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Daiwa Securities analysts downgrades a Neutral rating for Hewlett Packard Enterprise Co (HPE)

In a filing, Hewlett Packard Enterprise Co revealed its Director Mayer Bethany acquired Company’s shares for reported $84535.0 on Apr 04 ’25. In the deal valued at $13.19 per share,6,409 shares were bought.

Then, Cox Jeremy sold 11,577 shares, generating $266,271 in total proceeds. Upon selling the shares at $23.00, the SVP, Controller & CTO now owns 48,615 shares.

Before that, Cox Jeremy bought 11,577 shares. Hewlett Packard Enterprise Co shares valued at $266,271 were divested by the Officer at a price of $23.00 per share.

Daiwa Securities downgraded its Hewlett Packard Enterprise Co [HPE] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. Citigroup also remained covering HPE and has increased its forecast on December 06, 2024 with a “Buy” recommendation from previously “Neutral” rating. Morgan Stanley revised its rating on December 05, 2024. It rated HPE as “an Overweight” which previously was an “an Equal-weight”.

Price Performance Review of HPE

On Friday, Hewlett Packard Enterprise Co [NYSE:HPE] saw its stock fall -6.51% to $12.79. Over the last five days, the stock has lost -19.00%. Hewlett Packard Enterprise Co shares have fallen nearly -40.09% since the year began. Nevertheless, the stocks have fallen -29.69% over the past one year. While a 52-week high of $24.66 was reached on 01/22/25, a 52-week low of $13.60 was recorded on 04/04/25. SMA at 50 days reached $18.67, while 200 days put it at $19.98.

Levels Of Support And Resistance For HPE Stock

The 24-hour chart illustrates a support level at 12.07, which if violated will result in even more drops to 11.34. On the upside, there is a resistance level at 13.41. A further resistance level may holdings at 14.03. The Relative Strength Index (RSI) on the 14-day chart is 22.88, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.16%. Stochastics %K at 30.00% 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 2025-03-14, growing by 6.38 million shares to a total of 43.76 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 37.38 million shares. There was a rise of 14.58%, which implies that there is a positive sentiment for the stock.

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