Hortonworks Inc (NASDAQ:HDP) insider Scott Davidson sold 49,539 shares of Hortonworks stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $20.74, for a total value of $1,027,438.86. Following the sale, the insider now directly owns 936,011 shares in the company, valued at $19,412,868.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Scott Davidson also recently made the following trade(s):
- On Friday, December 15th, Scott Davidson sold 45,630 shares of Hortonworks stock. The shares were sold at an average price of $19.92, for a total value of $908,949.60.
- On Monday, December 4th, Scott Davidson sold 18,068 shares of Hortonworks stock. The shares were sold at an average price of $18.41, for a total value of $332,631.88.
- 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 value of $293,526.00.
Hortonworks Inc (NASDAQ:HDP) opened at $20.83 on Friday. The company has a market capitalization of $1,470.00, a P/E ratio of -6.18 and a beta of 1.66. Hortonworks Inc has a 12 month low of $8.74 and a 12 month high of $22.00.
Hortonworks (NASDAQ:HDP) last posted its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.24) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.40) by $0.16. The company had revenue of $69.00 million during the quarter, compared to analyst estimates of $63.11 million. Hortonworks’s revenue was up 45.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.68) earnings per share. equities research analysts predict that Hortonworks Inc will post -2.98 EPS for the current fiscal year.
HDP has been the topic of a number of recent research reports. Royal Bank of Canada reissued a “buy” rating and set a $16.00 price target on shares of Hortonworks in a research note on Sunday, September 17th. Drexel Hamilton reissued a “buy” rating and set a $22.00 price target on shares of Hortonworks in a research note on Thursday, September 21st. Zacks Investment Research raised Hortonworks from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. BidaskClub lowered Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Finally, Northland Securities reissued a “buy” rating and set a $24.00 price target on shares of Hortonworks in a research note on Thursday, October 19th. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Hortonworks presently has a consensus rating of “Buy” and an average price target of $21.23.
Institutional investors and hedge funds have recently modified their holdings of the business. ETF Managers Group LLC acquired a new position in Hortonworks in the second quarter valued at approximately $125,000. Legal & General Group Plc lifted its stake in Hortonworks by 8.1% in the second quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock valued at $144,000 after buying an additional 837 shares during the period. UBS Asset Management Americas Inc. lifted its stake in Hortonworks by 15.9% in the second quarter. UBS Asset Management Americas Inc. now owns 12,400 shares of the software maker’s stock valued at $160,000 after buying an additional 1,700 shares during the period. Gotham Asset Management LLC acquired a new position in Hortonworks in the second quarter valued at approximately $170,000. Finally, Quantbot Technologies LP acquired a new position in Hortonworks in the second quarter valued at approximately $173,000. 57.60% of the stock is currently owned by hedge funds and other institutional investors.
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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.
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