Hewlett Packard Enterprise (NYSE:HPE) Shares Down 1.6% Following Insider Selling

Hewlett Packard Enterprise Company (NYSE:HPE)’s stock price dropped 1.6% on Thursday following insider selling activity. The stock traded as low as $69.82 and last traded at $70.9220. Approximately 16,084,655 shares were traded during trading, a decline of 25% from the average daily volume of 21,306,791 shares. The stock had previously closed at $72.09.

Specifically, CEO Antonio Neri sold 250,000 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $68.31, for a total value of $17,077,500.00. Following the transaction, the chief executive officer owned 1,182,393 shares of the company’s stock, valued at $80,769,265.83. This represents a 17.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on HPE shares. Evercore downgraded Hewlett Packard Enterprise from an “outperform” rating to an “in-line” rating and set a $65.00 price objective for the company. in a report on Monday, September 14th. Citigroup raised their target price on Hewlett Packard Enterprise from $76.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, October 1st. Piper Sandler restated a “neutral” rating and set a $57.00 target price (down from $63.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, September 3rd. Truist Financial reaffirmed a “buy” rating and issued a $75.00 price target (up from $70.00) on shares of Hewlett Packard Enterprise in a research note on Thursday, October 1st. Finally, Weiss Ratings raised shares of Hewlett Packard Enterprise from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Hewlett Packard Enterprise currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.06.

Hewlett Packard Enterprise News Summary

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE introduced four ProLiant Gen13 servers powered by AMD’s latest EPYC processors. The systems target agentic AI, inference, analytics, virtualization and simulation workloads, strengthening HPE’s position in enterprise AI infrastructure. HPE Accelerates Enterprise AI Innovation With Next-Generation AMD CPU-Powered Servers
• Positive Sentiment: Mizuho Securities selected HPE Cray XD2000 systems for a direct-liquid-cooling-ready data center supporting advanced financial simulations. The agreement provides evidence of demand for HPE’s high-performance computing and AI capabilities. Mizuho Securities Selects HPE to Accelerate Advanced Financial Simulations and Strengthen AI Readiness
• Positive Sentiment: Investors are increasingly viewing HPE as an AI infrastructure and networking company. Attention has been boosted by a reported $1.2 billion AMD Helios AI Rack order from Vultr, HPE’s Juniper Networks acquisition and expectations for stronger networking demand. Hewlett Packard Enterprise Shares Jumped, What Is Driving Attention Now?
• Neutral Sentiment: HPE has risen roughly 40% in one month and reached a 52-week high, leaving the stock vulnerable to profit-taking. Recent earnings were strong, with revenue up 33.7% year over year and EPS exceeding estimates, but the rally has also increased valuation risk. Hewlett Packard Enterprise Just Surged 40% in a Month
• Negative Sentiment: CEO Antonio Neri sold 250,000 shares for approximately $17.1 million, reducing his direct holdings by 17.45%. The sale occurred under a pre-arranged Rule 10b5-1 plan, limiting its value as a bearish signal, but it may still pressure investor sentiment.

Hewlett Packard Enterprise Trading Down 1.6%

The business has a 50 day simple moving average of $57.27 and a 200-day simple moving average of $44.41. The stock has a market capitalization of $94.15 billion, a price-to-earnings ratio of 36.94, a PEG ratio of 0.63 and a beta of 1.39. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last released its quarterly earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The company had revenue of $12.21 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same quarter last year, the firm posted $0.44 earnings per share. Hewlett Packard Enterprise’s revenue was up 33.7% compared to the same quarter last year. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. As a group, equities analysts expect that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 17th will be issued a $0.1425 dividend. This represents a $0.57 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, September 17th. Hewlett Packard Enterprise’s dividend payout ratio is 29.69%.

Institutional Investors Weigh In On Hewlett Packard Enterprise

Several large investors have recently made changes to their positions in the stock. Irenic Capital Management LP purchased a new stake in Hewlett Packard Enterprise in the 1st quarter worth about $18,691,000. Assenagon Asset Management S.A. lifted its holdings in Hewlett Packard Enterprise by 387.9% during the second quarter. Assenagon Asset Management S.A. now owns 1,240,000 shares of the technology company’s stock valued at $55,936,000 after purchasing an additional 985,829 shares during the last quarter. Eastern Bank boosted its position in Hewlett Packard Enterprise by 206.4% during the third quarter. Eastern Bank now owns 28,994 shares of the technology company’s stock worth $1,852,000 after purchasing an additional 19,532 shares during the period. State of Wyoming bought a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $1,271,000. Finally, Andra AP fonden purchased a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at approximately $10,759,000. Institutional investors own 80.78% of the company’s stock.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and secure data center, cloud and edge-computing environments.

HPE’s portfolio includes enterprise servers, high-performance computing systems, data storage, networking equipment, software and technology consulting services. The company also provides hybrid cloud and as-a-service solutions through HPE GreenLake, allowing customers to access and manage computing, storage, data protection and other IT capabilities through a flexible consumption model.