Eric Vishria Sells 61,905 Shares of Confluent (NASDAQ:CFLT) Stock

Confluent, Inc. (NASDAQ:CFLT) Director Eric Vishria sold 61,905 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $30.57, for a total transaction of $1,892,435.85. Following the completion of the transaction, the director directly owned 663,637 shares of the company’s stock, valued at approximately $20,287,383.09. The trade was a 8.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Eric Vishria also recently made the following trade(s):

• On Wednesday, December 10th, Eric Vishria sold 15,476 shares of Confluent stock. The stock was sold at an average price of $30.00, for a total transaction of $464,280.00.
• On Monday, December 8th, Eric Vishria sold 15,476 shares of Confluent stock. The shares were sold at an average price of $29.84, for a total value of $461,803.84.

Confluent Price Performance

Shares of NASDAQ CFLT opened at $30.72 on Friday. The stock’s 50-day simple moving average is $30.36 and its two-hundred day simple moving average is $24.34. Confluent, Inc. has a twelve month low of $15.64 and a twelve month high of $33.23. The firm has a market capitalization of $10.75 billion, a P/E ratio of -35.72 and a beta of 0.95. The company has a quick ratio of 3.83, a current ratio of 3.83 and a debt-to-equity ratio of 0.94.

Confluent (NASDAQ:CFLT) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. The firm had revenue of $314.82 million during the quarter, compared to the consensus estimate of $308.03 million. Confluent had a negative return on equity of 22.66% and a negative net margin of 25.31%.The company’s revenue for the quarter was up 20.5% on a year-over-year basis. During the same quarter last year, the company posted $0.09 EPS. As a group, equities analysts anticipate that Confluent, Inc. will post -0.83 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CFLT has been the subject of a number of research analyst reports. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $31.00 price objective on shares of Confluent in a report on Monday, December 8th. Wolfe Research cut Confluent from an “outperform” rating to a “hold” rating in a report on Monday, December 8th. Truist Financial set a $31.00 target price on Confluent in a research note on Monday, December 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Confluent in a research note on Monday, December 29th. Finally, Canaccord Genuity Group cut shares of Confluent from a “buy” rating to a “hold” rating and upped their price objective for the company from $27.00 to $31.00 in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $28.71.

Institutional Investors Weigh In On Confluent

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CFLT. Quarry LP bought a new stake in Confluent in the 3rd quarter worth $26,000. United Community Bank bought a new stake in shares of Confluent in the fourth quarter worth about $30,000. Danske Bank A S purchased a new position in Confluent during the 3rd quarter valued at about $34,000. True Wealth Design LLC purchased a new position in Confluent during the 3rd quarter valued at about $36,000. Finally, Los Angeles Capital Management LLC bought a new position in Confluent during the 4th quarter valued at approximately $36,000. 78.09% of the stock is currently owned by institutional investors.

Confluent News Summary

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. Article Title
• Positive Sentiment: Recent quarterly results beat revenue and EPS expectations (Q: revenue ~$314.8M, EPS $0.12 vs. $0.10 est.), showing continued revenue growth that underpins valuation ahead of the takeover. Earnings Summary
• Positive Sentiment: Analyst commentary noting IBM’s 2026 free-cash-flow goal looks attainable suggests IBM likely has the financial flexibility to complete and integrate acquisitions like Confluent. Article Title
• Neutral Sentiment: Reported short‑interest shows zero shares and a 0.0 days‑to‑cover metric; this is almost certainly a reporting error or artifact, so short‑pressure signals are currently uninformative.
• Neutral Sentiment: Consensus analyst stance remains largely cautious: majority “Hold” ratings and a MarketBeat consensus target near $28.71 — useful context but not a near‑term catalyst.
• Negative Sentiment: Director Eric Vishria sold 61,905 shares at ~\$30.57 (~\$1.89M), cutting his stake by ~8.5% — a large director sale that can weigh on sentiment. SEC Form 4
• Negative Sentiment: Co‑founder/director Neha Narkhede sold 80,000 shares at ~\$30.59 (~\$2.45M), a ~73.7% reduction in her direct holding — a sizable insider sale likely to prompt investor questions. SEC Form 4
• Negative Sentiment: Director Michelangelo Volpi sold 25,000 shares at ~\$30.59 (~\$765k), trimming his position and adding to the cluster of director sales. SEC Form 4
• Negative Sentiment: CRO Ban Ryan Norris Mac reported small sales (1,655 on Feb 13 and 2,113 on Feb 18 at ~\$30.6) — modest individually but part of broader insider selling. SEC Form 4

About Confluent

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.