Scott E. Gnau Sells 2,659 Shares of Hortonworks Inc (HDP) Stock
Hortonworks Inc (NASDAQ:HDP) CTO Scott E. Gnau sold 2,659 shares of the stock in a transaction on Monday, February 12th. The shares were sold at an average price of $17.12, for a total transaction of $45,522.08. Following the completion of the sale, the chief technology officer now owns 345,794 shares of the company’s stock, valued at approximately $5,919,993.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Hortonworks Inc (NASDAQ:HDP) traded down $0.49 during trading hours on Tuesday, reaching $17.52. 841,946 shares of the company were exchanged, compared to its average volume of 673,995. Hortonworks Inc has a 1-year low of $9.10 and a 1-year high of $22.00. The company has a market capitalization of $1,240.00, a price-to-earnings ratio of -5.65 and a beta of 1.52.
Hortonworks (NASDAQ:HDP) last released its quarterly earnings results on Thursday, February 8th. The software maker reported ($0.24) EPS for the quarter, hitting analysts’ consensus estimates of ($0.24). The business had revenue of $75.01 million for the quarter, compared to the consensus estimate of $70.44 million. During the same period in the prior year, the business posted ($0.50) earnings per share. Hortonworks’s revenue was up 44.4% compared to the same quarter last year. analysts anticipate that Hortonworks Inc will post -2.48 EPS for the current fiscal year.
HDP has been the subject of a number of research reports. BidaskClub upgraded shares of Hortonworks from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Zacks Investment Research upgraded shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Tuesday, November 7th. Mizuho restated a “hold” rating and set a $14.00 target price on shares of Hortonworks in a research note on Thursday, November 2nd. Barclays cut shares of Hortonworks from an “overweight” rating to an “equal weight” rating and set a $22.00 target price for the company. in a research note on Monday, January 8th. Finally, Northland Securities restated a “buy” rating and set a $24.00 target price on shares of Hortonworks in a research note on Thursday, October 19th. Seven equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Hortonworks presently has an average rating of “Buy” and an average price target of $21.92.
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.
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