Hortonworks Inc (HDP) Insider Scott E. Gnau Sells 12,210 Shares
Hortonworks Inc (NASDAQ:HDP) insider Scott E. Gnau sold 12,210 shares of the firm’s stock in a transaction on Friday, August 17th. The stock was sold at an average price of $21.54, for a total value of $263,003.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of NASDAQ:HDP traded down $0.51 during midday trading on Friday, reaching $21.17. The company’s stock had a trading volume of 1,125,800 shares, compared to its average volume of 993,282. The company has a market cap of $1.77 billion, a P/E ratio of -6.92 and a beta of 1.36. Hortonworks Inc has a 1 year low of $14.44 and a 1 year high of $23.00.
Hortonworks (NASDAQ:HDP) last announced its quarterly earnings data on Tuesday, August 7th. The software maker reported ($0.12) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.23) by $0.11. The business had revenue of $86.34 million during the quarter, compared to analysts’ expectations of $80.34 million. research analysts forecast that Hortonworks Inc will post -1.98 earnings per share for the current year.
Large investors have recently made changes to their positions in the company. Global X Management Co LLC purchased a new stake in shares of Hortonworks in the second quarter valued at $156,000. Amalgamated Bank purchased a new stake in shares of Hortonworks in the second quarter valued at $192,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Hortonworks in the second quarter valued at $202,000. Signaturefd LLC purchased a new stake in shares of Hortonworks in the second quarter valued at $209,000. Finally, Verition Fund Management LLC purchased a new stake in shares of Hortonworks in the first quarter valued at $211,000. 66.28% of the stock is owned by institutional investors and hedge funds.
Hortonworks, Inc provides data management platforms, services, and solutions in North America, the Asia Pacific, Europe, and Latin America. It offers Hortonworks Data Platform (HDP), an enterprise-scale data management platform which provides a platform for multi-workload data processing; Hortonworks DataFlow, a data-in-motion platform to automate and secure Internet of anything data flows, as well as to collect, conduct, and curate real-time business insights and actions derived from data in motion, including sensors, machines, geolocation devices, clicks, server logs, and social feeds; and Hortonworks DataPlane Service simplifies managing, securing, governing, provisioning, and consuming distributed data systems.
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