Scott Reasoner Sells 4,678 Shares of Hortonworks Inc (HDP) Stock

Hortonworks Inc (NASDAQ:HDP) insider Scott Reasoner sold 4,678 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $17.76, for a total value of $83,081.28. Following the completion of the transaction, the insider now owns 258,125 shares in the company, valued at approximately $4,584,300. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Friday, 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 Friday, 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.

Shares of Hortonworks Inc (HDP) traded down $0.49 during trading on Tuesday, reaching $17.52. The company had a trading volume of 841,946 shares, compared to its average volume of 673,995. Hortonworks Inc has a 52-week low of $9.10 and a 52-week high of $22.00. The stock has a market capitalization of $1,240.00, a P/E ratio of -5.65 and a beta of 1.52.

Hortonworks (NASDAQ:HDP) last announced its quarterly earnings data on Thursday, February 8th. The software maker reported ($0.24) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.24). The company had revenue of $75.01 million for the quarter, compared to analysts’ expectations of $70.44 million. During the same quarter in the previous year, the business posted ($0.50) EPS. The business’s quarterly revenue was up 44.4% compared to the same quarter last year. research analysts forecast that Hortonworks Inc will post -2.48 EPS for the current fiscal year.

HDP has been the topic of several research reports. Royal Bank of Canada restated a “buy” rating on shares of Hortonworks in a research report on Wednesday, October 18th. Northland Securities restated a “buy” rating and issued a $24.00 target price on shares of Hortonworks in a research report on Thursday, October 19th. Mizuho restated a “hold” rating and issued a $14.00 target price on shares of Hortonworks in a research report on Thursday, November 2nd. Drexel Hamilton restated a “buy” rating and issued a $26.00 target price on shares of Hortonworks in a research report on Monday, November 6th. Finally, BidaskClub upgraded Hortonworks from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Hortonworks currently has a consensus rating of “Buy” and a consensus price target of $21.92.

Hedge funds have recently bought and sold shares of the business. Legal & General Group Plc increased its stake in Hortonworks by 8.1% during the second quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock worth $144,000 after acquiring an additional 837 shares during the last quarter. UBS Asset Management Americas Inc. increased its stake in Hortonworks by 15.9% during the second quarter. UBS Asset Management Americas Inc. now owns 12,400 shares of the software maker’s stock worth $160,000 after acquiring an additional 1,700 shares during the last quarter. Gotham Asset Management LLC acquired a new stake in Hortonworks during the second quarter worth $170,000. AXA acquired a new stake in Hortonworks during the fourth quarter worth $209,000. Finally, New Jersey Better Educational Savings Trust acquired a new stake in Hortonworks during the third quarter worth $237,000. 56.61% of the stock is owned by institutional investors.

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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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