.jpg "Hortonworks (NASDAQ: HDP)")
Yesterday it was reported that a Director at Hortonworks (HDP), Paul Cormier, exercised options to buy 22,500 HDP shares at $4.76 a share, for a total transaction value of $107.1K.
This recent transaction increases Paul Cormier’s holding in the company by 15.89% to a total of $2.58 million.
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Based on Hortonworks’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $87.17 million and GAAP net loss of $31.57 million. In comparison, last year the company earned revenue of $69 million and had a GAAP net loss of $45.37 million. Currently, Hortonworks has an average volume of 848.8K.
Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $29.94, reflecting a 90.2% upside. Seven different firms, including BTIG and Wells Fargo, currently also have a Buy rating on the stock.
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Hortonworks, Inc. specializes in open-source global data management solutions. Its platforms allows enterprises to manage their data on a globally, whether it is data-in-motion or data-at-rest.
