Confluent Inc CTO Chad Verbowski Sells 8,502 Shares
Chad Verbowski, the Chief Technology Officer of Confluent Inc (NASDAQ:CFLT), executed a sale of 8,502 shares in the company on December 21, 2023, according to a SEC Filing.
Confluent Inc is a data streaming platform that enables companies to easily access, store, and manage data as continuous, real-time streams. The platform is designed to handle high-volume data and is widely used for real-time analytics, data integration, and mission-critical applications.
Over the past year, the insider has sold a total of 63,310 shares and has not made any purchases of the company's stock. The recent transaction is part of a series of sales by the insider, reflecting a consistent pattern of stock disposals over the period.
The insider transaction history for Confluent Inc indicates a trend of more sales than purchases among insiders. In the past year, there have been no insider buys recorded, while there have been 58 insider sells.
On the date of the insider's most recent transaction, shares of Confluent Inc were trading at $23.95 each, giving the company a market capitalization of $7.472 billion.
The data provided offers a factual overview of the insider's trading activity and the company's valuation at the time of the transaction. It is important for investors to consider such insider trading patterns as part of their broader analysis when making investment decisions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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