Hortonworks, Inc. (NASDAQ:HDP) insider Scott Davidson sold 30,000 shares of the stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $16.69, for a total transaction of $500,700.00. Following the sale, the insider now owns 1,131,322 shares of the company’s stock, valued at approximately $18,881,764.18. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

  • On Wednesday, July 5th, Scott Davidson sold 42,061 shares of Hortonworks stock. The stock was sold at an average price of $12.51, for a total transaction of $526,183.11.

Shares of Hortonworks, Inc. (NASDAQ:HDP) traded up 1.46% during midday trading on Friday, reaching $16.69. 985,327 shares of the company’s stock were exchanged. The company’s 50 day moving average is $15.42 and its 200-day moving average is $12.59. Hortonworks, Inc. has a 12 month low of $6.42 and a 12 month high of $17.70. The stock’s market cap is $690.42 million.

Hortonworks (NASDAQ:HDP) last posted its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.87) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.87). The firm had revenue of $61.83 million for 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 company’s revenue for the quarter was up 41.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.72) EPS. Equities analysts forecast that Hortonworks, Inc. will post ($1.72) EPS for the current fiscal year.

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HDP has been the subject of a number of recent analyst reports. Sanford C. Bernstein initiated coverage on shares of Hortonworks in a research report on Wednesday, May 24th. They set an “outperform” rating and a $21.00 target price for the company. Mizuho cut shares of Hortonworks from a “buy” rating to a “neutral” rating and increased their target price for the stock from $13.00 to $14.00 in a research report on Thursday, May 25th. Rosenblatt Securities reiterated a “buy” rating and set a $20.00 target price on shares of Hortonworks in a research report on Monday, June 12th. Drexel Hamilton reiterated a “buy” rating and set a $21.00 target price on shares of Hortonworks in a research report on Wednesday, June 14th. Finally, Wunderlich increased their target price on shares of Hortonworks from $15.00 to $18.00 and gave the stock a “buy” rating in a research report on Wednesday, June 14th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $18.21.

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of Hortonworks by 13.6% during the 2nd quarter. Vanguard Group Inc. now owns 3,257,682 shares of the software maker’s stock worth $41,959,000 after buying an additional 389,514 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Hortonworks by 71.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 990,363 shares of the software maker’s stock worth $12,756,000 after buying an additional 412,539 shares in the last quarter. ARK Investment Management LLC boosted its holdings in shares of Hortonworks by 5.9% during the 2nd quarter. ARK Investment Management LLC now owns 837,483 shares of the software maker’s stock worth $10,787,000 after buying an additional 46,391 shares in the last quarter. State Street Corp boosted its holdings in shares of Hortonworks by 8.8% during the 2nd quarter. State Street Corp now owns 779,256 shares of the software maker’s stock worth $10,036,000 after buying an additional 62,903 shares in the last quarter. Finally, Nikko Asset Management Americas Inc. boosted its holdings in shares of Hortonworks by 885.5% during the 2nd quarter. Nikko Asset Management Americas Inc. now owns 674,100 shares of the software maker’s stock worth $8,682,000 after buying an additional 605,700 shares in the last quarter. Hedge funds and other institutional investors own 49.62% of the company’s stock.

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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