Insider Selling: Hewlett Packard Enterprise (NYSE:HPE) CEO Sells $17,077,500.00 in Stock

Hewlett Packard Enterprise Company (NYSE:HPE) CEO Antonio Neri sold 250,000 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $68.31, for a total value of $17,077,500.00. Following the completion of the transaction, the chief executive officer directly owned 1,182,393 shares in the company, valued at approximately $80,769,265.83. The trade was a 17.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hewlett Packard Enterprise Stock Up 2.4%

Shares of HPE traded up $1.66 during midday trading on Wednesday, hitting $72.14. The company had a trading volume of 25,476,895 shares, compared to its average volume of 21,332,871. The stock has a market cap of $95.77 billion, a price-to-earnings ratio of 37.58, a PEG ratio of 0.61 and a beta of 1.39. Hewlett Packard Enterprise Company has a 52 week low of $19.84 and a 52 week high of $73.28. The company’s 50 day moving average price is $56.71 and its 200 day moving average price is $44.06. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.65.

Hewlett Packard Enterprise (NYSE:HPE) last announced its quarterly earnings data on Wednesday, September 2nd. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $12.21 billion for the quarter, compared to analysts’ expectations of $11.97 billion. During the same quarter in the prior year, the firm posted $0.44 earnings per share. Hewlett Packard Enterprise’s revenue for the quarter 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. On average, equities research analysts predict that Hewlett Packard Enterprise Company will post 3.34 EPS for the current year.

Hewlett Packard Enterprise Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts recently commented on HPE shares. Wells Fargo & Company raised their price objective on shares of Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, October 1st. Deutsche Bank Aktiengesellschaft started coverage on shares of Hewlett Packard Enterprise in a research note on Tuesday, September 1st. They issued a “buy” rating and a $62.00 price objective for the company. Evercore downgraded Hewlett Packard Enterprise from an “outperform” rating to an “in-line” rating and set a $65.00 target price on the stock. in a report on Monday, September 14th. Daiwa Securities Group upgraded Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and set a $75.00 target price on the stock in a research note on Friday, October 2nd. 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 issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $72.06.

Institutional Trading of Hewlett Packard Enterprise

Institutional investors have recently modified their holdings of the company. Elliott Investment Management L.P. raised its stake in shares of Hewlett Packard Enterprise by 47.2% in the 1st quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company’s stock valued at $652,912,000 after buying an additional 8,790,757 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Hewlett Packard Enterprise during the 2nd quarter worth approximately $1,027,139,000. Primecap Management Co. CA acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at $773,225,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Hewlett Packard Enterprise by 6.1% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company’s stock worth $590,435,000 after acquiring an additional 756,972 shares during the last quarter. Finally, Legal & General Group Plc acquired a new position in Hewlett Packard Enterprise during the 2nd quarter worth $512,721,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Key Stories Impacting Hewlett Packard Enterprise

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

• Positive Sentiment: HPE unveiled four ProLiant Gen13 servers powered by AMD’s sixth-generation EPYC processors. The systems are designed for enterprise AI inference, analytics, virtualization, simulation, and other compute-intensive workloads, strengthening HPE’s Cloud and AI growth story. HPE Accelerates Enterprise AI Innovation With Next-Generation AMD CPU-Powered Servers
• Positive Sentiment: The AMD-powered product launch helped HPE shares reach a fresh record high even as the broader technology market weakened, suggesting investors view the new systems as evidence of growing demand for HPE’s AI infrastructure portfolio. Why HPE Stock Hit a Record High Today?
• Positive Sentiment: Analyst support is adding momentum: Morgan Stanley raised its HPE price target following the company’s earnings and a major AI-related deal, while Daiwa upgraded the stock to Outperform from Neutral. Morgan Stanley Resets Hewlett Packard HPE Target After Earnings
• Positive Sentiment: Investors are increasingly emphasizing HPE’s networking opportunity, including technology from its Juniper Networks acquisition and stronger AMD partnership. The combination could expand HPE’s exposure to AI data-center connectivity beyond traditional servers. How HPE’s Juniper Acquisition Strengthens AMD Partnership
• Neutral Sentiment: The rally has been substantial, with shares gaining roughly 40% over the past month and reaching new highs. Positive earnings revisions may support further gains, but the rapid advance also increases the potential for profit-taking. Hewlett Packard Enterprise Just Surged 40% in a Month
• Negative Sentiment: Rising Treasury yields and oil prices are pressuring the broader market, while HPE’s elevated valuation and proximity to its high could make the stock more sensitive to weaker AI spending or disappointing guidance.

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.