Hortonworks (HDP) : During the past 4 weeks, traders have been relatively bearish on Hortonworks (HDP), hence the stock is down -23.61% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -9.3% relative to the S&P 500. The 4-week change in the price of the stock is -22.82% and the stock has fallen -9.25% in the past 1 week.
The stock has recorded a 20-day Moving Average of 20.32% and the 50-Day Moving Average is 19.34%. Hortonworks (NASDAQ:HDP): On Fridays trading session , Opening price of the stock was $9.04 with an intraday high of $9.12. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $8.7631. However, the stock managed to close at $8.93, a loss of 0.89% for the day. On the previous day, the stock had closed at $9.01. The total traded volume of the day was 1,371,461 shares.
The company Insiders own 26% of Hortonworks shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.66% . Institutional Investors own 46.84% of Hortonworks shares. During last six month period, the net percent change held by insiders has seen a change of 84.99%. Also, Rosenblatt initiates coverage on Hortonworks (NASDAQ:HDP) The shares have been rated Buy. The rating by the firm was issued on August 8, 2016.
Hortonworks, Inc. is a provider and distributor of an enterprise-grade Hadoop solution called the Hortonworks Data Platform (HDP). The Companys 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.