In a filing, Confluent Inc revealed its Director NEHA NARKHEDE acquired Company’s shares for reported $0.69 million on Jun 02 ’25. In the deal valued at $23.03 per share,30,000 shares were bought.
Then, ROHAN SIVARAM bought 11,000 shares, generating $253,330 in total proceeds.
Before that, DAVID STEIN TR TROUVAILLE ANK bought 135,000 shares. Confluent Inc shares valued at $3,109,050 were divested by the Officer at a price of $23.03 per share.
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 Monday, Confluent Inc [NASDAQ:CFLT] saw its stock jump 0.13% to $23.06. Over the last five days, the stock has gained 5.59%. Confluent Inc shares have fallen nearly -17.53% since the year began. Nevertheless, the stocks have fallen -23.77% 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 $22.41, while 200 days put it at $25.36.
Levels Of Support And Resistance For CFLT Stock
The 24-hour chart illustrates a support level at 22.36, which if violated will result in even more drops to 21.67. On the upside, there is a resistance level at 23.41. A further resistance level may holdings at 23.77. The Relative Strength Index (RSI) on the 14-day chart is 54.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.00%. Stochastics %K at 78.97% indicates the stock is a holding.
