Nvidia Director Sells $44.3 Million in Shares as Stock Rises 5%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
0mins
Should l Buy CFLT?
Source: CNBC
- Insider Selling: Nvidia Director Harvey Jones sold 250,000 shares at an average price of $177.33 for a total of $44.3 million, which, despite the stock rising over 5% in the past three months, may raise concerns about the company's outlook among investors.
- Departure-Driven Sale: Lululemon Officer Celeste Burgoyne sold 13,500 shares at an average price of $204.00 for a total of $2.8 million before her departure at the end of the month, and although shares are up 22% over the last three months, insider selling is often viewed negatively.
- Large Transactions: Las Vegas Sands Departing CEO Robert Goldstein sold a total of 1,997,700 shares at an average price of ~$66.74 for $133.3 million, and while the stock has risen 25% in the last three months, such large sell-offs can undermine investor confidence.
- Additional Sales: Roivant Sciences Investor Vivek Ramaswamy sold 3,103,700 shares at an average price of $21.89 for a total of $67.9 million, and despite the stock's impressive 52% increase over the past three months, insider selling may lead to market skepticism regarding future growth.
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Analyst Views on CFLT
Wall Street analysts forecast CFLT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CFLT is 29.10 USD with a low forecast of 24.00 USD and a high forecast of 31.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
28 Analyst Rating
3 Buy
24 Hold
1 Sell
Hold
Current: 30.360
Low
24.00
Averages
29.10
High
31.00
Current: 30.360
Low
24.00
Averages
29.10
High
31.00
About CFLT
Confluent, Inc. provides a data streaming platform that enables customers to connect their applications, systems, and data layers and can be deployed as a fully-managed cloud-native software-as-a-service (SaaS) offering, Confluent Cloud, as a self-managed software offering, Confluent Platform, or as a Bring Your Own Cloud (BYOC) managed service offering where the raw data resides inside a customer’s own cloud environment, WarpStream. The Company also offers professional services and educational services. The Company is focused on developing a category of data infrastructure focused on data in motion for developers and enterprises. Its cloud-native offering works across multi-cloud and hybrid infrastructures and supports a variety of deployment models to support diverse customer requirements, delivering massive scalability, elasticity, security, and global interconnectedness, enabling agile development. WarpStream offers a lower-cost option for relaxed latency use cases for customers.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Rating Downgrade: Bernstein has downgraded Confluent (CFLT) from Outperform to Market-Perform, primarily due to IBM's acquisition of Confluent for approximately $11 billion, indicating a cautious market sentiment regarding the deal.
- Fair Acquisition Price: Analyst Peter Weed noted that the acquisition price aligns with their price target, suggesting that investors should be supportive of the deal, although the market remains vigilant about potential counter-bids.
- Market Reaction: Following the announcement of the acquisition, Bernstein analysts believe that the absence of other bidders justifies the downgrade of Confluent's stock to Market-Perform, reflecting a conservative outlook on future stock performance.
- IBM's Strategic Fit: Analysts assert that the acquisition aligns well with IBM's strategic goals, indicating IBM's intent to expand in the enterprise data streaming sector while providing Confluent with stable market support.
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- Leadership Change Hopes: The appointment of new CEO Kevin McAleenan sparked hopes for fresh government contracts; however, analysts expect that recent deals will not significantly impact revenues, and the company is likely to remain unprofitable in the near term.
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- Acquisition Dependency: The company is relying on acquisitions, including the planned purchases of AI vision firm Pangiam and generative AI company Ask Sage, to drive growth, but analysts believe these deals won't significantly boost revenue in the near term, indicating a fragile growth strategy.
- Increased Competitive Pressure: Compared to larger players like IBM, BigBear.ai lacks competitive strength in the AI market, as IBM's hybrid cloud and AI services are expected to grow revenue by 5% from 2024 to 2027, further intensifying the market challenges for BigBear.ai.
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