Hortonworks, Inc. (NASDAQ:HDP) insider Shaun Connolly sold 2,083 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $18.23, for a total transaction of $37,973.09. Following the sale, the insider now owns 366,988 shares of the company’s stock, valued at approximately $6,690,191.24. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shaun Connolly also recently made the following trade(s):

  • On Monday, October 16th, Shaun Connolly sold 13,644 shares of Hortonworks stock. The stock was sold at an average price of $16.43, for a total transaction of $224,170.92.
  • On Monday, October 9th, Shaun Connolly sold 8,864 shares of Hortonworks stock. The stock was sold at an average price of $16.77, for a total transaction of $148,649.28.
  • On Tuesday, September 12th, Shaun Connolly sold 2,083 shares of Hortonworks stock. The stock was sold at an average price of $17.01, for a total transaction of $35,431.83.
  • On Friday, August 25th, Shaun Connolly sold 66,664 shares of Hortonworks stock. The stock was sold at an average price of $16.06, for a total transaction of $1,070,623.84.

Hortonworks, Inc. (NASDAQ HDP) traded up $0.01 during trading hours on Wednesday, hitting $18.50. 577,900 shares of the company were exchanged, compared to its average volume of 827,819. Hortonworks, Inc. has a 1 year low of $8.02 and a 1 year high of $18.93.

Hortonworks (NASDAQ:HDP) last posted its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.24) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.40) by $0.16. Hortonworks had a negative net margin of 89.35% and a negative return on equity of 765.37%. The firm had revenue of $69.00 million during the quarter, compared to analysts’ expectations of $63.11 million. During the same quarter last year, the company posted ($0.68) EPS. The firm’s quarterly revenue was up 45.3% on a year-over-year basis. analysts expect that Hortonworks, Inc. will post -2.98 earnings per share for the current fiscal year.

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A number of hedge funds have recently modified their holdings of HDP. Bank of New York Mellon Corp boosted its position in Hortonworks by 14.6% in the 1st quarter. Bank of New York Mellon Corp now owns 181,652 shares of the software maker’s stock valued at $1,782,000 after buying an additional 23,149 shares during the period. Parametric Portfolio Associates LLC boosted its position in Hortonworks by 31.7% in the 1st quarter. Parametric Portfolio Associates LLC now owns 36,431 shares of the software maker’s stock valued at $357,000 after buying an additional 8,779 shares during the period. American International Group Inc. boosted its position in Hortonworks by 7.4% in the 1st quarter. American International Group Inc. now owns 24,917 shares of the software maker’s stock valued at $244,000 after buying an additional 1,723 shares during the period. Vanguard Group Inc. boosted its position in Hortonworks by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 2,868,168 shares of the software maker’s stock valued at $28,137,000 after buying an additional 73,656 shares during the period. Finally, Geode Capital Management LLC boosted its position in Hortonworks by 20.2% in the 1st quarter. Geode Capital Management LLC now owns 364,550 shares of the software maker’s stock valued at $3,576,000 after buying an additional 61,286 shares during the period. 48.04% of the stock is owned by institutional investors.

HDP has been the subject of a number of recent analyst reports. Royal Bank Of Canada restated a “buy” rating and set a $16.00 price target on shares of Hortonworks in a report on Sunday, September 17th. Barclays PLC raised their price target on shares of Hortonworks from $16.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, August 25th. BidaskClub downgraded shares of Hortonworks from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th. Mizuho restated a “hold” rating and set a $14.00 price target on shares of Hortonworks in a report on Thursday, November 2nd. Finally, Zacks Investment Research upgraded shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Tuesday, November 7th. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $20.46.

About Hortonworks

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.

Insider Buying and Selling by Quarter for Hortonworks (NASDAQ:HDP)

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