Hewlett Packard Enterprise Co (HPE) Files Form 4 Insider Selling : Jeff T Ricci Sells 5,830 Shares

Hewlett Packard Enterprise Co (HPE): Jeff T Ricci , SVP, Controller & PAO of Hewlett Packard Enterprise Co sold 5,830 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $19.23 per share for a total value of $112,110.90 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 6, 2016, Robert Youngjohns (EVP and GM, HP Software) sold 34,711 shares at $18.46 per share price.On May 31, 2016, Jeff T Ricci (SVP, Controller & PAO) sold 4,852 shares at $17.11 per share price.Also, On May 31, 2016, Kirt P Karros (SVP, Finance & Treasurer) sold 15,280 shares at $17.42 per share price.On Dec 3, 2015, Antonio F Neri (EVP and GM EG) sold 20,919 shares at $14.90 per share price.

Company has been under the radar of several Street Analysts.Hewlett Packard Enterprise Co is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 22 from a previous price target of $19 .The Rating was issued on Jun 9, 2016.Hewlett Packard Enterprise Co is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 16 from a previous price target of $13 .The Rating was issued on May 25, 2016.Hewlett Packard Enterprise Co is Reiterated by Jefferies to Buy and the brokerage firm has raised the Price Target to $ 24 from a previous price target of $19.50 .The Rating was issued on May 25, 2016.Hewlett Packard Enterprise Co is Reiterated by FBN Securities to Outperform and the brokerage firm has raised the Price Target to $ 21 from a previous price target of $18 .The Rating was issued on May 25, 2016.

Hewlett Packard Enterprise Company (Hewlett Packard Enterprise) is engaged in offering information technology (IT) and enterprise services solutions. The Company focuses on technology solutions which enables the customers to build cloud-enabled mobile-ready solutions that is suited to their needs. The Company’s portfolio includes enterprise services software and financial services businesses. Hewlett Packard Enterprise offers its services to various enterprises and governments.

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