Hortonworks, Inc. (NASDAQ:HDP) CTO Scott E. Gnau sold 24,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $19.35, for a total transaction of $464,400.00. Following the completion of the transaction, the chief technology officer now owns 253,743 shares of the company’s stock, valued at approximately $4,909,927.05. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Hortonworks, Inc. (HDP) traded down $0.84 during trading on Monday, hitting $18.19. 1,732,605 shares of the company’s stock traded hands, compared to its average volume of 831,263. Hortonworks, Inc. has a 52 week low of $8.02 and a 52 week high of $20.66.

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

Several research firms recently weighed in on HDP. BidaskClub upgraded shares of Hortonworks from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Drexel Hamilton restated a “buy” rating and issued a $26.00 price objective on shares of Hortonworks in a research report on Monday, November 6th. Royal Bank Of Canada restated a “buy” rating and issued a $20.00 price objective on shares of Hortonworks in a research report on Friday, November 3rd. Zacks Investment Research upgraded shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Tuesday, November 7th. Finally, Credit Suisse Group began coverage on shares of Hortonworks in a research report on Tuesday, September 5th. They issued an “outperform” rating and a $20.00 price objective for the company. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $20.46.

Institutional investors have recently modified their holdings of the business. ETF Managers Group LLC bought a new stake in shares of Hortonworks during the 2nd quarter valued at $125,000. Legal & General Group Plc raised its position in shares of Hortonworks by 8.1% during the 2nd quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock valued at $144,000 after acquiring an additional 837 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in shares of Hortonworks by 15.9% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 12,400 shares of the software maker’s stock valued at $160,000 after acquiring an additional 1,700 shares during the last quarter. Gotham Asset Management LLC bought a new stake in shares of Hortonworks during the 2nd quarter valued at $170,000. Finally, Quantbot Technologies LP bought a new stake in shares of Hortonworks during the 2nd quarter valued at $173,000. Institutional investors own 58.81% of the company’s stock.

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Hortonworks Company Profile

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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