Shaun Connolly Sells 8,864 Shares of Hortonworks, Inc. (HDP) Stock

Hortonworks, Inc. (NASDAQ:HDP) insider Shaun Connolly sold 8,864 shares of the firm’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $16.77, for a total transaction of $148,649.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • 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 transaction 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 transaction of $1,070,623.84.
  • On Monday, August 14th, Shaun Connolly sold 5,370 shares of Hortonworks stock. The stock was sold at an average price of $14.43, for a total transaction of $77,489.10.
  • On Thursday, July 20th, Shaun Connolly sold 54,312 shares of Hortonworks stock. The stock was sold at an average price of $12.52, for a total transaction of $679,986.24.
  • On Friday, July 14th, Shaun Connolly sold 5,026 shares of Hortonworks stock. The stock was sold at an average price of $13.30, for a total transaction of $66,845.80.
  • On Monday, July 17th, Shaun Connolly sold 7,831 shares of Hortonworks stock. The stock was sold at an average price of $13.55, for a total transaction of $106,110.05.

Shares of Hortonworks, Inc. (HDP) opened at 16.61 on Friday. Hortonworks, Inc. has a 12-month low of $6.42 and a 12-month high of $17.70. The firm’s market cap is $687.11 million. The company has a 50-day moving average of $16.78 and a 200 day moving average of $13.60.

Hortonworks (NASDAQ:HDP) last posted its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.87) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.87). The company had revenue of $61.83 million for the quarter, compared to the consensus estimate of $57.62 million. Hortonworks had a negative net margin of 107.07% and a negative return on equity of 765.37%. Hortonworks’s revenue was up 41.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.72) earnings per share. Equities research analysts anticipate that Hortonworks, Inc. will post ($1.72) earnings per share for the current fiscal year.

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HDP has been the topic of a number of research reports. Royal Bank Of Canada reissued a “buy” rating and issued a $16.00 target price on shares of Hortonworks in a research note on Sunday, September 17th. Barclays PLC raised their target price on shares of Hortonworks from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, August 25th. BidaskClub lowered shares of Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research raised shares of Hortonworks from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. Finally, Cowen and Company raised their target price on shares of Hortonworks from $10.00 to $11.00 and gave the stock a “market perform” rating in a research note on Friday, June 16th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $18.13.

A number of large investors have recently bought and sold shares of HDP. Teachers Advisors LLC raised its stake in Hortonworks by 4.5% during the fourth quarter. Teachers Advisors LLC now owns 66,979 shares of the software maker’s stock worth $557,000 after purchasing an additional 2,862 shares during the period. Wells Fargo & Company MN raised its stake in Hortonworks by 73.9% during the first quarter. Wells Fargo & Company MN now owns 48,421 shares of the software maker’s stock worth $475,000 after purchasing an additional 20,577 shares during the period. Bank of New York Mellon Corp raised its stake in Hortonworks by 14.6% during the first quarter. Bank of New York Mellon Corp now owns 181,652 shares of the software maker’s stock worth $1,782,000 after purchasing an additional 23,149 shares during the period. Parametric Portfolio Associates LLC raised its stake in Hortonworks by 31.7% during the first quarter. Parametric Portfolio Associates LLC now owns 36,431 shares of the software maker’s stock worth $357,000 after purchasing an additional 8,779 shares during the period. Finally, SG Americas Securities LLC purchased a new position in Hortonworks during the first quarter worth approximately $322,000. 49.62% of the stock is currently owned by institutional investors.

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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