Hortonworks, Inc. (NASDAQ:HDP) insider Scott Reasoner sold 6,250 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $19.39, for a total transaction of $121,187.50. Following the transaction, the insider now owns 237,678 shares of the company’s stock, valued at approximately $4,608,576.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Tuesday, October 31st, Scott Reasoner sold 2,364 shares of Hortonworks stock. The stock was sold at an average price of $16.43, for a total transaction of $38,840.52.

Hortonworks, Inc. (HDP) traded down $0.44 during trading on Thursday, reaching $19.01. 1,264,376 shares of the company were exchanged, compared to its average volume of 827,914. Hortonworks, Inc. has a 52 week low of $8.02 and a 52 week high of $20.66.

Hortonworks (NASDAQ:HDP) last released its quarterly earnings results on Thursday, November 2nd. The software maker reported ($0.24) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.40) by $0.16. The company had revenue of $69.00 million for the quarter, compared to the consensus estimate of $63.11 million. Hortonworks had a negative net margin of 89.35% and a negative return on equity of 765.37%. Hortonworks’s revenue was up 45.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.68) earnings per share. equities analysts forecast that Hortonworks, Inc. will post -2.98 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in HDP. Lyon Street Capital LLC raised its stake in shares of Hortonworks by 27.0% in the second quarter. Lyon Street Capital LLC now owns 272,095 shares of the software maker’s stock valued at $3,505,000 after acquiring an additional 57,845 shares during the period. Schwab Charles Investment Management Inc. raised its stake 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 acquiring an additional 29,747 shares during the period. Fox Run Management L.L.C. purchased a new stake in shares of Hortonworks in the third quarter valued at $420,000. Northern Trust Corp raised its stake in shares of Hortonworks by 12.3% in the second quarter. Northern Trust Corp now owns 573,682 shares of the software maker’s stock valued at $7,389,000 after acquiring an additional 62,673 shares during the period. Finally, Trellus Management Company LLC purchased a new stake in shares of Hortonworks in the third quarter valued at $254,000. 58.91% of the stock is currently owned by institutional investors.

A number of equities analysts recently weighed in on the stock. BidaskClub upgraded shares of Hortonworks from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Zacks Investment Research lowered shares of Hortonworks from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Barclays upped their target price on shares of Hortonworks from $16.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, August 25th. Royal Bank Of Canada restated a “buy” rating and set a $20.00 target price on shares of Hortonworks in a research report on Friday, November 3rd. Finally, Credit Suisse Group assumed coverage on shares of Hortonworks in a research report on Tuesday, September 5th. They set an “outperform” rating and a $20.00 target price for the company. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $20.46.

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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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