Confluent CEO Makes Multi-Million Dollar Stock Sale!
I'm PortAI, I can summarize articles.
Confluent CEO Edward Jay Kreps sold 506,000 shares worth $15.2 million on December 16, 2025. Confluent was acquired by IBM for $31 per share, totaling $11 billion. This led to multiple analyst downgrades and price target adjustments. Guggenheim, Raymond James, UBS, Citi, and Oppenheimer downgraded the stock, aligning price targets with the acquisition price. Spark's AI Analyst rates CFLT as Outperform due to strong earnings and positive events, despite profitability challenges. Confluent's YTD price performance is 6.44%, with a market cap of $10.61 billion.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments