Hortonworks Inc (HDP) : Elberon added new position in Hortonworks Inc during the most recent quarter end. The investment management firm now holds 52,000 shares of Hortonworks Inc which is valued at $464,360 , the company said in a statement filed on Aug 15, 2016 with the SEC.Hortonworks Inc makes up approximately 0.76% of Elberon’s portfolio.
Other Hedge Funds, Including , Two Sigma Investments Lp sold out all of its stake in HDP during the most recent quarter. The investment firm sold 17,817 shares of HDP which is valued $159,106. Marshall Wace Llp sold out all of its stake in HDP during the most recent quarter. The investment firm sold 194,388 shares of HDP which is valued $1,735,885.Vanguard Group Inc boosted its stake in HDP in the latest quarter, The investment management firm added 392,256 additional shares and now holds a total of 2,609,182 shares of Hortonworks Inc which is valued at $23,299,995.Edmond De Rothschild Asset Management (france) boosted its stake in HDP in the latest quarter, The investment management firm added 6,000 additional shares and now holds a total of 89,336 shares of Hortonworks Inc which is valued at $797,770. Hortonworks Inc makes up approx 0.04% of Edmond De Rothschild Asset Management (france)’s portfolio.
Hortonworks Inc opened for trading at $7.93 and hit $8.07 on the upside on Thursday, eventually ending the session at $7.99, with a gain of 0.25% or 0.02 points. The heightened volatility saw the trading volume jump to 8,14,212 shares. Company has a market cap of $472 M.
On the company’s financial health, Hortonworks Inc reported $-0.72 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $-0.68. The company had revenue of $43.64 million for the quarter, compared to analysts expectations of $45.24 million. The company’s revenue was up 45.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.82 EPS.
Many Wall Street Analysts have commented on Hortonworks Inc. Rosenblatt Initiated Hortonworks Inc on Aug 8, 2016 to “Buy”, Price Target of the shares are set at $20.Shares were Reiterated by Wunderlich on Aug 5, 2016 to “Buy” and Lowered the Price Target to $ 14 from a previous price target of $17 .Hortonworks Inc was Downgraded by Needham to ” Hold” on Aug 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.