Hortonworks Inc (NASDAQ:HDP) insider Scott Reasoner sold 8,387 shares of the stock in a transaction that occurred on Wednesday, November 21st. The shares were sold at an average price of $14.80, for a total transaction of $124,127.60. Following the sale, the insider now directly owns 153,325 shares of the company’s stock, valued at $2,269,210. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

  • On Monday, November 19th, Scott Reasoner sold 3,605 shares of Hortonworks stock. The shares were sold at an average price of $15.74, for a total transaction of $56,742.70.
  • On Thursday, October 25th, Scott Reasoner sold 1,361 shares of Hortonworks stock. The shares were sold at an average price of $16.86, for a total transaction of $22,946.46.
  • On Thursday, October 18th, Scott Reasoner sold 3,049 shares of Hortonworks stock. The shares were sold at an average price of $19.71, for a total transaction of $60,095.79.
  • On Wednesday, October 10th, Scott Reasoner sold 4,174 shares of Hortonworks stock. The shares were sold at an average price of $22.35, for a total transaction of $93,288.90.
  • On Tuesday, October 2nd, Scott Reasoner sold 1,362 shares of Hortonworks stock. The shares were sold at an average price of $22.01, for a total transaction of $29,977.62.
  • On Tuesday, September 25th, Scott Reasoner sold 4,166 shares of Hortonworks stock. The shares were sold at an average price of $22.75, for a total transaction of $94,776.50.
  • On Thursday, September 27th, Scott Reasoner sold 9,238 shares of Hortonworks stock. The shares were sold at an average price of $22.81, for a total transaction of $210,718.78.
  • On Monday, September 17th, Scott Reasoner sold 3,126 shares of Hortonworks stock. The shares were sold at an average price of $25.02, for a total transaction of $78,212.52.
  • On Tuesday, September 4th, Scott Reasoner sold 5,730 shares of Hortonworks stock. The shares were sold at an average price of $22.00, for a total transaction of $126,060.00.
  • On Thursday, September 6th, Scott Reasoner sold 9,897 shares of Hortonworks stock. The shares were sold at an average price of $21.51, for a total transaction of $212,884.47.

HDP traded up $1.05 during trading on Wednesday, reaching $14.83. The company had a trading volume of 784,400 shares, compared to its average volume of 1,177,565. The company has a market cap of $1.21 billion, a PE ratio of -4.85 and a beta of 1.70. Hortonworks Inc has a 52 week low of $13.63 and a 52 week 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 analysts’ consensus estimates of ($0.48) by $0.11. The company had revenue of $87.20 million during the quarter, compared to the consensus estimate of $87.07 million. The firm’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.24) earnings per share. On average, sell-side analysts anticipate that Hortonworks Inc will post -1.81 EPS for the current year.

A number of institutional investors and hedge funds have recently modified their holdings of HDP. Global X Management Co LLC bought a new stake in Hortonworks in the second quarter worth $156,000. Amalgamated Bank bought a new stake in shares of Hortonworks during the second quarter worth $192,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Hortonworks during the second quarter worth $202,000. Ashfield Capital Partners LLC bought a new stake in shares of Hortonworks during the third quarter worth $205,000. Finally, Signaturefd LLC bought a new stake in shares of Hortonworks during the second quarter worth $209,000. Institutional investors own 76.07% of the company’s stock.

A number of research analysts have recently commented on the company. BidaskClub downgraded Hortonworks from a “buy” rating to a “hold” rating in a research report on Thursday, October 11th. ValuEngine downgraded Hortonworks from a “buy” rating to a “hold” rating in a research report on Monday, July 30th. Needham & Company LLC increased their target price on Hortonworks from $27.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. BTIG Research assumed coverage on Hortonworks in a research report on Wednesday, September 12th. They set a “buy” rating for the company. Finally, Zacks Investment Research downgraded Hortonworks from a “hold” rating to a “sell” rating in a research report on Wednesday, October 10th. One equities research 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’s stock. The company presently has an average rating of “Buy” and an average target price of $26.27.

TRADEMARK VIOLATION NOTICE: “Hortonworks Inc (HDP) Insider Scott Reasoner Sells 8,387 Shares” was originally reported by Daily Political and is owned by of Daily Political. If you are reading this story on another website, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this story can be read at https://www.dailypolitical.com/2018/11/21/hortonworks-inc-hdp-insider-scott-reasoner-sells-8387-shares.html.

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.

Featured Story: What strategies should day traders use to execute a trade?

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

Receive News & Ratings for Hortonworks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hortonworks and related companies with MarketBeat.com's FREE daily email newsletter.