Hortonworks Inc (NASDAQ:HDP) insider Shaun Connolly sold 2,083 shares of the business’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of $20.92, for a total value of $43,576.36. Following the completion of the sale, the insider now directly owns 238,069 shares in the company, valued at approximately $4,980,403.48. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Monday, January 8th, Shaun Connolly sold 8,863 shares of Hortonworks stock. The shares were sold at an average price of $19.68, for a total value of $174,423.84.
  • 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.

Hortonworks Inc (NASDAQ:HDP) traded up $0.21 during mid-day trading on Wednesday, hitting $20.66. The stock had a trading volume of 780,038 shares, compared to its average volume of 602,706. The company has a market capitalization of $1,460.00, a P/E ratio of -6.13 and a beta of 1.66. Hortonworks Inc has a 12 month low of $8.74 and a 12 month high of $22.00.

Hortonworks (NASDAQ:HDP) last released its earnings results on Thursday, November 2nd. The software maker reported ($0.24) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.40) by $0.16. The firm had revenue of $69.00 million for the quarter, compared to the consensus estimate of $63.11 million. The company’s revenue was up 45.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.68) EPS. sell-side analysts expect that Hortonworks Inc will post -2.98 EPS for the current fiscal year.

Several analysts recently commented on HDP shares. Drexel Hamilton reaffirmed a “buy” rating and issued a $22.00 price target on shares of Hortonworks in a research note on Thursday, September 21st. Zacks Investment Research upgraded Hortonworks from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. BidaskClub downgraded Hortonworks from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. Royal Bank of Canada reiterated a “buy” rating on shares of Hortonworks in a research report on Wednesday, October 18th. Finally, Northland Securities reiterated a “buy” rating and issued a $24.00 price objective on shares of Hortonworks in a research report on Thursday, October 19th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Hortonworks currently has an average rating of “Buy” and a consensus target price of $21.92.

Several hedge funds have recently added to or reduced their stakes in HDP. ETF Managers Group LLC bought a new stake in shares of Hortonworks during the second quarter worth $125,000. Legal & General Group Plc raised its position in shares of Hortonworks by 8.1% during the second quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock worth $144,000 after acquiring an additional 837 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in shares of Hortonworks by 15.9% during the second quarter. UBS Asset Management Americas Inc. now owns 12,400 shares of the software maker’s stock worth $160,000 after acquiring an additional 1,700 shares during the last quarter. Gotham Asset Management LLC bought a new stake in shares of Hortonworks during the second quarter worth $170,000. Finally, Quantbot Technologies LP bought a new stake in shares of Hortonworks during the second quarter worth $173,000. Institutional investors own 57.60% of the company’s stock.

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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.

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

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