On October 2, 2024, Fidelma Russo, Executive Vice President, General Manager, Hybrid Cloud, and Chief Technology Officer of Hewlett Packard Enterprise Co (HPE, Financial), sold 55,908 shares of the company. The transaction was executed at a stock price of $19.99, as detailed in the SEC Filing. Following this transaction, the insider now owns 0 shares of Hewlett Packard Enterprise Co.
Hewlett Packard Enterprise Co specializes in providing IT, technology & enterprise products, solutions, and services. The company operates in segments that include Hybrid IT, Intelligent Edge, and Financial Services, focusing on servers, storage devices, networking products, and data center services.
Over the past year, Fidelma Russo has sold a total of 154,039 shares of Hewlett Packard Enterprise Co and has not made any purchases of the stock during this period. The insider transaction history for Hewlett Packard Enterprise Co shows a trend with 0 insider buys and 23 insider sells over the past year.
On the valuation front, Hewlett Packard Enterprise Co's shares were trading at $19.99 on the day of the insider's recent transaction. This price gives the company a market cap of approximately $26.62 billion. The price-earnings ratio of the stock stands at 14.64, which is lower than the industry median of 22.785.
According to the GF Value, the intrinsic value estimate for Hewlett Packard Enterprise Co is $16.50 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.21.
The GF Value is calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates from analysts.
This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and stock valuation perspectives.
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.
