Hortonworks Inc (NASDAQ:HDP) insider Scott Davidson sold 49,539 shares of the firm’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $20.74, for a total transaction of $1,027,438.86. Following the transaction, the insider now owns 936,011 shares of the company’s stock, valued at $19,412,868.14. The transaction was disclosed in a document filed with the SEC, 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 stock was sold at an average price of $19.92, for a total transaction of $908,949.60.
- On Monday, December 4th, Scott Davidson sold 18,068 shares of Hortonworks stock. The stock was sold at an average price of $18.41, for a total transaction of $332,631.88.
- On Thursday, November 9th, Scott Davidson sold 16,307 shares of Hortonworks stock. The stock was sold at an average price of $18.00, for a total transaction of $293,526.00.
Shares of Hortonworks Inc (HDP) traded down $0.29 on Friday, hitting $19.52. 431,535 shares of the stock traded hands, compared to its average volume of 505,572. Hortonworks Inc has a 52 week low of $9.10 and a 52 week high of $22.00. The firm has a market capitalization of $1,360.00, a P/E ratio of -5.79 and a beta of 1.52.
Hortonworks (NASDAQ:HDP) last posted its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.24) earnings per share for the quarter, topping the 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. The business’s revenue for the quarter was up 45.3% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.68) EPS. equities analysts forecast that Hortonworks Inc will post -3.02 earnings per share for the current fiscal year.
A number of research analysts have weighed in on the stock. Royal Bank of Canada reaffirmed a “buy” rating and set a $20.00 price target on shares of Hortonworks in a research report on Friday, November 3rd. BidaskClub lowered shares of Hortonworks from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Zacks Investment Research lowered shares of Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Mizuho reiterated a “hold” rating and set a $14.00 price objective on shares of Hortonworks in a research note on Thursday, November 2nd. Finally, ValuEngine upgraded shares of Hortonworks from a “sell” rating to a “hold” rating in a research note on Friday. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $21.92.
A number of hedge funds have recently bought and sold shares of HDP. ETF Managers Group LLC acquired a new stake in Hortonworks in the second quarter worth about $125,000. Legal & General Group Plc lifted its holdings in Hortonworks by 8.1% in the second quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock worth $144,000 after purchasing an additional 837 shares during the period. UBS Asset Management Americas Inc. lifted its holdings 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 worth $160,000 after purchasing an additional 1,700 shares during the period. Gotham Asset Management LLC acquired a new stake in Hortonworks in the second quarter worth about $170,000. Finally, Quantbot Technologies LP acquired a new stake in Hortonworks in the second quarter worth about $173,000. 57.67% of the stock is owned by institutional investors and hedge funds.
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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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