The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Hewlett Packard Enterprise Co shares valued at $84,535 were sold by Mayer Bethany on Apr 04 ’25. At $13.19 per share, Mayer Bethany sold 6,409 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Mayer Bethany purchased 6,409 shares, netting a total of over 84,535 in proceeds.
Before that, Cox Jeremy had sold 11,577 shares from its account. In a trade valued at $266,271, the SVP, Controller & CTO traded Hewlett Packard Enterprise Co shares for $23.00 each. Upon closing the transaction, the insider’s holdings decreased to 11,577 shares, worth approximately $0.79 million.
As published in a research note from Morgan Stanley on April 08, 2025, Hewlett Packard Enterprise Co [HPE] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $14. Analysts at Daiwa Securities downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid March. As of December 19, 2024, Deutsche Bank has increased its “Hold” rating to a “Buy” for HPE. Earlier on December 06, 2024, Citigroup upgraded its rating. Their new recommendation was “a Buy” for HPE stock which previously was a “a Neutral”.
Analyzing HPE Stock Performance
During the last five days, there has been a surge of approximately 8.74%. Over the course of the year, Hewlett Packard Enterprise Co shares have dropped approximately -24.22%. Shares of the company reached a 52-week high of $24.66 on 01/22/25 and a 52-week low of $11.97 on 04/04/25. A 50-day SMA is recorded $16.84, while a 200-day SMA reached $19.56.
Support And Resistance Levels for Hewlett Packard Enterprise Co (HPE)
According to the 24-hour chart, there is a support level at 15.64, which, if violated, would cause prices to drop to 15.11. In the upper region, resistance lies at 16.49. The next price resistance is at 16.81. RSI (Relative Strength Index) is 55.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.14, which suggests the price will increase in the coming days. Percent R is at 2.09%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.