Hortonworks Inc (NASDAQ:HDP) insider Scott Reasoner sold 9,897 shares of the firm’s stock in a transaction dated Thursday, September 6th. The stock was sold at an average price of $21.51, for a total value of $212,884.47. Following the sale, the insider now owns 188,159 shares of the company’s stock, valued at $4,047,300.09. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Tuesday, September 4th, Scott Reasoner sold 5,730 shares of Hortonworks stock. The stock was sold at an average price of $22.00, for a total value of $126,060.00.
  • On Tuesday, August 28th, Scott Reasoner sold 2,724 shares of Hortonworks stock. The stock was sold at an average price of $21.53, for a total value of $58,647.72.
  • On Thursday, August 30th, Scott Reasoner sold 8,446 shares of Hortonworks stock. The stock was sold at an average price of $22.25, for a total value of $187,923.50.
  • On Tuesday, August 21st, Scott Reasoner sold 5,495 shares of Hortonworks stock. The stock was sold at an average price of $21.15, for a total value of $116,219.25.
  • On Thursday, August 23rd, Scott Reasoner sold 8,219 shares of Hortonworks stock. The stock was sold at an average price of $21.16, for a total value of $173,914.04.
  • On Thursday, August 9th, Scott Reasoner sold 6,009 shares of Hortonworks stock. The stock was sold at an average price of $20.00, for a total value of $120,180.00.
  • On Friday, June 29th, Scott Reasoner sold 5,224 shares of Hortonworks stock. The stock was sold at an average price of $18.09, for a total value of $94,502.16.

Shares of HDP stock traded up $0.08 during trading on Friday, reaching $22.08. The company had a trading volume of 33,439 shares, compared to its average volume of 1,149,763. Hortonworks Inc has a one year low of $15.50 and a one year high of $23.00. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of -7.21 and a beta of 1.51.

Hortonworks (NASDAQ:HDP) last issued its quarterly earnings data on Tuesday, August 7th. The software maker reported ($0.12) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.23) by $0.11. The company had revenue of $86.34 million during the quarter, compared to the consensus estimate of $80.34 million. sell-side analysts predict that Hortonworks Inc will post -1.98 earnings per share for the current fiscal year.

A number of research firms have recently weighed in on HDP. ValuEngine raised Hortonworks from a “hold” rating to a “buy” rating in a research note on Wednesday, August 8th. Needham & Company LLC raised their price target on Hortonworks from $27.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, August 8th. JMP Securities cut their price target on Hortonworks from $27.00 to $21.00 and set a “market outperform” rating for the company in a research note on Wednesday, August 8th. Monness Crespi & Hardt raised their price target on Hortonworks from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 8th. Finally, Zacks Investment Research downgraded Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday, July 11th. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Hortonworks has a consensus rating of “Buy” and a consensus price target of $24.64.

Hedge funds have recently modified their holdings of the stock. Global X Management Co LLC bought a new position in shares of Hortonworks in the 2nd quarter valued at approximately $156,000. Amalgamated Bank bought a new position in shares of Hortonworks in the 2nd quarter valued at approximately $192,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Hortonworks in the 2nd quarter valued at approximately $202,000. Signaturefd LLC acquired a new stake in Hortonworks in the 2nd quarter valued at approximately $209,000. Finally, Verition Fund Management LLC acquired a new stake in Hortonworks in the 1st quarter valued at approximately $211,000. 81.30% of the stock is currently owned by institutional investors and hedge funds.

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

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