Hp Inc (HPQ) Files Form 4 Insider Selling : Tracy S Keogh Sells 100,000 Shares

Hp Inc (HPQ): Tracy S Keogh , Chief HR Officer of Hp Inc sold 100,000 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were sold at $15.00 per share for a total value of $1,500,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 31, 2016, Marie Myers (Global Controller, HFS & PAO) sold 10,269 shares at $14.55 per share price.On Aug 16, 2016, Tracy S Keogh (Chief HR Officer) sold 100,000 shares at $14.50 per share price.Also, 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.

HP Inc: On Thursday, Sep 22, 2016 heightened volatility was witnessed in HP Inc which led to swings in the share price. The shares opened for trading at $14.98 and hit $15.17 on the upside , eventually ending the session at $15.12, with a gain of 0.87% or 0.13 points. The heightened volatility saw the trading volume jump to 99,38,676 shares. The 52-week high of the share price is $15 and the company has a market cap of $25,868 M . The 52-week low of the share price is at $8.91.

HP Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.HP Inc is Downgraded by Maxim Group to Hold while Lowering the Price Target of the company shares to $ 15 from a previous price target of $17 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 25, 2016.HP Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 14 from a previous price target of $12 .The Rating was issued on Aug 22, 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.

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