Swiss National Bank boosted its holdings in shares of Hortonworks, Inc. (NASDAQ:HDP) by 22.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,300 shares of the software maker’s stock after acquiring an additional 13,000 shares during the period. Swiss National Bank owned 0.17% of Hortonworks worth $918,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Oppenheimer Asset Management Inc. bought a new stake in Hortonworks during the 1st quarter valued at about $117,000. FNY Partners Fund LP bought a new stake in Hortonworks during the 1st quarter valued at about $117,000. Legal & General Group Plc increased its stake in Hortonworks by 8.1% during the 2nd quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock valued at $144,000 after purchasing an additional 837 shares in the last quarter. Edge Wealth Management LLC increased its stake in Hortonworks by 77.2% during the 2nd quarter. Edge Wealth Management LLC now owns 14,350 shares of the software maker’s stock valued at $182,000 after purchasing an additional 6,250 shares in the last quarter. Finally, Essex Investment Management Co. LLC bought a new stake in Hortonworks during the 2nd quarter valued at about $217,000. 50.08% of the stock is owned by institutional investors.

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A number of research firms have weighed in on HDP. Royal Bank Of Canada restated a “buy” rating on shares of Hortonworks in a research note on Wednesday. BidaskClub lowered shares of Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Zacks Investment Research upgraded shares of Hortonworks from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Drexel Hamilton restated a “buy” rating and set a $22.00 price objective on shares of Hortonworks in a research note on Thursday, September 21st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of Hortonworks in a research note on Sunday, September 10th. Six research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $18.93.

Shares of Hortonworks, Inc. (NASDAQ:HDP) opened at 16.32 on Thursday. Hortonworks, Inc. has a 12 month low of $6.42 and a 12 month high of $17.70. The company’s 50-day moving average is $16.82 and its 200 day moving average is $13.82. The company’s market capitalization is $675.11 million.

Hortonworks (NASDAQ:HDP) last issued its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.87) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.87). Hortonworks had a negative net margin of 107.07% and a negative return on equity of 765.37%. The company had revenue of $61.83 million for the quarter, compared to the consensus estimate of $57.62 million. During the same quarter in the prior year, the company earned ($0.72) EPS. Hortonworks’s quarterly revenue was up 41.6% on a year-over-year basis. On average, equities research analysts anticipate that Hortonworks, Inc. will post ($1.72) earnings per share for the current year.

In other news, CEO Robert G. Bearden sold 250,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $17.13, for a total transaction of $4,282,500.00. Following the sale, the chief executive officer now owns 341,747 shares of the company’s stock, valued at approximately $5,854,126.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Greg Pavlik sold 5,532 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $13.35, for a total transaction of $73,852.20. Following the sale, the insider now directly owns 263,584 shares in the company, valued at approximately $3,518,846.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 665,240 shares of company stock worth $11,102,480. 22.50% of the stock is owned by corporate insiders.

Hortonworks Company Profile

Hortonworks, Inc is a provider and distributor of enterprise-scale data management software platforms. The Company’s product offerings include Hortonworks Data Platform (HDP), Hortonworks Sandbox and Hortonworks DataFlow Platform (HDF). It provides support subscription offerings and related professional services for its enterprise-scale Connected Data Platforms, such as HDP and HDF.

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Institutional Ownership by Quarter for Hortonworks (NASDAQ:HDP)

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