Hewlett Packard Enterprise Company (NYSE:HPE) CEO Margaret C. Whitman sold 389,668 shares of the stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $17.64, for a total value of $6,873,743.52. Following the transaction, the chief executive officer now owns 962,433 shares of the company’s stock, valued at $16,977,318.12. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Hewlett Packard Enterprise Company (HPE) traded down 0.85% during trading on Wednesday, hitting $17.60. The stock had a trading volume of 4,915,676 shares. The firm has a 50 day moving average of $17.26 and a 200-day moving average of $17.63. Hewlett Packard Enterprise Company has a one year low of $15.49 and a one year high of $19.16. The company has a market cap of $28.91 billion, a P/E ratio of 13.34 and a beta of 2.74. Hewlett Packard Enterprise also saw some unusual options trading on Tuesday. Traders bought 19,342 call options on the company. This represents an increase of approximately 647% compared to the average volume of 2,590 call options.

Hewlett Packard Enterprise (NYSE:HPE) last posted its quarterly earnings data on Wednesday, May 31st. The technology company reported $0.35 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.35. The firm had revenue of $9.90 billion for the quarter, compared to the consensus estimate of $9.75 billion. Hewlett Packard Enterprise had a return on equity of 9.80% and a net margin of 4.85%. The company’s quarterly revenue was down 22.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.42 EPS. Equities analysts anticipate that Hewlett Packard Enterprise Company will post $1.45 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th will be issued a $0.065 dividend. The ex-dividend date is Tuesday, September 12th. This represents a $0.26 annualized dividend and a dividend yield of 1.48%. Hewlett Packard Enterprise’s dividend payout ratio is presently 20.16%.

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A number of research firms have recently commented on HPE. Stifel Nicolaus reiterated a “hold” rating and set a $20.00 target price on shares of Hewlett Packard Enterprise in a research report on Friday, May 26th. Robert W. Baird reiterated a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Credit Suisse Group reiterated a “buy” rating and set a $21.00 target price on shares of Hewlett Packard Enterprise in a research report on Tuesday, May 23rd. Barclays PLC lowered their target price on Hewlett Packard Enterprise from $21.00 to $18.00 and set an “underweight” rating for the company in a research report on Wednesday, May 10th. Finally, Jefferies Group LLC restated a “buy” rating and set a $22.00 price target on shares of Hewlett Packard Enterprise in a report on Saturday, July 22nd. Two analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $21.87.

Several large investors have recently bought and sold shares of HPE. YorkBridge Wealth Partners LLC increased its stake in Hewlett Packard Enterprise by 3.2% in the second quarter. YorkBridge Wealth Partners LLC now owns 6,457 shares of the technology company’s stock valued at $108,000 after buying an additional 200 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Hewlett Packard Enterprise by 4.1% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 6,713 shares of the technology company’s stock valued at $111,000 after buying an additional 266 shares in the last quarter. Reilly Financial Advisors LLC increased its stake in Hewlett Packard Enterprise by 5.3% in the first quarter. Reilly Financial Advisors LLC now owns 5,002 shares of the technology company’s stock valued at $119,000 after buying an additional 250 shares in the last quarter. State of Alaska Department of Revenue purchased a new stake in Hewlett Packard Enterprise during the first quarter valued at about $125,000. Finally, Harfst & Associates Inc. purchased a new stake in Hewlett Packard Enterprise during the first quarter valued at about $127,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company’s segments include: Enterprise Group, Software, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).

Insider Buying and Selling by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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