Hortonworks, Inc. (NASDAQ:HDP) insider Shaun Connolly sold 5,370 shares of the stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $14.43, for a total transaction of $77,489.10. Following the completion of the transaction, the insider now owns 385,329 shares in the company, valued at approximately $5,560,297.47. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

  • On Thursday, July 20th, Shaun Connolly sold 54,312 shares of Hortonworks stock. The stock was sold at an average price of $12.52, for a total transaction of $679,986.24.
  • On Friday, July 14th, Shaun Connolly sold 5,026 shares of Hortonworks stock. The stock was sold at an average price of $13.30, for a total transaction of $66,845.80.
  • On Monday, July 17th, Shaun Connolly sold 7,831 shares of Hortonworks stock. The stock was sold at an average price of $13.55, for a total transaction of $106,110.05.
  • On Tuesday, June 20th, Shaun Connolly sold 54,313 shares of Hortonworks stock. The stock was 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 stock was 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 stock was 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 stock was sold at an average price of $13.09, for a total transaction of $1,163,373.75.

Hortonworks, Inc. (NASDAQ HDP) traded up 4.42% during midday trading on Wednesday, hitting $15.12. 1,123,212 shares of the stock traded hands. The company’s 50 day moving average price is $13.56 and its 200 day moving average price is $11.71. The firm’s market cap is $625.47 million. Hortonworks, Inc. has a 12 month low of $6.42 and a 12 month high of $15.18.

Hortonworks (NASDAQ:HDP) last announced its earnings results on Thursday, August 3rd. The software maker reported ($0.87) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.87). The business had revenue of $61.83 million during the quarter, compared to the consensus estimate of $57.62 million. Hortonworks had a negative return on equity of 765.37% and a negative net margin of 107.07%. The business’s quarterly revenue was up 41.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.72) EPS. Equities research analysts predict that Hortonworks, Inc. will post ($1.72) earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Macquarie Group Ltd. increased its position in Hortonworks by 0.8% in the second quarter. Macquarie Group Ltd. now owns 98,826 shares of the software maker’s stock valued at $1,273,000 after buying an additional 750 shares in the last quarter. Legal & General Group Plc increased its position in Hortonworks by 8.1% in the second quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock valued at $144,000 after buying an additional 837 shares in the last quarter. Rock Point Advisors LLC increased its position in Hortonworks by 0.3% in the second quarter. Rock Point Advisors LLC now owns 353,430 shares of the software maker’s stock valued at $4,552,000 after buying an additional 965 shares in the last quarter. California State Teachers Retirement System increased its position in Hortonworks by 1.4% in the second quarter. California State Teachers Retirement System now owns 84,780 shares of the software maker’s stock valued at $1,092,000 after buying an additional 1,200 shares in the last quarter. Finally, UBS Asset Management Americas Inc. increased its position in Hortonworks by 15.9% in the second quarter. UBS Asset Management Americas Inc. now owns 12,400 shares of the software maker’s stock valued at $160,000 after buying an additional 1,700 shares in the last quarter. 48.69% of the stock is owned by institutional investors and hedge funds.

A number of research firms have commented on HDP. Zacks Investment Research upgraded shares of Hortonworks from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. Wunderlich raised their target price on shares of Hortonworks from $15.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, June 14th. Sanford C. Bernstein began coverage on shares of Hortonworks in a research note on Wednesday, May 24th. They set an “outperform” rating and a $21.00 target price on the stock. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Hortonworks in a research note on Thursday, May 4th. Finally, Rosenblatt Securities restated a “buy” rating and set a $20.00 target price on shares of Hortonworks in a research note on Monday, June 12th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $17.77.

About Hortonworks

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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