Hortonworks, Inc. (NASDAQ:HDP) insider Shaun Connolly sold 2,083 shares of Hortonworks stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $18.23, for a total value of $37,973.09. Following the sale, the insider now owns 366,988 shares in the company, valued at $6,690,191.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shaun Connolly also recently made the following trade(s):

  • On Monday, October 16th, Shaun Connolly sold 13,644 shares of Hortonworks stock. The stock was sold at an average price of $16.43, for a total value of $224,170.92.
  • On Monday, October 9th, Shaun Connolly sold 8,864 shares of Hortonworks stock. The stock was sold at an average price of $16.77, for a total value of $148,649.28.
  • On Tuesday, September 12th, Shaun Connolly sold 2,083 shares of Hortonworks stock. The stock was sold at an average price of $17.01, for a total value of $35,431.83.
  • On Friday, August 25th, Shaun Connolly sold 66,664 shares of Hortonworks stock. The stock was sold at an average price of $16.06, for a total value of $1,070,623.84.

Hortonworks, Inc. (HDP) traded down $0.01 during trading hours on Friday, reaching $19.47. The company had a trading volume of 659,752 shares, compared to its average volume of 828,843. Hortonworks, Inc. has a twelve month low of $8.02 and a twelve month high of $19.53.

Hortonworks (NASDAQ:HDP) last released its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.24) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.40) by $0.16. Hortonworks had a negative return on equity of 765.37% and a negative net margin of 89.35%. The business had revenue of $69.00 million during the quarter, compared to analyst estimates of $63.11 million. During the same quarter in the previous year, the firm posted ($0.68) EPS. The business’s revenue for the quarter was up 45.3% compared to the same quarter last year. equities analysts forecast that Hortonworks, Inc. will post -2.98 earnings per share for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the stock. ETF Managers Group LLC acquired a new position in Hortonworks during the 2nd quarter valued at approximately $125,000. Legal & General Group Plc boosted its position in Hortonworks by 8.1% during the 2nd quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock valued at $144,000 after purchasing an additional 837 shares during the period. UBS Asset Management Americas Inc. boosted its position in Hortonworks by 15.9% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 12,400 shares of the software maker’s stock valued at $160,000 after purchasing an additional 1,700 shares during the period. Gotham Asset Management LLC acquired a new position in Hortonworks during the 2nd quarter valued at approximately $170,000. Finally, Quantbot Technologies LP acquired a new position in Hortonworks during the 2nd quarter valued at approximately $173,000. Institutional investors and hedge funds own 48.04% of the company’s stock.

Several equities research analysts have issued reports on HDP shares. Zacks Investment Research downgraded Hortonworks from a “buy” rating to a “hold” rating in a report on Friday, July 21st. Drexel Hamilton restated a “buy” rating and set a $21.00 price objective on shares of Hortonworks in a report on Saturday, July 22nd. Needham & Company LLC started coverage on Hortonworks in a report on Tuesday, July 25th. They set a “buy” rating and a $25.00 price objective on the stock. Mizuho restated a “hold” rating and set a $14.00 price objective on shares of Hortonworks in a report on Friday, August 4th. Finally, Barclays PLC reiterated an “overweight” rating and issued a $16.00 price target (up from $15.00) on shares of Hortonworks in a report on Friday, August 4th. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $20.46.

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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