Confluent Inc’s recently made public that its PRESIDENT, FIELD OPERATIONS Schultz Erica unloaded Company’s shares for reported $1.88 million on Mar 04 ’25. In the deal valued at $29.47 per share,63,729 shares were sold. As a result of this transaction, Schultz Erica now holds 502,424 shares worth roughly $13.37 million.
Then, EDWARD JAY KREPS bought 465,000 shares, generating $14,973,000 in total proceeds.
Before that, Narkhede Neha sold 40,000 shares. Confluent Inc shares valued at $1,227,311 were divested by the Director at a price of $30.68 per share. As a result of the transaction, Narkhede Neha now holds 20,247 shares, worth roughly $0.54 million.
UBS upgraded its Confluent Inc [CFLT] rating to a Buy from a a Neutral in a research note published on February 26, 2025; the price target was increased to $38 from $34. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid January from “an Overweight” to “an Equal-weight”. Robert W. Baird began covering CFLT with “Neutral” recommendation on September 04, 2024. JP Morgan revised its rating on August 09, 2024. It rated CFLT as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of CFLT
On Friday, Confluent Inc [NASDAQ:CFLT] saw its stock fall -7.12% to $26.61. Over the last five days, the stock has lost -16.16%. Confluent Inc shares have fallen nearly -4.83% since the year began. Nevertheless, the stocks have fallen -18.00% over the past one year. While a 52-week high of $37.90 was reached on 02/12/25, a 52-week low of $17.79 was recorded on 03/07/25. SMA at 50 days reached $29.94, while 200 days put it at $26.28.
Levels Of Support And Resistance For CFLT Stock
The 24-hour chart illustrates a support level at 25.25, which if violated will result in even more drops to 23.88. On the upside, there is a resistance level at 28.23. A further resistance level may holdings at 29.84. The Relative Strength Index (RSI) on the 14-day chart is 37.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.19%. Stochastics %K at 19.77% indicates the stock is a buying.
The most recent change occurred on June 11, 2024 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $35 price target.
