Hortonworks Inc (NASDAQ:HDP) insider Shaun Connolly sold 8,863 shares of the company’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $19.68, for a total value of $174,423.84. Following the completion of the transaction, the insider now directly owns 235,986 shares of the company’s stock, valued at approximately $4,644,204.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Tuesday, December 12th, Shaun Connolly sold 2,084 shares of Hortonworks stock. The shares were sold at an average price of $19.64, for a total value of $40,929.76.
  • On Monday, November 13th, Shaun Connolly sold 2,083 shares of Hortonworks stock. The shares were sold at an average price of $18.23, for a total value of $37,973.09.
  • On Monday, October 16th, Shaun Connolly sold 13,644 shares of Hortonworks stock. The shares were sold at an average price of $16.43, for a total value of $224,170.92.

Shares of Hortonworks Inc (NASDAQ:HDP) traded up $0.91 on Wednesday, hitting $20.55. The stock had a trading volume of 563,200 shares, compared to its average volume of 640,876. Hortonworks Inc has a fifty-two week low of $8.74 and a fifty-two week high of $22.00. The firm has a market cap of $1,450.00, a PE ratio of -6.10 and a beta of 1.66.

Hortonworks (NASDAQ:HDP) last issued its earnings results on Thursday, November 2nd. The software maker reported ($0.24) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.40) by $0.16. The company had revenue of $69.00 million during the quarter, compared to analyst estimates of $63.11 million. During the same period in the previous year, the company posted ($0.68) earnings per share. The company’s quarterly revenue was up 45.3% on a year-over-year basis. equities analysts expect that Hortonworks Inc will post -2.98 EPS for the current year.

Several research firms have commented on HDP. Royal Bank of Canada reaffirmed a “buy” rating and issued a $20.00 price target on shares of Hortonworks in a report on Friday, November 3rd. BidaskClub cut Hortonworks from a “buy” rating to a “hold” rating in a report on Tuesday. Drexel Hamilton reaffirmed a “buy” rating and issued a $22.00 price target on shares of Hortonworks in a report on Thursday, September 21st. Zacks Investment Research cut Hortonworks from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Mizuho reaffirmed a “hold” rating and issued a $14.00 price target on shares of Hortonworks in a report on Thursday, November 2nd. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $21.23.

Several institutional investors and hedge funds have recently modified their holdings of HDP. ETF Managers Group LLC acquired a new position in shares of Hortonworks in the 2nd quarter worth approximately $125,000. Legal & General Group Plc raised its holdings in shares of 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. UBS Asset Management Americas Inc. raised its holdings in shares of 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. Gotham Asset Management LLC acquired a new position in shares of Hortonworks in the 2nd quarter worth approximately $170,000. Finally, Quantbot Technologies LP bought a new stake in Hortonworks during the 2nd quarter worth approximately $173,000. 57.60% of the stock is owned by institutional investors and hedge funds.

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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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