Hortonworks Inc (NASDAQ:HDP) insider Shaun Connolly sold 2,084 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $19.64, for a total transaction of $40,929.76. Following the transaction, the insider now owns 246,933 shares of the company’s stock, valued at approximately $4,849,764.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

  • On Monday, November 13th, Shaun Connolly sold 2,083 shares of Hortonworks stock. The stock was sold at an average price of $18.23, for a total transaction of $37,973.09.
  • On Monday, October 16th, Shaun Connolly sold 13,644 shares of Hortonworks stock. The shares were sold at an average price of $16.43, for a total transaction of $224,170.92.
  • On Monday, October 9th, Shaun Connolly sold 8,864 shares of Hortonworks stock. The shares were sold at an average price of $16.77, for a total transaction of $148,649.28.

Hortonworks Inc (NASDAQ HDP) traded up $0.51 during mid-day trading on Wednesday, hitting $20.27. 690,748 shares of the stock traded hands, compared to its average volume of 824,547. Hortonworks Inc has a fifty-two week low of $8.02 and a fifty-two week high of $20.66.

Hortonworks (NASDAQ:HDP) last released its quarterly earnings data 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 business 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%. The business’s revenue for the quarter was up 45.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.68) EPS. sell-side analysts predict that Hortonworks Inc will post -2.98 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC boosted its holdings in Hortonworks by 37.4% during the third quarter. Cubist Systematic Strategies LLC now owns 25,854 shares of the software maker’s stock worth $438,000 after buying an additional 7,043 shares in the last quarter. Jane Street Group LLC purchased a new stake in Hortonworks during the third quarter worth $647,000. Allianz Asset Management GmbH boosted its holdings in Hortonworks by 8.3% during the third quarter. Allianz Asset Management GmbH now owns 1,342,579 shares of the software maker’s stock worth $22,757,000 after buying an additional 102,396 shares in the last quarter. Engineers Gate Manager LP boosted its holdings in Hortonworks by 3.4% during the third quarter. Engineers Gate Manager LP now owns 97,705 shares of the software maker’s stock worth $1,656,000 after buying an additional 3,214 shares in the last quarter. Finally, Elk Creek Partners LLC purchased a new stake in Hortonworks during the third quarter worth $3,152,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.

HDP has been the topic of a number of recent analyst reports. Royal Bank of Canada restated a “buy” rating and set a $16.00 price target on shares of Hortonworks in a research note on Sunday, September 17th. BidaskClub lowered shares of Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Barclays upped their price target on shares of Hortonworks from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, August 25th. Zacks Investment Research upgraded shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Tuesday, November 7th. Finally, Mizuho restated a “hold” rating and set a $14.00 price target on shares of Hortonworks in a research note on Thursday, November 2nd. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $20.85.

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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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