Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hewlett Packard Enterprise Co shares valued at $1,131,284 were sold by RUSSO FIDELMA on Dec 12 ’24. At $21.86 per share, RUSSO FIDELMA sold 51,762 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
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
Also, Major Kristin K sold 7,116 shares, netting a total of over 154,986 in proceeds. Following the sale of shares at $21.78 each, the insider now holds 0 shares.
Before that, MacDonald Neil B had sold 17,852 shares from its account. In a trade valued at $388,817, the EVP, GM of Compute HPC AI traded Hewlett Packard Enterprise Co shares for $21.78 each. Upon closing the transaction, the insider’s holdings decreased to 17,852 shares, worth approximately $1.25 million.
As published in a research note from Deutsche Bank on December 19, 2024, Hewlett Packard Enterprise Co [HPE] has been rated up from a Hold to a Buy and the price target has been revised to $25. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early December. As of December 05, 2024, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for HPE. Earlier on November 18, 2024, Raymond James upgraded its rating. Their new recommendation was “a Strong buy” for HPE stock which previously was a “an Outperform”.
Analyzing HPE Stock Performance
During the last five days, there has been a surge of approximately 2.09%. Over the course of the year, Hewlett Packard Enterprise Co shares have jumped approximately 29.51%. Shares of the company reached a 52-week high of $24.24 on 12/06/24 and a 52-week low of $14.47 on 03/01/24. A 50-day SMA is recorded $21.17, while a 200-day SMA reached $19.37. Nevertheless, trading volume fell to 5.96 million shares from 11.46 million shares the previous day.
Support And Resistance Levels for Hewlett Packard Enterprise Co (HPE)
According to the 24-hour chart, there is a support level at 21.79, which, if violated, would cause prices to drop to 21.68. In the upper region, resistance lies at 21.96. The next price resistance is at 22.02. RSI (Relative Strength Index) is 53.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.11, which suggests the price will decrease in the coming days. Percent R is at 63.69%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
