Confluent Inc’s recent filing unveils that its Chief Accounting Officer Phan Kong unloaded Company’s shares for reported $85280.0 on Mar 20 ’25. In the deal valued at $26.86 per share,3,175 shares were sold. As a result of this transaction, Phan Kong now holds 246,516 shares worth roughly $5.21 million.
Then, Kreps Edward Jay sold 232,500 shares, generating $6,826,763 in total proceeds. Upon selling the shares at $29.36, the CHIEF EXECUTIVE OFFICER now owns 452,488 shares.
Before that, Schultz Erica sold 63,729 shares. Confluent Inc shares valued at $1,878,100 were divested by the PRESIDENT, FIELD OPERATIONS at a price of $29.47 per share. As a result of the transaction, Schultz Erica now holds 502,424 shares, worth roughly $10.63 million.
Raymond James initiated its Confluent Inc [CFLT] rating to an Outperform in a research note published on April 11, 2025; the price target was $30. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in late February from “a Neutral” to “a Buy”. Morgan Stanley also remained covering CFLT and has decreased its forecast on January 16, 2025 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Robert W. Baird started covering the stock on September 04, 2024. It rated CFLT as “a Neutral”.
Price Performance Review of CFLT
On Thursday, Confluent Inc [NASDAQ:CFLT] saw its stock fall -1.67% to $21.15. Over the last five days, the stock has lost -0.33%. Confluent Inc shares have fallen nearly -24.36% since the year began. Nevertheless, the stocks have fallen -25.92% 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 04/07/25. SMA at 50 days reached $27.22, while 200 days put it at $25.69.
Levels Of Support And Resistance For CFLT Stock
The 24-hour chart illustrates a support level at 20.78, which if violated will result in even more drops to 20.42. On the upside, there is a resistance level at 21.62. A further resistance level may holdings at 22.10. The Relative Strength Index (RSI) on the 14-day chart is 38.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.46%. Stochastics %K at 45.38% indicates the stock is a holding.
How much short interest is there in Confluent Inc?
A steep rise in short interest was recorded in Confluent Inc stocks on 2025-03-31, growing by 0.28 million shares to a total of 15.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 15.45 million shares. There was a rise of 1.79%, which implies that there is a positive sentiment for the stock.
