Hp Inc (HPQ): Tracy S Keogh , Chief HR Officer of Hp Inc sold 200,000 shares on May 27, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $13.14 per share for a total value of $2,627,060.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Catherine A Lesjak (CFO) sold 324,310 shares at $11.96 per share price.On Dec 4, 2015, Rajiv Gupta (director) purchased 80,000 shares at $12.00 per share price.Also, On Oct 2, 2015, Dion J Weisler (EVP, PPSG) sold 40,000 shares at $25.29 per share price.On Sep 30, 2015, Martin Fink (EVP, CTO) sold 23,069 shares at $24.77 per share price.
HP Inc: On Friday, May 27, 2016 heightened volatility was witnessed in HP Inc which led to swings in the share price. The shares opened for trading at $13.02 and hit $13.305 on the upside , eventually ending the session at $13.17, with a gain of 1.00% or 0.13 points. The heightened volatility saw the trading volume jump to 1,88,81,860 shares. The 52-week high of the share price is $15.56328 and the company has a market cap of $22,875 M . The 52-week low of the share price is at $8.91.
Company has been under the radar of several Street Analysts.HP Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 12 from a previous price target of $11 .The Rating was issued on Mar 14, 2016.
HP Inc. formerly Hewlett-Packard Company is a provider of products technologies software solutions and services to individual consumers small- and medium-sized businesses and large enterprises. The Company operates in seven business segments: Personal Systems Printing the Enterprise Group Enterprise Services Software HP Financial Services and Corporate Investments. It offers personal computing and other access devices; imaging and printing related products and services; enterprise information technology (IT) infrastructure including enterprise server and storage technology networking products and solutions technology support and maintenance; multi-vendor customer services including technology consulting outsourcing and support services across infrastructure applications and business process domains and software products and solution including application testing and delivery software big data analytics information governance and IT Operations Management.