Hortonworks Inc (NASDAQ:HDP) insider Scott Reasoner sold 4,678 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $17.76, for a total value of $83,081.28. Following the completion of the sale, the insider now owns 258,125 shares in the company, valued at $4,584,300. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

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

Shares of Hortonworks Inc (NASDAQ:HDP) opened at $17.52 on Wednesday. The company has a market capitalization of $1,307.67, a P/E ratio of -5.63 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 released its quarterly earnings results on Thursday, February 8th. The software maker reported ($0.24) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.24). The business had revenue of $75.01 million for the quarter, compared to the consensus estimate of $70.44 million. The firm’s revenue was up 44.4% on a year-over-year basis. During the same quarter last year, the company earned ($0.50) earnings per share. equities analysts forecast that Hortonworks Inc will post -2.52 EPS for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HDP. Legal & General Group Plc grew 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 worth $144,000 after acquiring an additional 837 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings 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 worth $160,000 after buying an additional 1,700 shares in the last quarter. Gotham Asset Management LLC acquired a new position in Hortonworks during the 2nd quarter worth $170,000. AXA acquired a new position in Hortonworks during the 4th quarter worth $209,000. Finally, New Jersey Better Educational Savings Trust acquired a new position in Hortonworks during the 3rd quarter worth $237,000. Institutional investors and hedge funds own 56.61% of the company’s stock.

Several research firms have recently weighed in on HDP. Credit Suisse Group lowered Hortonworks from an “outperform” rating to a “neutral” rating and set a $20.00 price objective on the stock. in a research note on Tuesday, January 16th. Zacks Investment Research lowered Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Mizuho reiterated a “buy” rating and issued a $23.00 price objective (up from $14.00) on shares of Hortonworks in a research note on Thursday, January 11th. 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 note on Monday, January 8th. Finally, 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. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Hortonworks has a consensus rating of “Buy” and an average 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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