Hortonworks Inc (NASDAQ:HDP) CTO Scott E. Gnau sold 2,659 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $17.12, for a total value of $45,522.08. Following the completion of the sale, the chief technology officer now directly owns 345,794 shares of the company’s stock, valued at approximately $5,919,993.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Hortonworks Inc (NASDAQ HDP) opened at $17.52 on Wednesday. Hortonworks Inc has a one year low of $9.10 and a one year high of $22.00. The company has a market capitalization of $1,307.67, a PE ratio of -5.63 and a beta of 1.52.
Hortonworks (NASDAQ:HDP) last released its quarterly earnings results on Thursday, February 8th. The software maker reported ($0.24) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.24). The business had revenue of $75.01 million during the quarter, compared to analyst estimates of $70.44 million. During the same quarter last year, the firm posted ($0.50) EPS. The company’s revenue was up 44.4% compared to the same quarter last year. research analysts expect that Hortonworks Inc will post -2.52 earnings per share for the current fiscal year.
Several large investors have recently added to or reduced their stakes in the stock. Osterweis Capital Management Inc. acquired a new stake in Hortonworks during the fourth quarter valued at approximately $3,544,000. Renaissance Technologies LLC raised its stake in Hortonworks by 2.2% during the fourth quarter. Renaissance Technologies LLC now owns 934,300 shares of the software maker’s stock valued at $18,789,000 after buying an additional 19,900 shares in the last quarter. AXA acquired a new stake in Hortonworks during the fourth quarter valued at approximately $209,000. USA Financial Portformulas Corp acquired a new stake in Hortonworks during the fourth quarter valued at approximately $509,000. Finally, Geode Capital Management LLC raised its stake in Hortonworks by 52.0% during the fourth quarter. Geode Capital Management LLC now owns 632,128 shares of the software maker’s stock valued at $12,711,000 after buying an additional 216,210 shares in the last quarter. Institutional investors and hedge funds own 56.61% of the company’s stock.
Several equities research analysts have recently weighed in on HDP shares. Mizuho reaffirmed a “hold” rating and issued a $14.00 target price on shares of Hortonworks in a research report on Thursday, November 2nd. BidaskClub raised Hortonworks from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $20.00 target price on shares of Hortonworks in a research report on Friday, November 3rd. Barclays downgraded Hortonworks from an “overweight” rating to an “equal weight” rating and set a $22.00 target price for the company. in a research report on Monday, January 8th. Finally, Drexel Hamilton reaffirmed a “buy” rating and issued a $26.00 target price on shares of Hortonworks in a research report on Monday, November 6th. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $21.92.
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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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