Hortonworks Inc (NASDAQ:HDP) CEO Robert G. Bearden sold 109,200 shares of the company’s stock in a transaction dated Wednesday, September 26th. The shares were sold at an average price of $23.06, for a total value of $2,518,152.00. Following the sale, the chief executive officer now owns 1,191,184 shares in the company, valued at approximately $27,468,703.04. The sale was disclosed in a filing with the SEC, which is available through this link.
HDP stock traded down $0.20 during trading on Thursday, reaching $22.53. 1,311,200 shares of the stock were exchanged, compared to its average volume of 1,028,751. The company has a market cap of $1.90 billion, a P/E ratio of -7.36 and a beta of 1.51. Hortonworks Inc has a twelve month low of $15.50 and a twelve month high of $26.22.
Hortonworks (NASDAQ:HDP) last issued its quarterly earnings data on Tuesday, August 7th. The software maker reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.23) by $0.11. The company had revenue of $86.34 million during the quarter, compared to analysts’ expectations of $80.34 million. equities analysts predict that Hortonworks Inc will post -1.99 EPS for the current year.
Institutional investors have recently modified their holdings of the company. Global X Management Co LLC purchased a new stake in shares of Hortonworks in the second quarter worth approximately $156,000. Amalgamated Bank purchased a new stake in shares of Hortonworks in the second quarter worth approximately $192,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Hortonworks in the second quarter worth approximately $202,000. Signaturefd LLC purchased a new stake in shares of Hortonworks in the second quarter worth approximately $209,000. Finally, Verition Fund Management LLC purchased a new stake in shares of Hortonworks in the first quarter worth approximately $211,000. 81.32% of the stock is owned by hedge funds and other institutional investors.
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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