Hortonworks Inc (NASDAQ:HDP) insider Scott Davidson sold 49,539 shares of the stock in a transaction on Friday, January 5th. The stock was sold at an average price of $20.74, for a total value of $1,027,438.86. Following the completion of the transaction, the insider now directly owns 936,011 shares in the company, valued at $19,412,868.14. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Friday, December 15th, Scott Davidson sold 45,630 shares of Hortonworks stock. The stock was sold at an average price of $19.92, for a total value of $908,949.60.
  • On Monday, December 4th, Scott Davidson sold 18,068 shares of Hortonworks stock. The stock was sold at an average price of $18.41, for a total value of $332,631.88.
  • On Thursday, November 9th, Scott Davidson sold 16,307 shares of Hortonworks stock. The stock was sold at an average price of $18.00, for a total value of $293,526.00.

Hortonworks Inc (NASDAQ:HDP) opened at $20.55 on Thursday. The company has a market capitalization of $1,450.00, a PE ratio of -6.10 and a beta of 1.66. Hortonworks Inc has a 52 week low of $8.74 and a 52 week high of $22.00.

Hortonworks (NASDAQ:HDP) last posted its quarterly earnings results on Thursday, November 2nd. The software maker reported ($0.24) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.40) by $0.16. The firm had revenue of $69.00 million during the quarter, compared to analyst estimates of $63.11 million. The firm’s revenue for the quarter was up 45.3% on a year-over-year basis. During the same quarter last year, the business posted ($0.68) earnings per share. research analysts expect that Hortonworks Inc will post -2.98 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of HDP. Schwab Charles Investment Management Inc. boosted its stake in Hortonworks by 19.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 244,427 shares of the software maker’s stock valued at $3,149,000 after acquiring an additional 39,395 shares during the period. Rhumbline Advisers boosted its stake in Hortonworks by 19.5% in the second quarter. Rhumbline Advisers now owns 53,401 shares of the software maker’s stock valued at $688,000 after acquiring an additional 8,707 shares during the period. Bank of New York Mellon Corp boosted its stake in Hortonworks by 15.8% in the second quarter. Bank of New York Mellon Corp now owns 210,433 shares of the software maker’s stock valued at $2,710,000 after acquiring an additional 28,781 shares during the period. Legal & General Group Plc boosted its stake in Hortonworks by 8.1% in the second quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock valued at $144,000 after acquiring an additional 837 shares during the period. Finally, Comerica Bank acquired a new position in Hortonworks in the second quarter valued at approximately $1,216,000. Institutional investors own 57.60% of the company’s stock.

Several research analysts have commented on HDP shares. Barclays lowered Hortonworks from an “overweight” rating to an “equal weight” rating and set a $22.00 price objective on the stock. in a research report on Monday. Drexel Hamilton reissued a “buy” rating and issued a $26.00 price objective on shares of Hortonworks in a research report on Monday, November 6th. Zacks Investment Research raised Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research report on Tuesday, November 7th. Royal Bank of Canada reissued a “buy” rating and issued a $23.00 price objective on shares of Hortonworks in a research report on Wednesday, December 20th. Finally, ValuEngine raised Hortonworks from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $21.23.

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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.

Insider Buying and Selling by Quarter for Hortonworks (NASDAQ:HDP)

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