Hortonworks, Inc. (NASDAQ:HDP) insider Shaun Connolly sold 2,083 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $17.01, for a total value of $35,431.83. Following the completion of the transaction, the insider now owns 387,412 shares of the company’s stock, valued at $6,589,878.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Friday, August 25th, Shaun Connolly sold 66,664 shares of Hortonworks stock. The shares were sold at an average price of $16.06, for a total value of $1,070,623.84.
  • 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 value 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 value 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 value 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 value 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 value of $718,560.99.

Shares of Hortonworks, Inc. (NASDAQ HDP) traded down 1.79% during midday trading on Thursday, reaching $16.45. The company’s stock had a trading volume of 525,542 shares. The stock’s market capitalization is $680.49 million. Hortonworks, Inc. has a 52 week low of $6.42 and a 52 week high of $17.70. The stock has a 50-day moving average price of $15.42 and a 200 day moving average price of $12.59.

Hortonworks (NASDAQ:HDP) last released its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.87) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.87). The firm had revenue of $61.83 million during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 41.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.72) earnings per share. Equities analysts forecast that Hortonworks, Inc. will post ($1.72) earnings per share for the current year.

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Several equities analysts recently commented on HDP shares. Cowen and Company upped their target price on Hortonworks from $10.00 to $11.00 and gave the company a “market perform” rating in a research note on Friday, June 16th. Mizuho reiterated a “hold” rating and issued a $14.00 target price on shares of Hortonworks in a research note on Friday, August 4th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 target price on shares of Hortonworks in a research note on Sunday. Northland Securities reiterated a “buy” rating and issued a $24.00 target price on shares of Hortonworks in a research note on Monday, July 17th. Finally, Drexel Hamilton reiterated a “buy” rating and issued a $21.00 target price on shares of Hortonworks in a research note on Saturday, July 22nd. Two analysts have rated the stock with a sell rating, four have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Hortonworks has a consensus rating of “Buy” and a consensus price target of $18.21.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HDP. Teachers Advisors LLC boosted its position in Hortonworks by 4.5% during the fourth quarter. Teachers Advisors LLC now owns 66,979 shares of the software maker’s stock valued at $557,000 after purchasing an additional 2,862 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Hortonworks by 21.2% during the first quarter. Russell Investments Group Ltd. now owns 577,824 shares of the software maker’s stock valued at $5,668,000 after purchasing an additional 100,953 shares during the last quarter. Wells Fargo & Company MN boosted its position in Hortonworks by 73.9% during the first quarter. Wells Fargo & Company MN now owns 48,421 shares of the software maker’s stock valued at $475,000 after purchasing an additional 20,577 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Hortonworks by 50.2% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 67,600 shares of the software maker’s stock valued at $663,000 after purchasing an additional 22,600 shares during the last quarter. Finally, Capital Fund Management S.A. acquired a new stake in Hortonworks during the first quarter valued at $198,000. 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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