Columbia Partners L L C Investment Management purchased a new position in Hortonworks, Inc. (NASDAQ:HDP) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 49,784 shares of the software maker’s stock, valued at approximately $843,000. Columbia Partners L L C Investment Management owned approximately 0.07% of Hortonworks at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Macquarie Group Ltd. grew its stake in Hortonworks by 0.8% in the 2nd quarter. Macquarie Group Ltd. now owns 98,826 shares of the software maker’s stock worth $1,273,000 after buying an additional 750 shares in the last quarter. Legal & General Group Plc grew its stake in Hortonworks by 8.1% in the 2nd quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock worth $144,000 after buying an additional 837 shares in the last quarter. Rock Point Advisors LLC grew its stake in Hortonworks by 0.3% in the 2nd quarter. Rock Point Advisors LLC now owns 353,430 shares of the software maker’s stock worth $4,552,000 after buying an additional 965 shares in the last quarter. California State Teachers Retirement System grew its stake in Hortonworks by 1.4% in the 2nd quarter. California State Teachers Retirement System now owns 84,780 shares of the software maker’s stock worth $1,092,000 after buying an additional 1,200 shares in the last quarter. Finally, UBS Asset Management Americas Inc. grew its stake in Hortonworks by 15.9% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 12,400 shares of the software maker’s stock worth $160,000 after buying an additional 1,700 shares in the last quarter. 48.04% of the stock is owned by institutional investors and hedge funds.

In other Hortonworks news, CEO Robert G. Bearden sold 250,000 shares of the company’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $17.13, for a total value of $4,282,500.00. Following the completion of the transaction, the chief executive officer now directly owns 341,747 shares in the company, valued at approximately $5,854,126.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shaun Connolly sold 66,664 shares of the company’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $16.06, for a total transaction of $1,070,623.84. Following the completion of the transaction, the insider now owns 418,579 shares of the company’s stock, valued at $6,722,378.74. The disclosure for this sale can be found here. Insiders sold a total of 821,677 shares of company stock valued at $14,174,953 over the last 90 days. Company insiders own 22.50% of the company’s stock.

Hortonworks, Inc. (NASDAQ HDP) traded down $0.01 during trading hours on Friday, reaching $19.47. 659,752 shares of the company were exchanged, compared to its average volume of 873,496. Hortonworks, Inc. has a 52 week low of $8.02 and a 52 week high of $19.53.

Hortonworks (NASDAQ:HDP) last issued its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.24) EPS for the quarter, topping the Thomson Reuters’ 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 business had revenue of $69.00 million during the quarter, compared to analyst estimates of $63.11 million. During the same period in the prior year, the business earned ($0.68) EPS. The company’s revenue for the quarter was up 45.3% on a year-over-year basis. equities analysts anticipate that Hortonworks, Inc. will post -2.98 earnings per share for the current fiscal year.

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A number of equities research analysts have recently issued reports on the stock. Cowen and Company reaffirmed a “market perform” rating and issued a $14.00 price objective (up previously from $11.00) on shares of Hortonworks in a research note on Wednesday, August 9th. ValuEngine raised shares of Hortonworks from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Zacks Investment Research raised shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Tuesday, November 7th. Mizuho reaffirmed a “hold” rating and issued a $14.00 price objective on shares of Hortonworks in a research note on Friday, August 4th. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a $16.00 price objective (up previously from $15.00) on shares of Hortonworks in a research note on Friday, August 4th. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Hortonworks presently has an average rating of “Buy” and a consensus price target of $20.46.

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.

Institutional Ownership by Quarter for Hortonworks (NASDAQ:HDP)

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