Have Insiders Sold Hewlett Packard Enterprise Shares Recently?
We wouldn't blame Hewlett Packard Enterprise Company (NYSE:HPE) shareholders if they were a little worried about the fact that Antonio Neri, the CEO, President & Director recently netted about US$15m selling shares at an average price of US$60.44. That's a big disposal, and it decreased their holding size by 15%, which is notable but not too bad.
Hewlett Packard Enterprise Insider Transactions Over The Last Year
Notably, that recent sale by Antonio Neri is the biggest insider sale of Hewlett Packard Enterprise shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$56.68. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
In the last year Hewlett Packard Enterprise insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
See our latest analysis for Hewlett Packard Enterprise
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Insider Ownership
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Hewlett Packard Enterprise insiders own 0.4% of the company, worth about US$280m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At Hewlett Packard Enterprise Tell Us?
Insiders haven't bought Hewlett Packard Enterprise stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. On the plus side, Hewlett Packard Enterprise makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 2 warning signs for Hewlett Packard Enterprise and we suggest you have a look.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.