Hortonworks Inc (HDP) Insider Scott Reasoner Sells 5,224 Shares

Hortonworks Inc (NASDAQ:HDP) insider Scott Reasoner sold 5,224 shares of the stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $20.29, for a total value of $105,994.96. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

  • On Saturday, December 29th, Scott Reasoner sold 5,224 shares of Hortonworks stock. The shares were sold at an average price of $20.29, for a total value of $105,994.96.
  • On Thursday, November 30th, Scott Reasoner sold 6,250 shares of Hortonworks stock. The shares were sold at an average price of $19.39, for a total value of $121,187.50.
  • On Tuesday, October 31st, Scott Reasoner sold 2,364 shares of Hortonworks stock. The shares were sold at an average price of $16.43, for a total value of $38,840.52.

Shares of Hortonworks Inc (NASDAQ:HDP) traded up $0.25 on Wednesday, reaching $21.27. The company had a trading volume of 1,110,546 shares, compared to its average volume of 865,950. Hortonworks Inc has a 52-week low of $8.73 and a 52-week high of $22.00. The company has a market capitalization of $1,500.00, a PE ratio of -6.31 and a beta of 1.66.

Hortonworks (NASDAQ:HDP) last announced its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.24) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.40) by $0.16. The firm had revenue of $69.00 million for the quarter, compared to the consensus estimate of $63.11 million. During the same quarter last year, the business earned ($0.68) earnings per share. The business’s revenue for the quarter was up 45.3% compared to the same quarter last year. equities analysts forecast that Hortonworks Inc will post -2.98 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Hortonworks by 13.6% in the second 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 during the period. Broadview Advisors LLC acquired a new stake in Hortonworks in the second quarter worth $4,485,000. Sumitomo Mitsui Trust Holdings Inc. increased its position in Hortonworks by 51.6% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 985,918 shares of the software maker’s stock worth $16,711,000 after buying an additional 335,418 shares during the period. Amundi Pioneer Asset Management Inc. acquired a new stake in Hortonworks in the third quarter worth $5,094,000. Finally, Cortina Asset Management LLC increased its position in Hortonworks by 80.7% in the third quarter. Cortina Asset Management LLC now owns 597,464 shares of the software maker’s stock worth $10,127,000 after buying an additional 266,767 shares during the period. Hedge funds and other institutional investors own 57.60% of the company’s stock.

Several research firms have recently commented on HDP. Zacks Investment Research cut Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday. Royal Bank of Canada reiterated a “buy” rating and set a $23.00 target price on shares of Hortonworks in a research note on Wednesday, December 20th. ValuEngine upgraded Hortonworks from a “sell” rating to a “hold” rating in a research note on Sunday. Rosenblatt Securities reiterated a “buy” rating and set a $25.00 target price on shares of Hortonworks in a research note on Tuesday, December 12th. Finally, BidaskClub upgraded Hortonworks from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Hortonworks presently has a consensus rating of “Buy” and a consensus target price of $21.08.

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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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