Hortonworks Inc (HDP) Shares Bought by Columbia Partners L L C Investment Management

Columbia Partners L L C Investment Management increased its stake in shares of Hortonworks Inc (NASDAQ:HDP) by 135.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 117,181 shares of the software maker’s stock after buying an additional 67,397 shares during the period. Columbia Partners L L C Investment Management owned 0.17% of Hortonworks worth $2,356,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Hortonworks by 13.6% during the 2nd quarter. Vanguard Group Inc. now owns 3,257,682 shares of the software maker’s stock worth $41,959,000 after buying an additional 389,514 shares during the period. BlackRock Inc. boosted its holdings in shares of Hortonworks by 2.7% during the 4th quarter. BlackRock Inc. now owns 3,131,035 shares of the software maker’s stock worth $62,966,000 after buying an additional 81,624 shares during the period. Allianz Asset Management GmbH boosted its holdings in shares of Hortonworks by 8.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,342,579 shares of the software maker’s stock worth $22,757,000 after buying an additional 102,396 shares during the period. TCW Group Inc. boosted its holdings in shares of Hortonworks by 31.6% during the 4th quarter. TCW Group Inc. now owns 1,044,542 shares of the software maker’s stock worth $21,006,000 after buying an additional 250,649 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Hortonworks by 51.6% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 985,918 shares of the software maker’s stock worth $16,711,000 after buying an additional 335,418 shares during the period. 57.02% of the stock is owned by institutional investors and hedge funds.

Several brokerages have weighed in on HDP. Royal Bank of Canada reiterated a “buy” rating and issued a $23.00 price objective on shares of Hortonworks in a research note on Wednesday, December 20th. Rosenblatt Securities reiterated a “buy” rating and issued a $25.00 price objective on shares of Hortonworks in a research note on Tuesday, December 12th. Zacks Investment Research upgraded shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Tuesday, November 7th. BidaskClub upgraded shares of Hortonworks from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Finally, Drexel Hamilton reiterated a “buy” rating and issued a $26.00 price objective on shares of Hortonworks in a research note on Monday, November 6th. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $21.92.

Hortonworks Inc (NASDAQ HDP) opened at $18.06 on Friday. The company has a market cap of $1,343.97, a P/E ratio of -5.81 and a beta of 1.52. Hortonworks Inc has a 12-month low of $9.10 and a 12-month high of $22.00.

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

In other news, CTO Scott E. Gnau sold 2,659 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $17.12, for a total value of $45,522.08. Following the completion of the transaction, the chief technology officer now directly owns 345,794 shares in the company, valued at approximately $5,919,993.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert G. Bearden sold 120,000 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $20.11, for a total transaction of $2,413,200.00. Following the completion of the transaction, the chief executive officer now owns 2,099,626 shares of the company’s stock, valued at $42,223,478.86. The disclosure for this sale can be found here. Insiders sold a total of 1,476,605 shares of company stock valued at $27,949,380 over the last 90 days. Corporate insiders own 22.50% of the company’s stock.

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Hortonworks Company Profile

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.

Institutional Ownership by Quarter for Hortonworks (NASDAQ:HDP)

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