Scott Reasoner Sells 672 Shares of Hortonworks Inc (HDP) Stock

Hortonworks Inc (NASDAQ:HDP) insider Scott Reasoner sold 672 shares of Hortonworks stock in a transaction dated Tuesday, December 4th. The shares were sold at an average price of $16.02, for a total transaction of $10,765.44. Following the sale, the insider now owns 143,089 shares in the company, valued at $2,292,285.78. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Wednesday, November 28th, Scott Reasoner sold 4,782 shares of Hortonworks stock. The shares were sold at an average price of $15.69, for a total transaction of $75,029.58.
  • 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $25.02, for a total transaction of $78,212.52.

Shares of NASDAQ HDP traded up $1.92 during trading on Thursday, reaching $17.07. The company had a trading volume of 2,268,673 shares, compared to its average volume of 1,166,650. Hortonworks Inc has a 52 week low of $13.63 and a 52 week high of $26.22. The company has a market cap of $1.27 billion, a PE ratio of -5.58 and a beta of 1.67.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its stake in shares of Hortonworks by 16.7% in the third quarter. JPMorgan Chase & Co. now owns 20,414 shares of the software maker’s stock worth $465,000 after acquiring an additional 2,924 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of 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 worth $541,000 after acquiring an additional 3,560 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of Hortonworks by 31.7% in the third quarter. Advisors Asset Management Inc. now owns 16,350 shares of the software maker’s stock worth $373,000 after acquiring an additional 3,936 shares during the last quarter. BlueMountain Capital Management LLC raised its stake in shares of Hortonworks by 55.9% in the third quarter. BlueMountain Capital Management LLC now owns 11,386 shares of the software maker’s stock worth $260,000 after acquiring an additional 4,083 shares during the last quarter. Finally, Voya Investment Management LLC raised its stake in shares of Hortonworks by 20.5% in the second quarter. Voya Investment Management LLC now owns 25,795 shares of the software maker’s stock worth $470,000 after acquiring an additional 4,384 shares during the last quarter. 80.93% of the stock is owned by institutional investors.

A number of equities analysts have commented on HDP shares. BidaskClub lowered shares of Hortonworks from a “hold” rating to a “sell” rating in a research report on Saturday, October 27th. Wells Fargo & Co boosted their price target on shares of Hortonworks to $32.50 and gave the company an “outperform” rating in a research report on Friday, September 14th. BTIG Research started coverage on shares of Hortonworks in a research report on Wednesday, September 12th. They issued a “buy” rating on the stock. JMP Securities reduced their price target on shares of Hortonworks from $27.00 to $21.00 and set a “market outperform” rating on the stock in a research report on Wednesday, August 8th. Finally, Monness Crespi & Hardt boosted their price target on shares of Hortonworks from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $26.27.

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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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