Hewlett Packard Enterprise Co (NYSE:HPE), a global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, has reported an insider transaction. Phil Mottram, EVP, GM, Intelligent Edge, sold 50,428 shares of the company on December 18, 2023. The transaction was executed at an average price of $16.77, resulting in a total value of $845,681.56.
According to the data provided, the insider has been active in the market over the past year, selling a total of 95,192 shares and making no purchases. This latest transaction continues the trend of insider selling at Hewlett Packard Enterprise Co.
Insider Trends
The insider transaction history at Hewlett Packard Enterprise Co shows a pattern of selling rather than buying among insiders. Over the past year, there have been no insider buys but a total of 29 insider sells.
Company Valuation
On the day of the insider's recent sale, shares of Hewlett Packard Enterprise Co were trading at $16.77, giving the company a market capitalization of $21.59 billion. The price-earnings ratio of the stock stands at 10.93, which is below both the industry median of 22.875 and the company's historical median price-earnings ratio.
Comparing the stock's price of $16.77 to the GuruFocus Value (GF Value) of $16.05, Hewlett Packard Enterprise Co has a price-to-GF-Value ratio of 1.04, indicating that the stock is Fairly Valued based on its GF Value.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
Investors and stakeholders in Hewlett Packard Enterprise Co may consider these insider trading trends and valuation metrics as part of their overall assessment of the company's stock performance and outlook.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
