Tuesday, January 16, 2018 10:15 PM ET
Insider Sales at Hewlett Packard (HPQ) Extends the Selling Trend of Last Quarter
In SEC filings today Hewlett Packard revealed two insiders — Enrique Lores, Officer, and Ron Coughlin, Officer — sold 52,820 shares in the company having a market value of approximately $1,188,072. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 209,742 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 262,562 shares and have averaged 37,509 shares per transaction over this time period.
Compared to its peers over the last 90 days, insider buy/sell trading at Hewlett Packard is greater than the 24-company peer group average. Computer Hardware peer group saw 32 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for Hewlett Packard insiders was also higher. Within the peer group there were 35,214 shares purchased and 442,893 shares sold with company insiders disposing of 12,740 shares on average.
The data sourced in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
Today’s Insider Activity
* Enrique Lores, Officer, sold 37,820 shares
* Ron Coughlin, Officer, sold 15,000 shares
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