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

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

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

  • On Friday, December 29th, Scott Reasoner sold 5,224 shares of Hortonworks stock. The stock was 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 stock was 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 stock was sold at an average price of $19.39, for a total value of $121,187.50.

Shares of Hortonworks Inc (NASDAQ:HDP) opened at $17.95 on Thursday. The firm has a market capitalization of $1,272.09, a PE ratio of -5.77 and a beta of 1.52. Hortonworks Inc has a fifty-two week low of $9.10 and a fifty-two week high of $22.00.

Hortonworks (NASDAQ:HDP) last released its quarterly earnings data on Thursday, February 8th. The software maker reported ($0.24) earnings per share for the quarter, meeting the consensus estimate of ($0.24). The firm had revenue of $75.01 million during the quarter, compared to the consensus estimate of $70.44 million. The business’s revenue was up 44.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.50) earnings per share. equities analysts forecast that Hortonworks Inc will post -2.5 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Hortonworks by 13.6% in the second quarter. Vanguard Group Inc. now owns 3,257,682 shares of the software maker’s stock valued at $41,959,000 after purchasing an additional 389,514 shares during the last quarter. BlackRock Inc. grew its stake in Hortonworks by 2.7% in the fourth quarter. BlackRock Inc. now owns 3,131,035 shares of the software maker’s stock valued at $62,966,000 after purchasing an additional 81,624 shares during the last quarter. Allianz Asset Management GmbH grew its stake in Hortonworks by 1.5% in the fourth quarter. Allianz Asset Management GmbH now owns 1,362,761 shares of the software maker’s stock valued at $27,405,000 after purchasing an additional 20,182 shares during the last quarter. TCW Group Inc. grew its stake in Hortonworks by 31.6% in the fourth quarter. TCW Group Inc. now owns 1,044,542 shares of the software maker’s stock valued at $21,006,000 after purchasing an additional 250,649 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its stake in Hortonworks by 51.6% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 985,918 shares of the software maker’s stock valued at $16,711,000 after purchasing an additional 335,418 shares during the last quarter. Institutional investors own 56.61% of the company’s stock.

Several research firms have recently weighed in on HDP. Royal Bank of Canada reiterated a “buy” rating and set a $20.00 target price on shares of Hortonworks in a research report on Friday, November 3rd. BidaskClub downgraded Hortonworks from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Zacks Investment Research downgraded Hortonworks from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Mizuho reiterated a “hold” rating and set a $14.00 target price on shares of Hortonworks in a research report on Thursday, November 2nd. Finally, ValuEngine upgraded Hortonworks from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Hortonworks has a consensus rating of “Buy” and a consensus 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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