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Titan Global Capital Management sold a significant portion of Confluent shares, reflecting insider pessimism on the stock.
Titan Global Capital Management sold 10,724 shares of Confluent, Inc., reducing their holdings by 8.9%.
Confluent, a data streaming platform company, recently reported a Q4 loss with EPS of ($0.23), missing estimates.
The stock, currently priced at $21.22, has seen insider selling, including Erica Schultz selling 150,000 shares.
Analysts predict a challenging year with an expected EPS of -0.83 but suggest a potential upside, with a price target of $34.96.
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Titan Global Capital Management vendió una porción significativa de acciones confluentes, reflejando el pesimismo interno en las acciones.