Confluent Inc’s recent filing unveils that its CHIEF EXECUTIVE OFFICER Kreps Edward Jay unloaded Company’s shares for reported $0.53 million on May 15 ’25. In the deal valued at $22.67 per share,23,500 shares were sold. As a result of this transaction, Kreps Edward Jay now holds 452,488 shares worth roughly $9.9 million.
Then, THE KHAKAL TRUST U/T/A DTD07/2 bought 1,906 shares, generating $42,961 in total proceeds.
Before that, THE VISHRIA REVOCABLE TRUST U/ bought 60,000 shares. Confluent Inc shares valued at $1,352,400 were divested by the Director at a price of $22.54 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 fall -2.88% to $21.89. Over the last five days, the stock has lost -2.01%. Confluent Inc shares have fallen nearly -21.71% since the year began. Nevertheless, the stocks have fallen -31.31% over the past one year.
How much short interest is there in Confluent Inc?
A steep rise in short interest was recorded in Confluent Inc stocks on 2025-04-30, growing by 1.92 million shares to a total of 17.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 15.73 million shares. There was a rise of 10.88%, which implies that there is a positive sentiment for the stock.
