Hortonworks Inc (HDP) Insider Scott Reasoner Sold 4,782 Shares

Hortonworks Inc (HDP) Insider Scott Reasoner Sold 4,782 Shares

Hortonworks Inc (NASDAQ:HDP) insider Scott Reasoner sold 4,782 shares of the business’s stock in a transaction that occurred on Wednesday, November 28th. The stock was sold at an average price of $15.69, for a total transaction of $75,029.58. Following the sale, the insider now owns 146,152 shares of the company’s stock, valued at approximately $2,293,124.88. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

On Monday, November 19th, Scott Reasoner sold 3,605 shares of Hortonworks stock. The shares were sold at an average price of $15.74, for a total transaction of $56,742.70.

On Wednesday, November 21st, Scott Reasoner sold 8,387 shares of Hortonworks stock. The shares were sold at an average price of $14.80, for a total transaction of $124,127.60.

On Thursday, October 25th, Scott Reasoner sold 1,361 shares of Hortonworks stock. The shares were sold at an average price of $16.86, for a total transaction of $22,946.46.

On Thursday, October 18th, Scott Reasoner sold 3,049 shares of Hortonworks stock. The shares were sold at an average price of $19.71, for a total transaction of $60,095.79.

On Wednesday, October 10th, Scott Reasoner sold 4,174 shares of Hortonworks stock. The stock was sold at an average price of $22.35, for a total transaction of $93,288.90.

On Tuesday, October 2nd, Scott Reasoner sold 1,362 shares of Hortonworks stock. The stock was sold at an average price of $22.01, for a total transaction of $29,977.62.

On Tuesday, September 25th, Scott Reasoner sold 4,166 shares of Hortonworks stock. The stock was sold at an average price of $22.75, for a total transaction of $94,776.50.

On Thursday, September 27th, Scott Reasoner sold 9,238 shares of Hortonworks stock. The stock was sold at an average price of $22.81, for a total transaction of $210,718.78.

On Monday, September 17th, Scott Reasoner sold 3,126 shares of Hortonworks stock. The stock was sold at an average price of $25.02, for a total transaction of $78,212.52.

On Tuesday, September 4th, Scott Reasoner sold 5,730 shares of Hortonworks stock. The stock was sold at an average price of $22.00, for a total transaction of $126,060.00.

HDP traded up $1.92 on Thursday, reaching $17.07. 2,268,673 shares of the company’s stock were exchanged, compared to its average volume of 1,166,650. The company has a market cap of $1.27 billion, a PE ratio of -5.58 and a beta of 1.67. Hortonworks Inc has a twelve month low of $13.63 and a twelve month high of $26.22.

Hortonworks (NASDAQ:HDP) last posted its earnings results on Thursday, November 8th. The software maker reported ($0.37) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.48) by $0.11. The business had revenue of $87.20 million for the quarter, compared to analyst estimates of $87.07 million. The firm’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period last year, the company posted ($0.24) EPS. On average, analysts expect that Hortonworks Inc will post -1.81 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in Hortonworks by 16.7% in the third quarter. JPMorgan Chase & Co. now owns 20,414 shares of the software maker’s stock valued at $465,000 after acquiring an additional 2,924 shares in the last quarter. UBS Group AG grew its position in Hortonworks by 15.1% in the first quarter. UBS Group AG now owns 26,566 shares of the software maker’s stock valued at $541,000 after acquiring an additional 3,478 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in Hortonworks by 13.6% in the second quarter. State Board of Administration of Florida Retirement System now owns 29,670 shares of the software maker’s stock valued at $541,000 after acquiring an additional 3,560 shares in the last quarter. Advisors Asset Management Inc. grew its position in Hortonworks by 31.7% in the third quarter. Advisors Asset Management Inc. now owns 16,350 shares of the software maker’s stock valued at $373,000 after acquiring an additional 3,936 shares in the last quarter. Finally, BlueMountain Capital Management LLC grew its position in Hortonworks by 55.9% in the third quarter. BlueMountain Capital Management LLC now owns 11,386 shares of the software maker’s stock valued at $260,000 after acquiring an additional 4,083 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have issued reports on HDP. BidaskClub lowered shares of Hortonworks from a “buy” rating to a “hold” rating in a report on Thursday, October 11th. Needham & Company LLC upped their target price on shares of Hortonworks from $27.00 to $32.00 and gave the company a “buy” rating in a report on Wednesday, August 8th. BTIG Research began coverage on shares of Hortonworks in a report on Wednesday, September 12th. They issued a “buy” rating on the stock. ValuEngine lowered shares of Hortonworks from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 11th. Finally, Zacks Investment Research downgraded shares of Hortonworks from a “hold” rating to a “sell” rating in a research note on Wednesday, October 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company’s stock. Hortonworks presently has a consensus rating of “Buy” and an average price target of $26.27.

Hortonworks Company Profile

Hortonworks, Inc provides data management platforms, services, and solutions in North America, the Asia Pacific, Europe, and Latin America. It offers Hortonworks Data Platform (HDP), an enterprise-scale data management platform which provides a platform for multi-workload data processing; Hortonworks DataFlow, a data-in-motion platform to automate and secure Internet of anything data flows, as well as to collect, conduct, and curate real-time business insights and actions derived from data in motion, including sensors, machines, geolocation devices, clicks, server logs, and social feeds; and Hortonworks DataPlane Service simplifies managing, securing, governing, provisioning, and consuming distributed data systems.

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