HP Inc’s recent filing unveils that its President, Personal Systems CHO ALEX unloaded Company’s shares for reported $6.25 million on Jun 21 ’24. In the deal valued at $36.11 per share,173,137 shares were sold. As a result of this transaction, CHO ALEX now holds 64,676 shares worth roughly $2.34 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, BENNETT ROBERT R sold 67,000 shares, generating $2,010,670 in total proceeds. Upon selling the shares at $30.01, the Director now owns 60,216 shares.
Before that, Liebman Stephanie sold 8,708 shares. HP Inc shares valued at $269,338 were divested by the Global Controller at a price of $30.93 per share. As a result of the transaction, Liebman Stephanie now holds 0 shares, worth roughly $0.0.
TD Cowen reiterated its HP Inc [HPQ] rating to a Hold in a research note published on May 30, 2024; the price target was $32. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in late May from “an Underweight” to “an Equal weight”. HSBC Securities also remained covering HPQ and has increased its forecast on February 14, 2024 with a “Buy” recommendation from previously “Hold” rating. Morgan Stanley revised its rating on December 12, 2023. It rated HPQ as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of HPQ
On Monday, HP Inc [NYSE:HPQ] saw its stock fall -0.58% to $36.13. Over the last five days, the stock has lost -4.97%. HP Inc shares have risen nearly 20.07% since the year began. Nevertheless, the stocks have risen 9.88% over the past one year. While a 52-week high of $39.52 was reached on 05/30/24, a 52-week low of $25.22 was recorded on 04/24/24. SMA at 50 days reached $35.55, while 200 days put it at $30.53. A total of 4.76 million shares were traded, compared to the trading of 7.3 million shares in the previous session.
Levels Of Support And Resistance For HPQ Stock
The 24-hour chart illustrates a support level at 35.78, which if violated will result in even more drops to 35.43. On the upside, there is a resistance level at 36.45. A further resistance level may holdings at 36.78. The Relative Strength Index (RSI) on the 14-day chart is 48.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.83%. Stochastics%K at 32.54% indicates the stock is a holding.
