Hewlett Packard Enterprise Co’s recent filing unveils that its EVP, GM, Server MacDonald Neil B unloaded Company’s shares for reported $0.49 million on May 08 ’25. In the deal valued at $17.01 per share,29,000 shares were sold. As a result of this transaction, MacDonald Neil B now holds 28,197 shares worth roughly $0.5 million.
Then, MacDonald Neil B bought 29,000 shares, generating $493,366 in total proceeds.
Before that, Mayer Bethany sold 6,409 shares. Hewlett Packard Enterprise Co shares valued at $84,535 were divested by the Director at a price of $13.19 per share. As a result of the transaction, Mayer Bethany now holds 0 shares, worth roughly $0.0.
Morgan Stanley downgraded its Hewlett Packard Enterprise Co [HPE] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who decreased its forecast for the stock in mid March from “an Outperform” to “a Neutral”. Deutsche Bank also remained covering HPE and has increased its forecast on December 19, 2024 with a “Buy” recommendation from previously “Hold” rating. Citigroup revised its rating on December 06, 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 jump 0.74% to $17.75. Over the last five days, the stock has gained 5.09%. Hewlett Packard Enterprise Co shares have fallen nearly -16.86% since the year began. Nevertheless, the stocks have risen 0.57% over the past one year. While a 52-week high of $24.66 was reached on 01/22/25, a 52-week low of $11.97 was recorded on 04/04/25. SMA at 50 days reached $15.73, while 200 days put it at $19.27.
Levels Of Support And Resistance For HPE Stock
The 24-hour chart illustrates a support level at 17.61, which if violated will result in even more drops to 17.46. On the upside, there is a resistance level at 17.86. A further resistance level may holdings at 17.98. The Relative Strength Index (RSI) on the 14-day chart is 64.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.41%. Stochastics %K at 82.18% indicates the stock is a selling.
