Hortonworks Inc (NASDAQ:HDP) insider Scott Davidson sold 17,845 shares of Hortonworks stock in a transaction on Friday, November 9th. The shares were sold at an average price of $17.94, for a total value of $320,139.30. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Scott Davidson also recently made the following trade(s):

  • On Wednesday, September 12th, Scott Davidson sold 10,531 shares of Hortonworks stock. The shares were sold at an average price of $23.64, for a total value of $248,952.84.

Shares of HDP stock opened at $15.55 on Wednesday. Hortonworks Inc has a 12-month low of $15.20 and a 12-month high of $26.22.

Hortonworks (NASDAQ:HDP) last issued its quarterly earnings results on Thursday, November 8th. The software maker reported ($0.37) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.48) by $0.11. The firm had revenue of $87.20 million for the quarter, compared to the consensus estimate of $87.07 million. During the same period last year, the firm earned ($0.24) EPS. The company’s revenue for the quarter was up 26.4% on a year-over-year basis. As a group, equities research analysts anticipate that Hortonworks Inc will post -1.98 earnings per share for the current fiscal year.

HDP has been the subject of several research analyst reports. Wells Fargo & Co lifted their price objective on Hortonworks to $32.50 and gave the company an “outperform” rating in a research note on Friday, September 14th. DA Davidson lifted their price target on Hortonworks from $24.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, October 4th. BidaskClub lowered Hortonworks from a “hold” rating to a “sell” rating in a research note on Saturday, October 27th. ValuEngine lowered Hortonworks from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Citigroup set a $33.00 price target on Hortonworks and gave the stock a “buy” rating in a research note on Friday, November 9th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $26.50.

A number of hedge funds have recently modified their holdings of HDP. Advisors Asset Management Inc. purchased a new position in shares of Hortonworks in the second quarter worth about $226,000. Global X Management Co LLC purchased a new position in shares of Hortonworks in the second quarter worth about $156,000. Ashfield Capital Partners LLC purchased a new position in shares of Hortonworks in the third quarter worth about $205,000. Amalgamated Bank purchased a new position in shares of Hortonworks in the second quarter worth about $192,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Hortonworks in the second quarter worth about $202,000. 79.75% of the stock is owned by hedge funds and other institutional investors.

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About Hortonworks

Hortonworks, Inc provides data management platforms, services, and solutions in North America, the Asia Pacific, Europe, and Latin America. It offers Hortonworks Data Platform (HDP), an enterprise-scale data management platform which provides a platform for multi-workload data processing; Hortonworks DataFlow, a data-in-motion platform to automate and secure Internet of anything data flows, as well as to collect, conduct, and curate real-time business insights and actions derived from data in motion, including sensors, machines, geolocation devices, clicks, server logs, and social feeds; and Hortonworks DataPlane Service simplifies managing, securing, governing, provisioning, and consuming distributed data systems.

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