Northern Trust Corp lessened its holdings in shares of Hortonworks Inc (NASDAQ:HDP) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 841,961 shares of the software maker’s stock after selling 16,774 shares during the quarter. Northern Trust Corp owned approximately 1.00% of Hortonworks worth $12,142,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of HDP. Penserra Capital Management LLC purchased a new position in shares of Hortonworks during the 4th quarter worth $40,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Hortonworks in the 4th quarter worth $76,000. S. Muoio & CO. LLC purchased a new position in shares of Hortonworks in the 4th quarter worth $144,000. New Jersey Better Educational Savings Trust raised its position in shares of Hortonworks by 20.0% in the 4th quarter. New Jersey Better Educational Savings Trust now owns 12,000 shares of the software maker’s stock worth $173,000 after buying an additional 2,000 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Hortonworks in the 4th quarter worth $199,000. 80.93% of the stock is currently owned by institutional investors.
Shares of HDP opened at $14.68 on Thursday. The firm has a market capitalization of $1.24 billion, a P/E ratio of -4.80 and a beta of 1.56. Hortonworks Inc has a twelve month low of $13.15 and a twelve month high of $26.22.
Hortonworks, Inc provides data management platforms, services, and solutions in North America, the Asia Pacific, Europe, and Latin America. It offers Hortonworks Data Platform (HDP), an enterprise-scale data management platform which provides a platform for multi-workload data processing; Hortonworks DataFlow, a data-in-motion platform to automate and secure Internet of anything data flows, as well as to collect, conduct, and curate real-time business insights and actions derived from data in motion, including sensors, machines, geolocation devices, clicks, server logs, and social feeds; and Hortonworks DataPlane Service simplifies managing, securing, governing, provisioning, and consuming distributed data systems.
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