Hortonworks Inc (HDP) Insider Shaun Connolly Sells 7,102 Shares

Hortonworks Inc (NASDAQ:HDP) insider Shaun Connolly sold 7,102 shares of the firm’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $19.22, for a total value of $136,500.44. Following the completion of the transaction, the insider now directly owns 262,282 shares in the company, valued at $5,041,060.04. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • On Friday, January 12th, Shaun Connolly sold 2,083 shares of Hortonworks stock. The stock was sold at an average price of $20.92, for a total value of $43,576.36.
  • On Monday, January 8th, Shaun Connolly sold 8,863 shares of Hortonworks stock. The stock was sold at an average price of $19.68, for a total value of $174,423.84.
  • On Tuesday, December 12th, Shaun Connolly sold 2,084 shares of Hortonworks stock. The stock was sold at an average price of $19.64, for a total value of $40,929.76.
  • 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 value of $37,973.09.

Hortonworks Inc (HDP) traded down $0.56 during trading hours on Thursday, reaching $18.84. The company’s stock had a trading volume of 929,184 shares, compared to its average volume of 525,615. The company has a market capitalization of $1,330.00, a PE ratio of -5.59 and a beta of 1.52. Hortonworks Inc has a twelve month low of $9.10 and a twelve month high of $22.00.

Hortonworks (NASDAQ:HDP) last posted its quarterly earnings results on Wednesday, February 7th. The software maker reported ($0.24) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.24). The business had revenue of $75.01 million for the quarter, compared to the consensus estimate of $70.44 million. Hortonworks’s revenue was up 44.4% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.50) earnings per share. research analysts anticipate that Hortonworks Inc will post -3.02 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the business. Elk Creek Partners LLC bought a new stake in shares of Hortonworks in the third quarter worth about $3,152,000. State Street Corp increased its holdings in shares of Hortonworks by 8.8% in the second quarter. State Street Corp now owns 779,256 shares of the software maker’s stock worth $10,036,000 after purchasing an additional 62,903 shares during the last quarter. Citadel Advisors LLC increased its holdings in shares of Hortonworks by 66.7% in the third quarter. Citadel Advisors LLC now owns 266,820 shares of the software maker’s stock worth $4,523,000 after purchasing an additional 106,777 shares during the last quarter. Commonwealth Equity Services Inc bought a new stake in shares of Hortonworks in the third quarter worth about $1,333,000. Finally, Fox Run Management L.L.C. bought a new stake in shares of Hortonworks in the third quarter worth about $420,000. 57.47% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts recently commented on the company. ValuEngine raised Hortonworks from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. Credit Suisse Group cut Hortonworks from an “outperform” rating to a “neutral” rating and set a $20.00 target price on the stock. in a report on Tuesday, January 16th. Mizuho raised their target price on Hortonworks from $14.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, January 12th. BidaskClub cut Hortonworks from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Finally, Barclays cut Hortonworks from an “overweight” rating to an “equal weight” rating and set a $22.00 price target on the stock. in a report on Monday, January 8th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $21.92.

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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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