News articles about Hortonworks (NASDAQ:HDP) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hortonworks earned a news impact score of 0.24 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 44.990660963714 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern’s rankings:
- Hortonworks, Inc. (HDP) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Hortonworks, Inc. (HDP) CEO Sells $2,791,856.25 in Stock (americanbankingnews.com)
- Hortonworks Lands the 2020 Census: What It Means for Investors (finance.yahoo.com)
- Shaun Connolly Sells 2,083 Shares of Hortonworks, Inc. (HDP) Stock (americanbankingnews.com)
- Hortonworks, Inc. (HDP) Insider Scott Davidson Sells 16,307 Shares (americanbankingnews.com)
Hortonworks (HDP) traded down $0.01 during trading hours on Monday, hitting $19.47. 659,700 shares of the company traded hands, compared to its average volume of 828,843. Hortonworks has a twelve month low of $8.02 and a twelve month high of $19.53.
Hortonworks (NASDAQ:HDP) last released its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.24) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.40) by $0.16. Hortonworks had a negative net margin of 89.35% and a negative return on equity of 765.37%. The firm had revenue of $69.00 million during the quarter, compared to analysts’ expectations of $63.11 million. During the same period in the previous year, the business posted ($0.68) earnings per share. The company’s revenue for the quarter was up 45.3% compared to the same quarter last year. research analysts anticipate that Hortonworks will post -2.98 EPS for the current fiscal year.
A number of brokerages have recently weighed in on HDP. Zacks Investment Research raised shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Tuesday, November 7th. BidaskClub upgraded shares of Hortonworks from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Drexel Hamilton restated a “buy” rating and set a $26.00 price target on shares of Hortonworks in a report on Monday, November 6th. Royal Bank Of Canada restated a “buy” rating and set a $20.00 price target on shares of Hortonworks in a report on Friday, November 3rd. Finally, Mizuho reiterated a “hold” rating and issued a $14.00 price objective on shares of Hortonworks in a research note on Thursday, November 2nd. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $20.46.
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In other news, insider Shaun Connolly sold 66,664 shares of the business’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $16.06, for a total value of $1,070,623.84. Following the completion of the sale, the insider now owns 418,579 shares of the company’s stock, valued at $6,722,378.74. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Robert G. Bearden sold 148,899 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $18.75, for a total value of $2,791,856.25. Following the completion of the transaction, the chief executive officer now directly owns 2,054,076 shares of the company’s stock, valued at approximately $38,513,925. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 821,677 shares of company stock valued at $14,174,953. Company insiders own 22.50% of the company’s stock.
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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