Hortonworks Inc (NASDAQ:HDP) insider Scott Davidson sold 18,068 shares of the stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $18.41, for a total transaction of $332,631.88. Following the sale, the insider now directly owns 1,005,311 shares of the company’s stock, valued at approximately $18,507,775.51. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Thursday, November 9th, Scott Davidson sold 16,307 shares of Hortonworks stock. The shares were sold at an average price of $18.00, for a total transaction of $293,526.00.
  • On Wednesday, September 13th, Scott Davidson sold 30,000 shares of Hortonworks stock. The shares were sold at an average price of $16.69, for a total transaction of $500,700.00.

Shares of Hortonworks Inc (NASDAQ HDP) traded up $0.34 during mid-day trading on Wednesday, hitting $19.00. 501,868 shares of the stock traded hands, compared to its average volume of 829,842. Hortonworks Inc has a one year low of $8.02 and a one year high of $20.66.

Hortonworks (NASDAQ:HDP) last announced its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.24) EPS for the quarter, topping the consensus estimate of ($0.40) by $0.16. The company had revenue of $69.00 million during 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%. The company’s quarterly revenue was up 45.3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.68) EPS. research analysts expect that Hortonworks Inc will post -2.98 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of HDP. Nikko Asset Management Americas Inc. lifted its holdings in shares of Hortonworks by 885.5% in the 2nd quarter. Nikko Asset Management Americas Inc. now owns 674,100 shares of the software maker’s stock worth $8,682,000 after purchasing an additional 605,700 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of Hortonworks by 862.3% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 650,500 shares of the software maker’s stock worth $8,378,000 after purchasing an additional 582,900 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Hortonworks by 71.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 990,363 shares of the software maker’s stock worth $12,756,000 after purchasing an additional 412,539 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Hortonworks by 13.6% in the 2nd quarter. Vanguard Group Inc. now owns 3,257,682 shares of the software maker’s stock worth $41,959,000 after purchasing an additional 389,514 shares in the last quarter. Finally, Broadview Advisors LLC bought a new position in shares of Hortonworks in the 2nd quarter worth $4,485,000. Institutional investors own 58.81% of the company’s stock.

A number of analysts have weighed in on the stock. ValuEngine raised shares of Hortonworks from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Cowen reissued a “market perform” rating and set a $14.00 target price (up previously from $11.00) on shares of Hortonworks in a research report on Wednesday, August 9th. Zacks Investment Research downgraded shares of Hortonworks from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $20.00 price objective on shares of Hortonworks in a research report on Friday, November 3rd. Finally, Drexel Hamilton reaffirmed a “buy” rating and set a $26.00 price objective on shares of Hortonworks in a research report on Monday, November 6th. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Hortonworks has an average rating of “Buy” and an average price target of $20.46.

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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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