Hortonworks, Inc. (NASDAQ:HDP) insider Shaun Connolly sold 66,664 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $16.06, for a total transaction of $1,070,623.84. Following the sale, the insider now owns 418,579 shares in the company, valued at approximately $6,722,378.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Monday, August 14th, Shaun Connolly sold 5,370 shares of Hortonworks stock. The shares were sold at an average price of $14.43, for a total transaction of $77,489.10.
  • On Thursday, July 20th, Shaun Connolly sold 54,312 shares of Hortonworks stock. The shares were 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 shares were 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 shares were 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 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.

Hortonworks, Inc. (NASDAQ HDP) traded down 0.68% during midday trading on Monday, hitting $16.03. 696,343 shares of the stock traded hands. The stock’s market cap is $663.11 million. Hortonworks, Inc. has a 1-year low of $6.42 and a 1-year high of $16.29. The company has a 50-day moving average of $14.08 and a 200-day moving average of $11.99.

Hortonworks (NASDAQ:HDP) last posted its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.87) EPS for the quarter, meeting the Zacks’ 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%. Hortonworks’s revenue for the quarter was up 41.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.72) earnings per share. On average, equities analysts expect that Hortonworks, Inc. will post ($1.72) EPS for the current fiscal year.

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Several equities analysts recently weighed in on HDP shares. Zacks Investment Research upgraded shares of Hortonworks from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. Mizuho lowered shares of Hortonworks from a “buy” rating to a “neutral” rating and lifted their target price for the company from $13.00 to $14.00 in a report on Thursday, May 25th. Needham & Company LLC started coverage on shares of Hortonworks in a report on Tuesday, July 25th. They set a “buy” rating and a $25.00 target price on the stock. Drexel Hamilton restated a “buy” rating and set a $21.00 target price on shares of Hortonworks in a report on Saturday, July 22nd. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $21.00 target price on shares of Hortonworks in a report on Friday, July 14th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. Hortonworks currently has an average rating of “Buy” and an average price target of $18.08.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Oppenheimer Asset Management Inc. acquired a new position in shares of Hortonworks during the first quarter valued at approximately $117,000. Russell Investments Group Ltd. increased its position in shares of Hortonworks by 21.2% in the first quarter. Russell Investments Group Ltd. now owns 577,824 shares of the software maker’s stock valued at $5,668,000 after buying an additional 100,953 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Hortonworks by 73.9% in the first quarter. Wells Fargo & Company MN now owns 48,421 shares of the software maker’s stock valued at $475,000 after buying an additional 20,577 shares during the last quarter. Capital Fund Management S.A. acquired a new position in shares of Hortonworks during the first quarter valued at approximately $198,000. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Hortonworks by 17.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 205,032 shares of the software maker’s stock valued at $2,012,000 after buying an additional 29,747 shares during the last quarter. 49.62% of the stock is owned by hedge funds and other institutional investors.

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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