Hortonworks, Inc. (NASDAQ:HDP) insider Shaun Connolly sold 7,831 shares of the firm’s stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $13.55, for a total transaction of $106,110.05. Following the completion of the transaction, the insider now directly owns 443,347 shares in the company, valued at approximately $6,007,351.85. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • On Tuesday, June 20th, Shaun Connolly sold 54,313 shares of Hortonworks stock. The shares were sold at an average price of $13.23, for a total transaction of $718,560.99.
  • On Thursday, June 15th, Shaun Connolly sold 7,830 shares of Hortonworks stock. The shares were sold at an average price of $12.59, for a total transaction of $98,579.70.
  • On Tuesday, June 6th, Shaun Connolly sold 10,654 shares of Hortonworks stock. The shares were sold at an average price of $12.61, for a total transaction of $134,346.94.
  • On Tuesday, May 30th, Shaun Connolly sold 88,875 shares of Hortonworks stock. The shares were sold at an average price of $13.09, for a total transaction of $1,163,373.75.
  • On Monday, May 15th, Shaun Connolly sold 7,831 shares of Hortonworks stock. The shares were sold at an average price of $13.48, for a total transaction of $105,561.88.

Shares of Hortonworks, Inc. (NASDAQ:HDP) traded down 0.70% during midday trading on Tuesday, hitting $14.28. 998,542 shares of the stock were exchanged. The stock’s 50-day moving average price is $12.97 and its 200-day moving average price is $10.59. The firm’s market capitalization is $590.72 million. Hortonworks, Inc. has a 1-year low of $6.42 and a 1-year high of $14.60.

Hortonworks (NASDAQ:HDP) last issued its earnings results on Thursday, May 4th. The software maker reported ($0.88) EPS for the quarter, topping the consensus estimate of ($0.93) by $0.05. Hortonworks had a negative return on equity of 765.37% and a negative net margin of 120.94%. The business had revenue of $55.97 million during the quarter, compared to the consensus estimate of $52.21 million. During the same quarter last year, the company earned ($0.68) EPS. The firm’s revenue was up 35.4% compared to the same quarter last year. On average, analysts forecast that Hortonworks, Inc. will post ($1.81) EPS for the current year.

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Several brokerages have commented on HDP. Sanford C. Bernstein restated an “outperform” rating and set a $21.00 target price on shares of Hortonworks in a report on Friday. Craig Hallum began coverage on shares of Hortonworks in a report on Monday. They set a “buy” rating and a $23.00 target price on the stock. Rosenblatt Securities restated a “buy” rating and set a $20.00 target price on shares of Hortonworks in a report on Monday, June 12th. Drexel Hamilton restated a “buy” rating and set a $21.00 target price on shares of Hortonworks in a report on Wednesday, June 14th. Finally, Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Hortonworks in a report on Thursday, May 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $16.69.

Hedge funds have recently added to or reduced their stakes in the stock. Princeton Alpha Management LP acquired a new stake in Hortonworks during the first quarter valued at $110,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Hortonworks during the first quarter worth $117,000. FNY Partners Fund LP purchased a new position in shares of Hortonworks during the first quarter worth $117,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Hortonworks during the first quarter worth $192,000. Finally, Capital Fund Management S.A. purchased a new position in shares of Hortonworks during the first quarter worth $198,000. 49.78% of the stock is currently owned by hedge funds and other institutional investors.

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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