Anneliese Olson Sells 18,154 Shares of HP (NYSE:HPQ) Stock

HP Inc. (NYSE:HPQ) insider Anneliese Olson sold 18,154 shares of HP stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $27.88, for a total transaction of $506,133.52. Following the completion of the transaction, the insider directly owned 169 shares of the company’s stock, valued at $4,711.72. This trade represents a 99.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

HP Stock Performance

NYSE HPQ opened at $27.49 on Friday. HP Inc. has a one year low of $21.21 and a one year high of $39.79. The company has a 50-day simple moving average of $27.75 and a 200-day simple moving average of $26.39. The firm has a market capitalization of $25.70 billion, a PE ratio of 10.03, a price-to-earnings-growth ratio of 2.23 and a beta of 1.29.

HP (NYSE:HPQ) last posted its quarterly earnings results on Wednesday, August 27th. The computer maker reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. HP had a net margin of 4.83% and a negative return on equity of 262.03%. The business had revenue of $13.93 billion during the quarter, compared to analyst estimates of $13.69 billion. During the same period in the previous year, the business posted $0.83 EPS. The company’s quarterly revenue was up 3.1% on a year-over-year basis. HP has set its Q4 2025 guidance at 0.870-0.97 EPS. Equities analysts forecast that HP Inc. will post 3.56 earnings per share for the current year.

Institutional Trading of HP

Institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue lifted its stake in shares of HP by 36.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 286,760 shares of the computer maker’s stock worth $7,013,000 after acquiring an additional 75,895 shares during the period. Meritage Portfolio Management raised its holdings in shares of HP by 37.8% in the 1st quarter. Meritage Portfolio Management now owns 140,632 shares of the computer maker’s stock worth $3,894,000 after purchasing an additional 38,568 shares in the last quarter. Jump Financial LLC bought a new stake in shares of HP in the 1st quarter worth approximately $6,359,000. Horizon Financial Services LLC raised its holdings in shares of HP by 2,669.0% in the 1st quarter. Horizon Financial Services LLC now owns 11,519 shares of the computer maker’s stock worth $319,000 after purchasing an additional 11,103 shares in the last quarter. Finally, Longfellow Investment Management Co. LLC bought a new stake in shares of HP in the 1st quarter worth approximately $627,000. 77.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on HPQ. JPMorgan Chase & Co. lowered shares of HP from an “overweight” rating to a “neutral” rating and set a $30.00 price target for the company. in a report on Wednesday, October 22nd. HSBC set a $30.00 price target on shares of HP and gave the company a “buy” rating in a report on Tuesday, October 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HP in a report on Wednesday, October 8th. Wall Street Zen lowered shares of HP from a “buy” rating to a “hold” rating in a research note on Sunday, October 26th. Finally, Evercore ISI reissued an “in-line” rating and set a $29.00 target price on shares of HP in a research note on Wednesday, September 10th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, HP presently has a consensus rating of “Hold” and an average price target of $28.71.

About HP

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.