Bank of New York Mellon Corp reduced its holdings in shares of Hortonworks Inc (NASDAQ:HDP) by 24.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 294,856 shares of the software maker’s stock after selling 92,860 shares during the quarter. Bank of New York Mellon Corp owned about 0.35% of Hortonworks worth $4,252,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Penserra Capital Management LLC purchased a new stake in shares of Hortonworks during the 4th quarter valued at approximately $40,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Hortonworks during the 4th quarter valued at approximately $76,000. S. Muoio & CO. LLC bought a new stake in Hortonworks during the 4th quarter worth approximately $144,000. BlueMountain Capital Management LLC increased its holdings in Hortonworks by 55.9% during the 3rd quarter. BlueMountain Capital Management LLC now owns 11,386 shares of the software maker’s stock worth $260,000 after acquiring an additional 4,083 shares during the period. Finally, New Jersey Better Educational Savings Trust increased its holdings in Hortonworks by 20.0% during the 4th quarter. New Jersey Better Educational Savings Trust now owns 12,000 shares of the software maker’s stock worth $173,000 after acquiring an additional 2,000 shares during the period. Institutional investors own 80.93% of the company’s stock.
Hortonworks stock opened at $14.68 on Wednesday. The company has a market cap of $1.24 billion, a P/E ratio of -4.80 and a beta of 1.56. Hortonworks Inc has a 1-year low of $13.15 and a 1-year 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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