Hortonworks, Inc. (HDP) Files Form 4 Insider Selling : Greg Pavlik Sells 1,871 Shares

Hortonworks, Inc. (HDP): Greg Pavlik , Chief Product Officer of Hortonworks, Inc. sold 1,871 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $10.78 per share for a total value of $20,169.38 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, Scott Reasoner (officer ) sold 2,082 shares at $11.81 per share price.On Apr 29, 2016, Greg Pavlik (Chief Product Officer) sold 1,872 shares at $11.83 per share price.Also, On Apr 22, 2016, Herbert Cunitz (President) sold 13,972 shares at $12.12 per share price.On Apr 20, 2016, Scott Davidson (Chief Financial Officer) sold 9,332 shares at $12.16 per share price.

Hortonworks Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Hortonworks Inc which led to swings in the share price. The shares opened for trading at $10.45 and hit $10.94 on the upside , eventually ending the session at $10.86, with a gain of 4.42% or 0.46 points. The heightened volatility saw the trading volume jump to 9,23,534 shares. The 52-week high of the share price is $28.9099 and the company has a market cap of $627 M . The 52-week low of the share price is at $7.12.

Hortonworks Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Hortonworks Inc is Reiterated by Needham to Buy and the brokerage firm has raised the Price Target to $ 16 from a previous price target of $14 .The Rating was issued on May 5, 2016.

Hortonworks Inc. is a provider and distributor of an enterprise-grade Hadoop solution called the Hortonworks Data Platform (HDP). The Company’s platform integrates with data center technologies to enable data architectures and enables its customers to collect store process and analyze existing and new data types in a way that augments rather than replaces their existing data center infrastructure. It provides support subscription offerings and related professional services around the HDP which is its open source software distribution of Apache Hadoop and associated projects. Its products include Hortonworks Data Platform and Hortonworks Sandbox. Its range of professional services are training and consulting. It caters to vertical markets including online services education financial services Government healthcare/pharmaceuticals industrials/manufacturing media/entertainment retail/ecommerce technology and telecommunications.

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