In a filing, Hewlett Packard Enterprise Co revealed its President and CEO Neri Antonio F unloaded Company’s shares for reported $5.18 million on Oct 14 ’24. In the deal valued at $20.73 per share,250,000 shares were sold. As a result of this transaction, Neri Antonio F now holds 1,508,641 shares worth roughly $31.79 million.
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Then, Cox Jeremy sold 7,770 shares, generating $163,170 in total proceeds. Upon selling the shares at $21.00, the SVP, Controller & CTO now owns 7,771 shares.
Before that, Cox Jeremy bought 7,770 shares. Hewlett Packard Enterprise Co shares valued at $163,170 were divested by the Officer at a price of $21.00 per share.
Deutsche Bank initiated its Hewlett Packard Enterprise Co [HPE] rating to a Hold in a research note published on October 09, 2024; the price target was $22. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in late September from “an Equal weight” to “an Overweight”. BofA Securities revised its rating on September 17, 2024. It rated HPE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of HPE
On Friday, Hewlett Packard Enterprise Co [NYSE:HPE] saw its stock fall -1.27% to $21.07. Over the last five days, the stock has lost -4.40%. Hewlett Packard Enterprise Co shares have risen nearly 24.09% since the year began. Nevertheless, the stocks have risen 28.09% over the past one year. While a 52-week high of $22.82 was reached on 06/18/24, a 52-week low of $14.47 was recorded on 03/01/24. SMA at 50 days reached $19.87, while 200 days put it at $18.61.
Levels Of Support And Resistance For HPE Stock
The 24-hour chart illustrates a support level at 20.87, which if violated will result in even more drops to 20.67. On the upside, there is a resistance level at 21.38. A further resistance level may holdings at 21.69. The Relative Strength Index (RSI) on the 14-day chart is 54.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.70%. Stochastics %K at 66.47% indicates the stock is a holding.
How much short interest is there in Hewlett Packard Enterprise Co?
A steep rise in short interest was recorded in Hewlett Packard Enterprise Co stocks on 2024-10-31, dropping by -4.63 million shares to a total of 33.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 37.71 million shares. There was a decline of -14.0%, which implies that there is a negative sentiment for the stock.