. Following the sale, the chief accounting officer owned 220,505 shares of the company’s stock, valued at $6,606,329.80. This trade represents a 2.02% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,455,620 shares of company stock worth $40,630,407. Company insiders own 9.20% of the company’s stock.

Confluent Profile

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.