Hortonworks Inc (NASDAQ:HDP) CEO Robert G. Bearden sold 113,947 shares of the firm’s stock in a transaction dated Wednesday, April 11th. The stock was sold at an average price of $17.92, for a total transaction of $2,041,930.24. Following the completion of the transaction, the chief executive officer now directly owns 1,773,730 shares in the company, valued at approximately $31,785,241.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
NASDAQ HDP traded down $0.18 during trading on Thursday, reaching $17.88. 1,105,032 shares of the company’s stock traded hands, compared to its average volume of 805,346. The company has a market capitalization of $1,389.38, a price-to-earnings ratio of -5.84 and a beta of 1.39. Hortonworks Inc has a 12-month low of $9.93 and a 12-month high of $22.00.
Hortonworks (NASDAQ:HDP) last posted its earnings results on Thursday, February 8th. The software maker reported ($0.24) EPS for the quarter, meeting analysts’ consensus estimates of ($0.24). The business had revenue of $75.01 million for the quarter, compared to analysts’ expectations of $70.44 million. The company’s revenue for the quarter was up 44.4% on a year-over-year basis. During the same period last year, the business posted ($0.50) EPS. equities research analysts expect that Hortonworks Inc will post -2.43 earnings per share for the current year.
Several research firms recently commented on HDP. BidaskClub downgraded shares of Hortonworks from a “buy” rating to a “hold” rating in a research note on Friday, April 6th. Monness Crespi & Hardt began coverage on shares of Hortonworks in a research note on Wednesday. They issued a “neutral” rating on the stock. Zacks Investment Research raised shares of Hortonworks from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Wednesday. Credit Suisse Group reaffirmed a “neutral” rating and issued a $24.00 price target (up previously from $23.00) on shares of Hortonworks in a research note on Friday, March 9th. Finally, DA Davidson began coverage on shares of Hortonworks in a research note on Friday, March 9th. They issued a “buy” rating and a $24.00 price target on the stock. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Hortonworks currently has a consensus rating of “Buy” and a consensus target price of $22.29.
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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