Insider Selling: Hewlett Packard Enterprise (NYSE:HPE) CFO Sells 93,583 Shares of Stock

Key Points

• CFO Marie Myers sold 93,583 HPE shares on May 5 at an average of $30.01 for about $2.81M, cutting her stake by 31.37% to 204,754 shares; the transaction was executed under a pre-arranged Rule 10b5-1 trading plan and disclosed to the SEC.
• HPE trades near $30.39 (one-year high $30.42) with a $40.3B market cap; the company beat Q1 EPS estimates ($0.65 vs. $0.59), set FY2026 EPS guidance of $2.30–2.50, and holds a consensus analyst rating of Moderate Buy with an average target of $26.71.

Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) CFO Marie Myers sold 93,583 shares of Hewlett Packard Enterprise stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $30.01, for a total transaction of $2,808,425.83. Following the completion of the sale, the chief financial officer owned 204,754 shares of the company's stock, valued at $6,144,667.54. This represents a 31.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hewlett Packard Enterprise Stock Performance

Shares of HPE stock traded up $0.35 during trading hours on Wednesday, reaching $30.39. The company had a trading volume of 12,863,901 shares, compared to its average volume of 17,305,678. The business has a fifty day moving average price of $24.06 and a 200-day moving average price of $23.28. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.75 and a current ratio of 1.03. The firm has a market cap of $40.32 billion, a PE ratio of -159.94, a price-to-earnings-growth ratio of 0.74 and a beta of 1.28. Hewlett Packard Enterprise Company has a one year low of $16.17 and a one year high of $30.42.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last announced its earnings results on Monday, March 9th. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. The company had revenue of $9.30 billion during the quarter, compared to analyst estimates of $9.31 billion. Hewlett Packard Enterprise had a negative net margin of 0.41% and a positive return on equity of 9.93%. The firm's quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 earnings per share. Hewlett Packard Enterprise has set its FY 2026 guidance at 2.300-2.500 EPS and its Q2 2026 guidance at 0.510-0.550 EPS. Sell-side analysts predict that Hewlett Packard Enterprise Company will post 1.96 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, March 24th were given a dividend of $0.1425 per share. This represents a $0.57 annualized dividend and a yield of 1.9%. The ex-dividend date was Tuesday, March 24th. Hewlett Packard Enterprise's payout ratio is -300.00%.

Hedge Funds Weigh In On Hewlett Packard Enterprise

A number of hedge funds have recently modified their holdings of the company. Investment Research Partners LLC lifted its holdings in shares of Hewlett Packard Enterprise by 2.0% in the fourth quarter. Investment Research Partners LLC now owns 21,925 shares of the technology company's stock worth $527,000 after buying an additional 423 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Hewlett Packard Enterprise by 4.5% in the first quarter. D.A. Davidson & CO. now owns 9,998 shares of the technology company's stock worth $238,000 after buying an additional 429 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in shares of Hewlett Packard Enterprise by 1.0% in the third quarter. Bleakley Financial Group LLC now owns 42,532 shares of the technology company's stock worth $1,045,000 after buying an additional 439 shares in the last quarter. Spire Wealth Management lifted its holdings in shares of Hewlett Packard Enterprise by 7.1% in the third quarter. Spire Wealth Management now owns 6,694 shares of the technology company's stock worth $164,000 after buying an additional 445 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in shares of Hewlett Packard Enterprise by 0.6% in the fourth quarter. TD Private Client Wealth LLC now owns 80,769 shares of the technology company's stock worth $1,940,000 after buying an additional 448 shares in the last quarter. 80.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on HPE shares. Bank of America boosted their target price on shares of Hewlett Packard Enterprise from $29.00 to $32.00 and gave the company a "buy" rating in a research report on Tuesday, March 10th. Wall Street Zen lowered shares of Hewlett Packard Enterprise from a "buy" rating to a "hold" rating in a research report on Saturday, April 25th. Citigroup upped their price target on shares of Hewlett Packard Enterprise from $26.00 to $27.00 and gave the stock a "buy" rating in a research report on Wednesday, March 11th. Morgan Stanley upped their price target on shares of Hewlett Packard Enterprise from $23.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 10th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, Hewlett Packard Enterprise presently has a consensus rating of "Moderate Buy" and an average price target of $26.71.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE's product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.

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