Large Outflow of Money Witnessed in Hewlett-Packard Company

Hewlett-Packard Company (HPQ) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($7.53 million) and the uptick to downtick ratio was 0.79. The transaction value on upticks was $28.85 million and on downticks, the transaction value was $36.38 million. In block trades, the transaction value of inflow done during uptick was $6.24 million. The transaction value of block trades during downticks was $8.53 million. The uptick to downtick block trade ratio was 0.73. The money flow was negative ($2.29 million), indicating the traders were booking profit on the price strength. Hewlett-Packard Company (HPQ) rose $0.56 at $13.72, during intraday Tuesday , a rise of 4.26% over the previous days close.


The company Insiders own 0.51% of Hewlett-Packard Company shares according to the proxy statements. Institutional Investors own 78.26% of Hewlett-Packard Company shares. In an insider trading activity,The (Chief HR Officer) of Hp Inc, Keogh Tracy S sold 200,000 shares at $13.14 on May 27, 2016. The Insider selling transaction had a total value worth of $2,628,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of HP Inc. rose by 11% in the last five trading days and 2.57% for the last 4 weeks. HP Inc. is up 13.32% in the last 3-month period. Year-to-Date the stock performance stands at 18.26%.

Hewlett-Packard Company (NYSE:HPQ): stock turned positive on Tuesday. Though the stock opened at $13.47, the bulls momentum made the stock top out at $13.83 level for the day. The stock recorded a low of $13.42 and closed the trading day at $13.72, in the green by 4.26%. The total traded volume for the day was 17,162,892. The stock had closed at $13.16 in the previous days trading.

HP INC, formerly Hewlett-Packard Company (HP), is a global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. The Company offers IT industrys broadest portfolios of products and services that bring infrastructure, software, and services through innovation to enable its customers to create value and solve business problems. The Company designs its solutions to provide foundation, in the areas of security, cloud, mobility and big data, by leveraging the breadth of its offerings and the strengths and capabilities of its individual business units. The Companys operations are organized into seven business segments: Personal Systems; Printing; the Enterprise Group (EG); Enterprise Services (ES); Software; HP Financial Services (HPFS), and Corporate Investments.

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