Hortonworks, Inc. (NASDAQ:HDP) insider Greg Pavlik sold 5,532 shares of Hortonworks stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $13.35, for a total transaction of $73,852.20. Following the sale, the insider now owns 263,584 shares of the company’s stock, valued at approximately $3,518,846.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Greg Pavlik also recently made the following trade(s):
- On Wednesday, May 31st, Greg Pavlik sold 100,000 shares of Hortonworks stock. The stock was sold at an average price of $12.37, for a total transaction of $1,237,000.00.
- On Thursday, May 4th, Greg Pavlik sold 35,416 shares of Hortonworks stock. The stock was sold at an average price of $10.15, for a total transaction of $359,472.40.
Shares of Hortonworks, Inc. (NASDAQ HDP) traded up 4.24% on Friday, reaching $15.75. 1,601,575 shares of the company’s stock were exchanged. The company’s 50 day moving average price is $13.69 and its 200-day moving average price is $11.78. The stock’s market cap is $651.53 million. Hortonworks, Inc. has a 52-week low of $6.42 and a 52-week high of $15.92.
Hortonworks (NASDAQ:HDP) last announced its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.87) EPS for the quarter, hitting the consensus estimate of ($0.87). The company had revenue of $61.83 million during 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%. The company’s quarterly revenue was up 41.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.72) EPS. Equities analysts forecast that Hortonworks, Inc. will post ($1.72) EPS for the current fiscal year.
Hedge funds have recently made changes to their positions in the company. ETF Managers Group LLC bought a new stake in shares of Hortonworks during the second quarter valued at approximately $125,000. Legal & General Group Plc increased its stake in shares of 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 buying an additional 837 shares during the period. Princeton Alpha Management LP bought a new stake in shares of Hortonworks during the first quarter valued at approximately $110,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Hortonworks during the first quarter valued at approximately $117,000. Finally, FNY Partners Fund LP bought a new stake in shares of Hortonworks during the first quarter valued at approximately $117,000. 48.69% of the stock is owned by institutional investors.
Several brokerages have recently commented on HDP. ValuEngine upgraded shares of Hortonworks from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Drexel Hamilton restated a “buy” rating and set a $21.00 price objective on shares of Hortonworks in a report on Wednesday, June 14th. Cowen and Company restated a “market perform” rating and set a $14.00 price objective (up previously from $11.00) on shares of Hortonworks in a report on Wednesday, August 9th. Zacks Investment Research cut shares of Hortonworks from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Finally, Wunderlich boosted their price objective on shares of Hortonworks from $15.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, June 14th. Two analysts have rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $17.77.
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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